Connect with us

Buhari directs CBN to blacklist firms importing palm oil, 42 other items

General

Buhari directs CBN to blacklist firms importing palm oil, 42 other items

President of the Federal Republic of Nigeria, Muhammadu Buhari has directed the Central Bank of the country to blacklist any firm, its owner and top management caught smuggling or dumping any of the restricted 43 items into Nigeria.

The Presidential directive was disclosed by the CBN Governor, Mr. Godwin Emefiele on Friday in Abuja during a meeting with palm producers.

MORE READING!  Anambra police arrest Punch correspondent over certificate forgery reports on UNIZIK lecturer

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.

PUNCH

MORE READING!  Man recounts how he escaped jail after 'Pastor' did fake Canadian visa for him
Click to comment

More in General

To Top