No cent should go into food import, Buhari tells CBN

By AdvocateNews on 14/08/2019

Share on facebook Yahoo mail icon Gmail icon

Views: 513


President Muhammadu Buhari Tuesday in Daura, Katsina state, disclosed that he has directed the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the country, with the steady improvement in agricultural production, and attainment of full food security.

 

The president, who hosted All Progressives Congress (APC) governors to Eid-el-Kabir lunch at his country home in Daura, said the foreign reserve would be conserved and utilized strictly for diversification of the economy, and not for encouraging more dependence on foreign food import bills.

“Don’t give a cent to anybody to import food into the country,’’ he said.

He said some states like Kebbi, Ogun, Lagos, Jigawa, Ebonyi and Kano had already taken advantage of the federal fovernment’s policy on agriculture with huge returns in rice farming, urging more states to plug into the ongoing revolution to feed the nation.

“We have achieved food security, and for physical security we are not doing badly,’’ he said.

The president said he was particularly delighted that young Nigerians, including graduates, had started exploring agric-business and entrepreneurship, with many posting testimonies of good returns on their investments.

He said the incoming ministers would be “taught’’ and thoroughly guided to ensure they meet the targets of the APC-led government for the people, with regular monitoring of their performances and scaling up of targets by the Office of the Secretary to the Government of the Federation (OSGF).

The president assured that he would attend the Presidential Policy Retreat organized for the ministers by the OSFG, and insisted on compliance with laid down targets on key sectors of the economy that will directly impact on the livelihood of Nigerians.

In his remarks, the chairman of the Nigeria Governors’ Forum (NGF) and governor of Ekiti state, Dr John Kayode Fayemi, said the President’s sense of justice, fairness and forthrightness had turned a major inspiration to governors on the way forward for the country.

He said the challenges faced by states “were enormous,’’ but the governors had remained undaunted, assuring the President of strong support and “the very best effort’’ to overcome all the obstacles.

The chairman of the Progressive Governors Forum and Governor of Kebbi State, Alhaji Atiku Bagudu, appreciated the President for the unique leadership style of maintaining a healthy relationship with governors on individual and collective basis, pointing out that they had been “energized’’ to do more in their states.

The governor commended the president for making bold and courageous efforts to reposition the economy for majority of Nigerians through inclusive policies.

“The country is more secure than in 2015, and the country is more prosperous than in 2015 because you are working for the majority of the people,’’ he said.

The governor said the party had been repositioned, after the 2019 elections, to work for the benefit of the majority of Nigerians, noting that “there will be two elections this year and we need to work towards winning the two states.’’

Posted 14/08/2019 12:56:35 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Enugu govt approves N2.5bn for construction, renovation of...

WAEC presents attestation certificate to Buhari

Protests trail APGA Rep primaries in Anambra

Banker arraigned by EFCC for Stealing Customers N700...

Illicit financial flows: Buhari calls for stringent action...

Defection: God will continue to fish out bad...

Nigerian govt refutes rumour its medical outreach programme...

Enugu govt moves to exploit world’s oldest iron...

My VP role won’t conflict with Gov. Obiano,...

Pres. Buhari assures Nigerians on security

Ekweremadu arrives Abuja to a rousing welcome

Finance Minister: Adeosun applied for exemption certificate –...

 

Latest News Soludo, Salami join Buhari’s Economic Advisory Council NSCDC arrests 3 for vandalising NNPC pipeline, other facilities in Enugu Ugwuanyi inaugurates 8.8km Eha Amufu-Nkalagu road Obasanjo calls for AU Sanction against South Africa Ebonyi Governor to appoint additional 800 new Aides Man’s penis ‘dies’ after handshake with suspected ritualist in Enugu Air Peace to evacuate more 319 Nigerians from South Africa 12 properties of NFF officials seized by ICPC Bishop Kukah to speak on security, economy at GOCOP annual conference External reserves lowest in six months, at $42.84bn Full report of tribunal ruling that gave Buhari victory over Atiku, PDP Bandits kill six persons in Kaduna

 

Most Read Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (14,138 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (13,902 views) ASUU strike: Senate intervention ends in deadlock (13,115 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (12,092 views) Sickle cell support group seeks lgovernment intervention (11,161 views) Ebonyi bans embalming of corpses in homes (10,908 views) All you need to know about Peter Obi, PDP VP Candidate (10,875 views) Israel serves quit notice to African illegal migrants (10,609 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (9,918 views) The Big Kick-off: World greatest sports fiesta begins in Russia (9,632 views) England beat Spain to win U17 World Cup final (9,491 views) NAFDAC eases processes, cost of registering products for MSMEs (9,484 views)

 

SECTIONS NEWS (1,652) EDITORIAL (8) POLITICS (432) SOCIETY (111) SPORTS (22) BUSINESS (277) HEALTH (17) EDUCATION (24) INTERNATIONAL (37) ENTERTAINMENT (12) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (0) OPINION (13)

 

 

Julius Agwu - Crazy Interview Demands