FG mulls foreign exchange ban for milk, tomato paste | The Guardian Nigeria Newspaper - Nigeria and World News - News Summed Up

FG mulls foreign exchange ban for milk, tomato paste | The Guardian Nigeria Newspaper - Nigeria and World News


Milk and tomato paste are to be added to the list of some 42 items banned from accessing foreign exchange at official rate, according to the Minister of Agriculture, Audu Ogbeh, and the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The two officials made the pronouncement at the inauguration of a N2 billion tomato factory in Kaduna. Only last December, the apex bank added fertiliser to the long list, citing self-sufficiency. The minister said: “ It is a matter of joy to see that we are approaching our target in self-sufficiency in many aspects of agriculture. However, farmers have alleged their exclusion from the process leading to the birth of the National Livestock Transformation Plan of the Federal Government.


Source: The Guardian February 06, 2019 04:07 UTC



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