Buhari orders CBN to blacklist firms importing palm oil, 42 other items


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

The Central Bank governor, Godwin Emefiele disclosed this on Friday in Abuja during a meeting with oil palm producers.

Emefiele said the presidential directive mandate 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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