Former lawmaker, Shehu Sani says the directive given by President Muhammadu Buhari to the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the country, is a step in the right direction.
The lawmaker who represented Kaduna Central in the 8th Senate made the remark via his Twitter handle on Wednesday morning.
CRUSH 2019 OAU Post UTME, OAU Pre-Degree And OAU JUPEB @ Akahi Tutors, Ile-Ife. Call; 08038644328 or Click Here For Details
President Buhari on Tuesday, in Daura, his hometown when he hosted All Progressives Congress (APC) governors to Eid-el-Kabir lunch, said the foreign reserve will be used only for diversification of the economy, and not for encouraging more dependence on foreign food importations.
In the words of the president, “Don’t give a cent to anybody to import food into the country. ’’
“We have achieved food security, and for physical security, we are not doing badly,’’ he said.
According to Sani, this would help boost food production in the country, while also advocating that the financing of the agricultural sector be handed over to the Bank of Agriculture then go ahead to also protect farmers from kidnapping.
He tweeted, The presidential directive to the CBN to stop issuance of Forex for food importation is the right step forward. It will boost food production at home. Next is to hand over Agric financing to the Bank of Agriculture & not CBN & protect farmers from Kidnappers.
The President directive to the CBN to stop issuance of Forex for food importation is the right step https://t.co/zqGWuboHSm will boost food production at https://t.co/7AXfNzXELo is to hand over Agric financing to the Bank of Agriculture & not CBN & protect farmers from Kidnappers
— Senator Shehu Sani (@ShehuSani) August 14, 2019
The post Banning Forex For Importation Of Food Is a Step In The Right Direction — Shehu Sani appeared first on Information Nigeria.