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Imported Palm Oil joins the list of growing banned commodities in Nigeria (June 2019)

Troll222
Business | Businesses
President Muhammadu Buhari, has directed the Central Bank of Nigeria, CBN, to blacklist any firm, its owner, and top management, caught smuggling or dumping any of the restricted 43 items into Nigeria.


The Presidential directive was disclosed by the CBN Governor, Godwin Emefiele, on Friday, in Abuja, during a meeting with Oil Palm Producers.
Emefiele also said that the Presidential directive mandated the Apex Bank, to expand and provide support to firms and individuals, that want to expand the production of ten different commodities in Nigeria.
The ten different products are rice, maize, cassava, tomatoes, cotton, oil palm, poultry, fish, livestock dairy, and cocoa.
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