News
Presidency Makes U-Turn On Food Imports
The Presidency, yesterday, said that the Federal Government has neither banned nor restricted importation of food items in the country.
The Presidency also explained that the recent directive by President Muhammadu Buhari to the Central Bank of Nigeria (CBN), to stop providing foreign exchange for importation of food items did not mean a restriction on the importation of food items.
A statement by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu in Abuja, further stated that any importers of food items that wished to source their FOREX from non-government financial institutions (and pay customs duty on those imports – increasing tax-take) were free to do so.
The Presidential spokesman was replying to a report in ‘FINANCIAL Times’, which was a letter to the Editor with the titled, “Muhammadu Buhari sparks dismay over policy shift on food imports”, published on 15th August, 2019.
Shehu wrote, “Your article “Muhammadu Buhari sparks dismay over policy shift on food imports” (15 August) suggests the Nigerian Government is restricting the import of agricultural products into the country.
“This is simply incorrect. To be absolutely clear, there is no ban – or restriction – on the importation of food items whatsoever. “
Buhari has consistently worked towards strengthening Nigeria’s own industrial and agricultural base.
A recent decision sees the Central Bank maintain its reserves to put to use helping growth of the domestic industry in 41 product sectors rather than provide FOREX for the import of those products from overseas.
News
198 UNIBEN Students Bag First Class
News
Bayelsa Education Fund, British Council trains tra 1,000 teachers
News
RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
-
News22 hours agoWe’ll Crush Bandits, Restore Peace In The North, Tinubu Vows
-
Rivers21 hours agoNBA Seeks End To Mass Abductions, Targeted Killings
-
Business22 hours agoMAN Tasks Rivers, Bayelsa On Blue Economy
-
Environment21 hours ago
Tribunal Acknowledges losses in Rare species Across the globe …urges for government Action
-
News22 hours agoFUBARA EXTOLS FORMER PRESIDENT JONATHAN ON BIRTHDAY
-
Rivers21 hours agoFisherman Gets Thumbs-Up Over Patent Creation
-
Business22 hours agoFG Reaffirms Nigeria-First Policy To Boost Local Industry, Expand Non-oil Exports
-
News3 days agoMAN Tasks Rivers, Bayelsa On Blue Economy
