Connect with us

Latest News

Don’t give a cent to anybody to import food into the country, Buhari orders CBN

Published

on

President Muhammadu Buhari on Tuesday in Daura, Katsina State, disclosed that he has directed the Central Bank of Nigeria to stop providing foreign exchange for importation of food into the country, based on “the steady improvement in agricultural production, and attainment of full food security.”

The President, who hosted All Progressives Congress governors to Eid-el-Kabir lunch at his country home in Daura, said the foreign reserve will be conserved and utilised strictly for diversification of the economy, and not for encouraging more dependence on foreign food import bills.

A statement by Senior Special Assistant to the President
(Media & Publicity), Garba Shehu, states, “Don’t give a cent to anybody to import food into the country,’’ he said.

President noted that some states like Kebbi, Ogun, Lagos, Jigawa, Ebonyi and Kano had already taken advantage of the Federal Government’s policy on agriculture with huge returns in rice farming, urging more states to plug into the ongoing revolution to feed the nation.

“We have achieved food security, and for physical security we are not doing badly,’’he said.

President Buhari said he was particularly delighted that young Nigerians, including graduates, had started exploring agric-business and entrepreneurship, with many posting testimonies of good returns on their investments.

– Punch

Advertisements

Source

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisement

Recent Posts

Trending on Instablog9ja

Nigerian Man Leaks Nude Photos Of A Lady Who Tried To Blackmail For This
Chaos As Twitter Ladies Bare Their Massiv Boobs In Viral Thread (See Reactions)
Boy Arrested As The Lady He Slept With Overnight, Runs Mad
Lady Raped, Half-Naked Corpse Found In A Bush In Enugu
Nationwide blackout in Nigeria as grid collapses during workers’ strike
Advertisement

Trending