News Formal

Despite Ban, Nigerian Government Secretly Permits Four Companies To Import Maize | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Despite Ban, NigeriaGov Secretly Permits Four Companies To Import Maize | Sahara Reporters CustomsNG chifarmsnigeria WACOTLimited

Despite announcing ban on maize importation, the Nigerian Government has given approval to four companies to secretly import 262,000 tons of maize.Comptoller-General of Nigeria Customs Service, Hamid Ali

“As part of efforts by the Central Bank of Nigeria to increase local production, stimulate a rapid economic recovery, safeguard rural livelihoods and increase jobs, which were lost as a result of the ongoing COVID-19 pandemic, authorised dealers are hereby directed to discontinue the processing of 'Form M' for the importation of maize/corn with immediate effect,” O.S Nnaji, CBN’s Director in charge of Trade and Exchange Department, said in a circular seen by SaharaReporters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BREAKING: Again, Nigerian Government Raises Petrol Pump Price | Sahara ReportersThis new development was contained in a memo released by the Pipelines and Product Marketing Company and signed by D.O Abalaka.
Source: SaharaReporters - 🏆 9. / 63 Read more »