Agriculture
BREAKING: Buhari orders CBN to blacklist firms importing palm oil, 42 other items
President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top management caught smuggling or dumping any of the restricted 43 items into Nigeria.
The presidential order was revealed by the CBN Governor, Mr. Godwin Emefiele on Friday in Abuja during a meeting with oil palm producers, according to the Punch.
Emefiele also said the presidential directive mandated the apex bank to expand and provide support to firms and individuals that want to expand the production of ten different commodities in Nigeria.
The ten different products are rice, maize, cassava, tomatoes, cotton, oil palm, poultry, fish, livestock dairy and cocoa.
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