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Buhari gave directives to ban forex for imported food products. |
President Mohammadu Buhari has in a recent statement, said as long as he remains president, he'll make sure Nigeria becomes self-sufficient in food production. So why waste precious forex on products already produced in the country?
According to the CBN boss, there's actually nothing new about the recent bans since the Central Bank has previously placed bans on 41 items out of which majority are food items. He said the recent directive by the president is purely meant to strengthen the position of the CBN with regards to its policies, and to say that he believes in what the CBN has been doing since 2016.
But Nigerians are wary of moves made by the Buhari presidency who has been accused of not heeding to the plight of the masses.
In a recent facebook post shared on its Facebook page, the Nigerian Central Bank (CBN) quoted Emefiele's response on the President's ban directive.
But reacting to the post, Umar sarcastically says, "No need to waste it sir, most expecially now that all our Sillos are filled and people are not crying Hunger. Go ahead Sir, Nigeria has a vast land for cemetry, besides the Country is already populated and the era of needing mass votes has passed."