Skip to content
August 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Benin provisionally reverses ban on oil exports from Niger
  • Business & Economy

Benin provisionally reverses ban on oil exports from Niger

Admin May 16, 2024
Minister

Oil rig

May 16, 2024

Benin has provisionally reversed its decision to block exports of crude oil from Niger via its port and agreed to hold a meeting between the two countries, the West African nation’s mines minister said on Wednesday.

Last week in an escalation of tensions with its neighbour, Benin said it had blocked exports from landlocked Niger, demanding the junta-led country reopen its border to goods and normalise relations before crude shipments can restart.

“We have decided to authorize the loading of the first vessel in our waters… However, it is important to note that this authorization is provisional,” minister Samou Seidou Adambi told reporters after a meeting with Chinese partners.

Benin intends to respect all the agreements within the pipeline project, Adambi said, adding that the country planned to hold a meeting to examine “urgent matters relating to the proper conduct of the pipeline’s export operations”.

Relations between Benin and Niger have been strained since a July 2023 coup in Niger led the West African regional bloc ECOWAS to impose strict sanctions for more than six months.

Trade flows in the region were expected to normalise after the West African regional bloc lifted sanctions to dissuade Niger from withdrawing from the political and economic union.

But Niger has kept its borders closed to goods from Benin and not formally told Benin why it has done so, President Patrice Talon said in a statement last week.

Niger’s Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin’s blockade of Niger’s oil exports violated trade agreements between the two countries and with Niger’s Chinese partners.

He added that Niger could not fully reopen its border with Benin for security reasons.

The nearly 2,000 km (1,243-mile) PetroChina (601857.SS), opens new tab -backed pipeline was officially launched in November linking Niger’s Agadem oilfield to the Benin port of Cotonou.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ali Mahaman Lamine Zeine ECOWAS Petro China

Post navigation

Previous Obaseki brokers peace between Oba of Benin and suspended Enigie
Next FG’s N48,000 Minimum Wage Proposal is Abysmal — TUC

Related Stories

Nigeria produces 1m tons of mangoes annually, ranks 11th globally – NAMPPMAN
  • Business & Economy

Nigeria produces 1m tons of mangoes annually, ranks 11th globally – NAMPPMAN

August 10, 2026
We do not conduct oil licensing rounds – NNPCL; reports growth under Ojulari
  • Business & Economy

We do not conduct oil licensing rounds – NNPCL; reports growth under Ojulari

August 9, 2026
IT’S OFFICIAL: NCC, Enugu state seal 15-year Digital Industrial Park deal
  • Business & Economy

IT’S OFFICIAL: NCC, Enugu state seal 15-year Digital Industrial Park deal

August 9, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

36 vessels to arrive Lagos ports with petroleum products, food, others – NPA greater efficiency
  • National News

36 vessels to arrive Lagos ports with petroleum products, food, others – NPA

August 10, 2026
Nigeria Reports 1,000 Lassa Fever Cases, 237 Deaths as Fatality Rate Rises to 23.7% Bauchi
  • National News

Nigeria Reports 1,000 Lassa Fever Cases, 237 Deaths as Fatality Rate Rises to 23.7%

August 10, 2026
ESUT suspends 3 Law students for 2 years over examination malpractices
  • National News

ESUT suspends 3 Law students for 2 years over examination malpractices

August 10, 2026
NAPTIP Rescues Over 3,000 SGBV Victims, Secures 20 Convictions in 2026 irregular migration
  • National News

NAPTIP Rescues Over 3,000 SGBV Victims, Secures 20 Convictions in 2026

August 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.