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Nairaland Forum / Nairaland / General / Business / List Of 41 Imported Items CBN Ban From Forex (76509 Views)
FG Lifts Ban On 41 Imported Items / CBN Suspends 19 Banks From Forex Sale To BDCs / List Of 41 Imported Items CBN Ban From Forex (2) (3) (4)
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List Of 41 Imported Items CBN Ban From Forex by Realdeals(m): 9:39am On Aug 12, 2015 |
The Central Bank of Nigeria (CBN) recently issue a directive stopping some imported goods and services from the list of items valid for forex in the Nigerian Foreign Exchange Markets. This policy implies is that, those who import these items can no longer buy foreign currency from the official window to pay the overseas suppliers. Rather, they will have to source forex from the parallel market or Bureau De Change to pay for their imports. The items include the following: Rice Cement Margarine Palm kernel/Palm oil products/vegetables oils Meat and processed meat products Vegetables and processed vegetable products Poultry chicken, eggs, turkey Private airplanes/jets Indian incense Tinned fish in sauce(Geisha)/sardines Cold rolled steel sheets Galvanized steel sheets Roofing sheets Wheelbarrows Head pans Metal boxes and containers Enamelware Steel drums Steel pipes Wire rods(deformed and not deformed) Iron rods and reinforcing bard Wire mesh Steel nails Security and razor wine Wood particle boards and panels Wood Fibre Boards and Panels Plywood boards and panels Wooden doors Toothpicks Glass and Glassware Kitchen utensils Tableware Tiles-vitrified and ceramic Textiles Woven fabrics Clothes Plastic and rubber products, polypropylene granules , cellophane wrappers Soap and cosmetics Tomatoes/tomato pastes Eurobond/foreign currency bond/ share purchases It is important to emphasize that the importation of these items are not prohibited or banned. It only means that importers of these items are no longer qualified to get foreign exchange from the CBN or the official market to buy these items from overseas. http://www.newsheadlines.com.ng/latest-business/2015/08/12/list-of-40-imported-items-cbn-ban-from-forex/ 15 Likes 12 Shares |
Re: List Of 41 Imported Items CBN Ban From Forex by insure1: 9:51am On Aug 12, 2015 |
Considering its ripple effect on the economy, I'd say well done and weldone! By the way, I don't know if lalasticlala would think this informative enough for importers on the frontpage but I dedicate this space to users of this pure definition of a stylish aura... Lalique! Check my signature 18 Likes 4 Shares
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Re: List Of 41 Imported Items CBN Ban From Forex by ITSAWRAPP: 10:07am On Aug 12, 2015 |
Thank you for sharing Fellow Nairalanders, please check out our incredible offer below 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by Nobody: 10:08am On Aug 12, 2015 |
Am sure the only thing we dont import in Nigeria is citizenship. Our politicians, profs, royal fathers are all imported. So its not surprising we are importing meat, fish, tootpick, even peppe and tomatoes.... Meanwhile the poster above me stole my portion, meet me in the supreme court, im suing you for unlawful possession 36 Likes 3 Shares |
Re: List Of 41 Imported Items CBN Ban From Forex by miqos02(m): 10:08am On Aug 12, 2015 |
hmmmm |
Re: List Of 41 Imported Items CBN Ban From Forex by haryourdayG(m): 10:09am On Aug 12, 2015 |
Good move. |
Re: List Of 41 Imported Items CBN Ban From Forex by wunmi590(m): 10:10am On Aug 12, 2015 |
. |
Re: List Of 41 Imported Items CBN Ban From Forex by kenedy175(m): 10:10am On Aug 12, 2015 |
It's alright |
Re: List Of 41 Imported Items CBN Ban From Forex by Mistermamus(m): 10:10am On Aug 12, 2015 |
diz country sef na everything dem must import Nigerians sef 6 Likes |
Re: List Of 41 Imported Items CBN Ban From Forex by ammyluv2002(f): 10:10am On Aug 12, 2015 |
Nawa o . God help us 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by shilexholly(m): 10:10am On Aug 12, 2015 |
Beta 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by kenedy175(m): 10:11am On Aug 12, 2015 |
Re: List Of 41 Imported Items CBN Ban From Forex by tosign4real(m): 10:11am On Aug 12, 2015 |
Ok |
Re: List Of 41 Imported Items CBN Ban From Forex by ibkgab001: 10:11am On Aug 12, 2015 |
Ruler, pencil , crayon and imagine plates Bottled water .... Pawn crackers 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by Unekz(m): 10:12am On Aug 12, 2015 |
toothpick
holy shit |
Re: List Of 41 Imported Items CBN Ban From Forex by chesterlee(m): 10:12am On Aug 12, 2015 |
Buhari wants to destroy this country! 2 Likes |
Re: List Of 41 Imported Items CBN Ban From Forex by JeffreyJamez(m): 10:12am On Aug 12, 2015 |
Them dey import Vegetables again!!!! 6 Likes |
Re: List Of 41 Imported Items CBN Ban From Forex by Opinedecandid(m): 10:12am On Aug 12, 2015 |
It's okay. 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by Nobody: 10:12am On Aug 12, 2015 |
Great The following must be added: 1. Importation of Bibles 2. Importation of Korans 3. Importation of foreign condoms 4. Importation of foreign wrist-watches 5. Importation of Sim cards 6. Importation of foreign online blogs 7. Importation of mexican, indian and american soaps 8. Importation of foreign consultants 9. Importation of petroleum products 10.Importation of labels for tinned products Sai Buhari 13 Likes 2 Shares |
Re: List Of 41 Imported Items CBN Ban From Forex by Tunami(m): 10:12am On Aug 12, 2015 |
hmm, we are even importing common tootpick, how will the naira have value when we import nearly 90percent of what we use in our day to day activities. 1 Like 1 Share |
Re: List Of 41 Imported Items CBN Ban From Forex by ForcefullBULL: 10:12am On Aug 12, 2015 |
correct |
Re: List Of 41 Imported Items CBN Ban From Forex by ArmaniUhuru: 10:12am On Aug 12, 2015 |
Why are people shouting welcome development? Do they know the implication of this policy to the common man? So Naija still dey import toothpicks, wooden doors when we dey produce timber. Oyel money don really cause laziness. 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by Nobody: 10:12am On Aug 12, 2015 |
To avoid rushing into conclusions, what is the aim? Does it increase the value of Naira? 4 Likes |
Re: List Of 41 Imported Items CBN Ban From Forex by owochepo: 10:12am On Aug 12, 2015 |
Hmm mm. The change is really taking effect!! |
Re: List Of 41 Imported Items CBN Ban From Forex by anonimi: 10:12am On Aug 12, 2015 |
Good move but should be COMPLEMENTED with very high import duty tariff to aggressively promote local production and create EMPLOYMENT. 11 Likes 3 Shares |
Re: List Of 41 Imported Items CBN Ban From Forex by DaGC(m): 10:12am On Aug 12, 2015 |
'steel nails' Abi plastic nails dey before |
Re: List Of 41 Imported Items CBN Ban From Forex by vickylala239: 10:12am On Aug 12, 2015 |
Mke I ask Zimbabwean soldier Weda we So still import. 1 Like 1 Share
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Re: List Of 41 Imported Items CBN Ban From Forex by adesegun121(m): 10:12am On Aug 12, 2015 |
Ok |
Re: List Of 41 Imported Items CBN Ban From Forex by kwaraguy(m): 10:12am On Aug 12, 2015 |
Lemme check the list Modified: Let an economist explain the implication maybe it's positive or negative |
Re: List Of 41 Imported Items CBN Ban From Forex by bolseas(f): 10:13am On Aug 12, 2015 |
Welcome development.... 1 Like |
Re: List Of 41 Imported Items CBN Ban From Forex by Thelogician: 10:13am On Aug 12, 2015 |
na them sabi.m.. |
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