The Banki International Livestock Market has officially reopened, years after being destroyed by Boko Haram insurgents. The market, a key commercial hub for Nigerian, Chadian, and Cameroonian herders, is expected to revitalize trade in the Lake Chad Basin region.
“We are now happy; everyone is proud to live in safety,” said Alhaji Gana, a livestock trader. “When cattle come from Chad, they are escorted here safely. Now, buyers from Lagos and across Nigeria can transport livestock without fear.”
Borno State Governor Babagana Umar Zulum emphasized the economic significance of the market. “Reviving and reorganizing this market is a top priority to restore livelihoods and accelerate economic recovery in crisis-affected areas,” Zulum said. He urged neighboring countries to work together to remove trade barriers.
Officials believe the market’s reopening will create jobs and boost economic activity in both Nigeria and Cameroon. “This will transform agriculture, promote economic growth, and enhance food security,” said Midjiyawa Bakari, governor of Cameroon’s Far North Region.
Cameroon and Chad have been major suppliers of cattle to Nigeria and the wider subregion in recent years. Authorities hope the market’s revival will further strengthen regional trade.