Buhari directs CBN to cease offering funds for meals importation

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Nigeria’s President Muhammadu Buhari Tuesday stated he has directed the Central Financial institution of Nigeria (CBN) to cease offering overseas trade for importation of meals into the nation.

Buhari made the disclosure when he hosted All Progressives Congress (APC) governors to Eid-el-Kabir lunch at his nation dwelling in Daura, Katsina State.

“Don’t give a cent to anyone to import meals into the nation,’’ Buhari stated he directed the CBN.

Buhari stated there was no want for meals importation into the nation as a result of there had been regular enchancment in agricultural manufacturing, and attainment of full meals safety.

The Nigerian president stated the overseas reserve will probably be conserved and utilised strictly for diversification of the economic system, and never for encouraging extra dependence on overseas meals import payments.

Buhari famous that some Nigerian states- Kebbi, Ogun, Lagos, Jigawa, Ebonyi and Kano had already taken benefit of the federal government’s coverage on agriculture with returns in rice farming.

He urged extra states to plug into the continued revolution to feed the nation.

Though insecurity nonetheless persists in some Nigerian states however Buhari stated his administration has carried out properly in meals and bodily safety.

Buhari, nonetheless, stated he was delighted that younger Nigerian graduates had began exploring agric-business and entrepreneurship.

Chairman of the Nigerian Governors’ Discussion board and Ekiti State governor Kayode Fayemi stated Buhari had impressed him and different governors on the best way ahead for safety within the nation.

Fayemi stated the states are confronted by monumental challenges however the governors had remained undaunted.

He assured the President Buhari of robust assist and “the perfect effort” to beat all of the obstacles.

Chairman of the Progressive Governors Discussion board and Kebbi State governor Atiku Bagudu stated the occasion had been repositioned after the 2019 elections to work for the good thing about nearly all of Nigerians.



Source:https://guardian.ng/information/buhari-directs-cbn-to-stop-providing-funds-for-food-importation/

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