President Muhammadu Buhari Directs CBN to blacklist firms importing palm oil, 42 other items
Written by Adekoya on June 14, 2019
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 restricted forty three items into the country.
The Presidential directive was disclosed by the CBN Governor, Mr. Godwin Emefiele in Abuja during a meeting with oil palm producers.
Mr Emefiele stated that 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.