NECA hails CBN for exempting six companies from Forex restriction

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The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for exempting six companies from the restriction on milk and dairy products importation.

The NECA’S Director-General, Mr Timothy Olawale said in a statement on Thursday in Lagos that it was timely and a sign of responsiveness to good reasoning and businesses concerns.

The News Agency of Nigeria (NAN) reports that the CBN had on Feb. 11 announced the exemption of six companies from the restriction on milk and dairy products importation.

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The apex bank said that the exempted companies had started investments in…



Source: Nigerian Tribune