The Senate President, Senator Bukola Saraki, on Saturday, ruled out the possibility of reversing the policy of the Central Bank of Nigeria, which excludes some imported goods and services from the list of items that can benefit from the Nigerian Foreign Exchange Market.

Saraki, according to a statement by his Chief Press Secretary, Mr. Sanni Onogu, stated this while hosting the Tomato Sub-Sectoral Group of the Manufacturers Association of Nigeria, whose members visited him.

The tomato paste producers had sought Saraki’s intervention to lift the exemption by the CBN on certain imported goods.

But Saraki said based on the present economic realities, difficult decisions should be taken to overcome the challenges.

The Senate President said, “It is high time we started telling ourselves the home truth as a nation. We are where we are because of our refusal to take hard decisions.

“As a country, we have to chart a new way different from the past, and that path is going into manufacturing as we cannot continue to remain an import dependent country.”

He challenged the tomato paste producers to focus more on how to be full-fledged manufacturers of the product using local raw materials.

Saraki also expressed surprise that in spite of the high level of local cultivation of tomatoes, the producers were still importing the Triple Concentrate used in the production of the product, which, he said, could be produced locally by raising the production level of tomatoes in the country.

http://www.punchng.com/cbn-forex-policy-irreversible-saraki/

Nice one mr saraki, at least we can manufacture tomato paste within the country.

then you guys should make the country investors friendly, cost of governance alone in this country is enough to cast as budget for some other countries.

tanteta:
space booked

Lols

Kingsolex1:

Lols

Let us eat banga. I dey take am chop rice.

Just give us steady power supply, other things shall be added

Do we mean that as at 2016, we are still importing tooth picks and concentrates of whatever type? Shame!

orisa37:
Do we mean that as at 2016, we are still importing tooth picks and concentrates of whatever type? Shame!

U can imagine the state of Nigeria toothpick aru.

citizenY:



Let us eat banga. I dey take am chop rice.

you sabi better thing na watin make I marry chocolateme be that she sabi cook am. Choco baby my love.

This is the Corruption we all want the 3tiers of Government to stop. The undue malpractice of laundering Nigeria s fortune away, Government should stop it.

Kingsolex1:


you sabi better thing na watin make I marry chocolateme be that she sabi cook am. Choco baby my love.

honey pie. Na only becauseof food u wan marry me?

chocolateme:
honey pie. Na only becauseof food u wan marry me?

no my love na one of the qualities wey I admire in u many gals like ladyf and introvert no get am.
choco baby u dey do me pauli Pauli.

Kingsolex1:

no my love na one of the qualities wey I admire in u many gals like ladyf and introvert no get am.
choco baby u dey do me pauli Pauli.

After trying to mail me many times and I keep bouncing you. Kwantinue

INTROVERT:





After trying to mail me many times and I keep bouncing you. Kwantinue

today is Sunday I believe u are joking lols, but if u are confident about me sending u PM's and u blocking ma Monica what more can I say....... just remember "thou shall not lie" happy Sunday!!

Okay...

Cc: lalasticlala, dominique

End time Senate President

We will survive

Bigprozzie:
IPOB go die tonight

Their adopted corrupt son is stabbing them in the back

This your IPOB delusion is getting serious

You may need #CommonSense

Naija I dey hail o.

When the Bureau de change pple were running to their villages to vote shouting "sai Buhari", they didn't know it would be like this. Now they are Importing Forex from Ghana.

Dollars got to N307 against the naira last week.

We just dey look o.

Ok

Kwantinu

Ex Senate President in Advance

hmnnnnnnn!!
saraki forming holier than thou!
so oooooooo oooooooo oooooooo..

GUY,THIS EYE SERVICE WONT HELP YOU..

GO AND ANSWER UR CRIME AT CCT

SHIKENAN

Hmmmmmm is dis the change we voted for

hmnnnnnnn!! saraki wey get case for court! o ga oooooooo!!!!

Naijji:
Just give us steady power supply, other things shall be added

You are a genius. That's the only problem that if solved other good things will follow.

is saraki still the Senate president? CCT never dock am?

Gino from 40# in PH now 80#.

If dem no sabi process tomato for Naija make dem start to de use palm oil for banga soup.