Buhari directs CBN to blacklist firms smuggling 43 banned items

Posted by News Express | 15 June 2019 | 1,188 times

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•CBN Governor Emefiele

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

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

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 10 different commodities in the country.

The 10 different products are rice, maize, cassava, tomatoes, cotton, oil palm, poultry, fish, livestock dairy and cocoa. (Agency Report/MSN)


Source: News Express

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