Buhari Tells Central Bank Not To Fund Food Imports

President Muhammadu Buhari says the directive to the Central Bank of Nigeria to stop providing foreign exchange for food importation aims to improve agricultural production and attain full food security. According to Buhari, the foreign reserve will be used strictly for diversification of the economy and not for encouraging more dependence on foreign food.

President Muhammadu Buhari tells central bank not to fund food imports.

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