Why we stopped forex for food import — Buhari

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By Johnbosco Agbakwuru

Abuja —President Muhammadu Buhari has said the directive to the Central Bank of Nigeria, CBN, to stop providing foreign exchange for food importation was to improve agricultural production and attain full food security.

Buhari-sanmo-olu, forex
L-R: Lagos State Governor, Mr. Babajide Sanwo-Olu; Chairman, Progressives Governors Forum and Kebbi State Governor, Alhaji Atiku Bagudu; Chairman, Nigeria Governors’ Forum and Ekiti State Governor, Dr. Kayode Fayemi President Muhammadu Buhari; Katsina State Governor, Alhaji Aminu Masari; Deputy President of the Senate, Senator Ovie Omo-Agege; Governor Nasir El-Rufai of Kaduna State and Governor Godwin Obaseki of Edo State during the Governors’ visit to the President in Daura, Katsina, on Tuesday, August 13, 2019.

The president also said he would use his second term in office to improve the lives of Nigerians by paying close attention to the poor and those on the lower rung of the society.

Malam Garba Shehu, the president’s spokesman…



Source: Vanguard Newspaper