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Buhari Instructs CBN to Stop Providing Money for The Importation of Food

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Buhari Instructs CBN to Stop Providing Money for The Importation of Food by : 11:23 am On August 14, 2019

President Muhammadu Buhari has instructed the Central Bank of Nigeria (CBN) to stop providing money for the importation of food into the country.

Muhammadu Buhari
Muhammadu Buhari

He gave a reason saying that we have achieved food security in Nigeria. As a result, nobody should import food again from foreign countries.

He explained that the foreign reserve would be used for diversification of the economy.
Read Also: Current Dollar to Naira Exchange Rates for 2019 (CBN and Black Market Rates)
What do you think about this? Has Nigeria truly achieved food security?

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