President Buhari has restated his directive to the Central Bank of Nigeria not to allocate foreign exchange to importers of food and fertiliser.
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Mr Buhari issued his latest directive at a meeting of the National Food Security Council at the State House, Abuja, on Thursday.
In a statement, Garba Shehu, Mr Buhari’s spokesperson, said the president ordered the Central Bank of Nigeria ”not to issue a kobo” of the country’s reserves for the importation of food items and fertilizer.
The president argued that doing so would give the food importers an advantage over local farmers and could affect local food and fertiliser production.