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Importation Restrictions - Romance - Nairaland

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Importation Restrictions by Vavana(f): 5:11pm On Feb 10, 2016
Specifically, the following goods have been restricted by CBN for foreign exchange transaction. The CBN importation restricted products are;

1.       Rice
2.      Cement
3.      Margarine
4.      Palm kernel/Palm oil products/vegetables oils
5.      Meat and processed meat products
6.      Vegetables and processed vegetable products
7.      Poultry chicken, eggs, turkey
8.     Private airplanes/jets
9.      Indian incense
10.  Tinned fish in sauce (Geisha)/sardines
11.   Cold rolled steel sheets
12.  Galvanized steel sheets
13.  Roofing sheets
14.  Wheelbarrows
15.  Head pans
16.  Metal boxes and containers
17.   Enamelware
18.  Steel drums
19.  Steel pipes
20. Wire rods (deformed and not deformed)
21.  Iron rods and reinforcing bard
22. Wire mesh
23. Steel nails
24. Security and razor wine
25. Wood particle boards and panels
26. Wood Fibre Boards and Panels
27.  Plywood boards and panels
28. Wooden doors
29. Toothpicks
30. Glass and Glassware
31.  Kitchen utensils
32. Tableware
33. Tiles-vitrified and ceramic
34. Textiles
35. Woven fabrics
36. Clothes
37.  Plastic and rubber products, polypropylene granules, cellophane wrappers
38. Soap and cosmetics
39. Tomatoes/tomato pastes
40. Eurobond/foreign currency bond/ share purchases.

Kindly share your view.
Thanks

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Re: Importation Restrictions by Nobody: 5:13pm On Feb 10, 2016
Atleast they should import heavy machines that can produce all d listed above undecided


Number 40 is strictly for d department or office of debt managment to handle undecided

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Re: Importation Restrictions by Strahovski1(m): 5:19pm On Feb 10, 2016
How many of those items are manufactured locally? Yet they are restricting them.

Nigeria is not ripe for these restrictions otherwise... lipsrsealed

The economic direction is really poor.
Re: Importation Restrictions by 2sex(m): 6:24pm On Feb 10, 2016
Strahovski1:
How many of those items are manufactured locally? Yet they are restricting them.

Nigeria is not ripe for these restrictions otherwise... lipsrsealed

The economic direction is really poor.
that is the sole aim of the ban... to produce them locally

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