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Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBuhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support (391 Views)

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Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Biodun556(op): 8:54pm On Jul 17, 2019
Buhari directs CBN to blacklist firms importing palm oil, 42 other items. Punch news


President Muhammadu Buhari has directed 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 Presidential directive was disclosed by the CBN Governor, Mr. Godwin Emefiele on Friday in Abuja during a meeting with oil palm producers.
Emefiele also said 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.

He disclosed that close to about N30 billion had already been disbursed to those currently involved in oil palm farming.
The apex bank governor said that for those coming newly into the oil business, credit facilities would be extended to them through their banks and that Out-Grower schemes would also be organised.
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by amosmosco(m): 8:56pm On Jul 17, 2019
If this news is true then it's a welcome development
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Seetto: 8:58pm On Jul 17, 2019
Buhari means well for the nation,

Only children of hate don't want to accept..

God bless PMB
God bless Nigeria .
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by alizma: 9:05pm On Jul 17, 2019
Good one
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Optional09: 9:06pm On Jul 17, 2019
who are the farmers getting this money
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Nobody: 9:08pm On Jul 17, 2019
Story story
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Herdsmenson: 9:08pm On Jul 17, 2019
Optional09:
who are the farmers getting this money
90% of the money will be shared between themselves.

The remaining 10% will be shared among Fulani farmers even though they don't grow palm product.
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Elukapendragon(m): 9:09pm On Jul 17, 2019
I bet a southerner won't be aware of this money






Hmm
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Herdsmenson: 9:09pm On Jul 17, 2019
BlacSmit:
Story story
cheesy story
Re: Buhari Stopped Importation Of Palm Oil, Farmers Get 30 Billion Naira Support by Elukapendragon(m): 9:09pm On Jul 17, 2019
I bet a southerner won't be aware of this money






Hmm
1 Reply

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