Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Dont release money for food, fertiliser importation, Buhari orders CBN

Published by The Nation on Thu, 10 Sep 2020


By Bolaji Ogundele, AbujaPresident Muhmmadu Buhari has ordered the Central Bank of Nigeria (CBN) to withhold funding for importation of food items and fertilizer.The presidential order was issued on Thursday to CBN Governor Godwin Emiefile during the meeting of the National Food Security Council (NFSC) in Abuja.According to a statement by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, Buhari restated his earlier verbal directive to the apex bank, saying he would pass it down in writing that nobody importing food should be given money.The Federal Government had rolled out the Economic Sustainability Plan (ESP), the core of which is self-sustainability and massive job creation through agriculture.Emphasising the needs to boost local agriculture, the President said from only three operating in the country, we have 33 fertilizer blending plants now working. We will not pay a kobo of our foreign reserves to import fertilizer. We will empower local producers.Read Also:Buhari: corrupt middlemen behind rising food pricesBuhari also directed that blenders of fertilizer should convey products directly to State governments so as to skip the cartel of transporters undermining the efforts to successfully deliver the products to users at reasonable costs.The President advised private businesses bent on food importation to source their foreign exchange independently, saying use your money to compete with our farmers, instead of using foreign reserves to bring in compromised food items to divest the efforts of our farmers.We have a lot of able-bodied young people willing to work and agriculture is the answer. We have a lot to do to support our farmers, Buhari said.The meeting, chaired by the President with other key members of the Council in attendance, was briefed on the food security situation prevailing in the country.Vice Chairman of the council and Kebbi Governor Atiku Bagudu; Chief of Staff to the President, Prof. Ibrahim Gambari and a Governor from each of the six geo-political zonesJigawa, Plateau, Taraba, Ebonyi, Lagos and Kebbi, made presentations.
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs