The Presidency has described as untrue the Financial Times report suggesting that Nigeria has placed restrictions on importation of agricultural products into the country.

News Agency of Nigeria reports that the article, with the headline, ‘Muhammadu Buhari sparks dismay over policy on food imports,’ was published on August 15, alleging that the Buhari administration had placed embargo or restrictions on food imports.

However, the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a letter addressed to the Editor of the Financial Times and made available to newsmen in Abuja on Sunday, dismissed the content of the article, describing it as incorrect.

According to the presidential aide, there is no ban or restriction placed on the importation of agricultural products into the country, as being insinuated in the report.

He maintained that the Buhari administration had consistently worked towards strengthening Nigeria’s own industrial and agricultural base.

The statement reads in part: “Sir – Your article ‘Muhammadu Buhari sparks dismay over policy shift on food imports’ (Aug. 15) suggests the Nigerian Government is restricting the import of agricultural products into the country. This is simply incorrect.

“To be absolutely clear, there is no ban or restriction on the importation of food items whatsoever.

“President Buhari has consistently worked towards strengthening Nigeria’s own industrial and agricultural base. A recent decision sees the Central Bank maintain its reserves to put to use helping growth of domestic industry in 41 product sectors rather than provide FOREX for the import of those products from overseas.

“Should importers of these items wish to source their FOREX from non-government financial institutions (and pay customs duty on those imports – increasing tax-take, something the FT has berated Nigeria for not achieving on many occasions) they are freely able to do so.

“Diversification of FOREX provision towards the private sector and away from top-heavy government control, a diversification of Nigeria’s industrial base, and an increase in tax receipts – are all policies one might expect the Financial Times to support.

“Yet for reasons not quite clear, the author and this newspaper seem to believe the president’s administration seeks to control everything – and yet do so via policies that relinquish government control.

“We look forward to the next installment of M. Munshi’s bizarre and puzzling article series.” he said.

(NAN)
https://punchng.com/theres-no-ban-on-food-importation-fg-replies-financial-times/amp

Lalasticlala una don see FT again.

A recent decision sees the Central Bank maintain its reserves to put to use helping growth of domestic industry in 41 product sectors rather than provide FOREX for the import of those products from overseas.

“Should importers of these items wish to source their FOREX from non-government financial institutions, ..., they are freely able to do so.

As short as this report is, illiterates will still find it difficult to read as their d!cks are always in the waiting for onward masturbation at every news about Buhari especially the types that seemingly criticise his administration.

In clear terms, there is no ban on food importation, but no cent will be given to the importers of same at a reduced rate. The emboldened is what the president said, or words to that effect.

Watch out for jaundiced analyses from illiterates

Better..

We don't want story that touches

Simplyleo:

As short as this report is, illiterates will still find it difficult to read as their d!cks are always in the waiting for onward masturbation at every news about Buhari especially the types that seemingly criticise his administration.

In clear terms, there is no ban on food importation, but no cent will be given to the importers of same at a reduced rate. The emboldened is what the president said, or words to that effect.

Watch out for jaundiced analyses from illiterates

Loud speaker of the world, thank you

FG and denials

The issue has been whether the president has the power to issue such directives to the CBN in the first place.
we need strong and independent institutions in Nigeria and not a dictatorship kinda utterance in a democratic setting

They have realized they were being foolish

Buhari wey no go school, what do you guys expect from an illiterate.

Hahahahaha... Abeg if dis isn't d most useless and confused govt ever I don't know which is.. U talk today and deny tomoro...

nototribalist:
Buhari wey no go school, what do you guys expect from an illiterate.

..What have you achieved as an educated person?.. Buhari has been a governor, a minister, a retired army general, a president before, a president now,and many more achievement. No one in your entire generation has come close to these achievement.. Buhari doesn't even know you exist,but you know who he is either you like it or not..

nototribalist:
Buhari wey no go school, what do you guys expect from an illiterate.

..hh

OK. It's understandable!

Ok

No wahala

Reallllllllly?

How can i believe the FG?

Known chronic liars.

APC can even deny that they are the ones in power.

Okay.


For your competent home or private tutor for science based subjects in Yaba and environs please call 08087989046. I can also use Yaba College of Technology or University of Lagos if the need requires.

I doubt Garba Shehu even understands what the president said and the path this government wants to go in regards to importation.
According to Buhari, anything that can be grown in Nigeria,even if it can only cater for 10 people,ban
the importation,no matter the consequences.
If Nigeria is not self sufficient in it now,by the time it's importation is banned,in x years,we will,even if major irreparable harm would have been done in the process.
That's the kind of economic mindset of the present ruler of Nigeria.

Useless people. There's no ban on the newspaper but there's ban in real life

So who is now the liar, Buhari or FG


I am a professional website designer...check my signature

Hmmm

useless government....

Wait for those whose only ambition is to criticize.

sapientia:
How can i believe the FG?

Known chronic liars.

APC can even deny that they are the ones in power.

And by saying this Buhari would be troubled right?

simonlee:
The issue has been whether the president has the power to issue such directives to the CBN in the first place.
we need strong and independent institutions in Nigeria and not a dictatorship kinda utterance in a democratic setting

No he doesn't have the powers, you know you're the one that has the powers. Òdę