President Muhammadu Buhari says the directive to the Central Bank of Nigeria to stop providing foreign exchange for food importation was to improve agricultural production and attain full food security.

Malam Garba Shehu, the President’s spokesman in a statement, said Buhari stated this when he hosted All Progressives Congress (APC) governors to Eid-el-Kabir lunch at his country home in Daura, Katsina state on Tuesday.

According to the president, the foreign reserve will be used strictly for diversification of the economy and not for encouraging more dependence on foreign food.

“Don’t give a cent to anybody to import food into the country,’’ he said.

The President noted that some states like Kebbi, Ogun, Lagos, Jigawa, Ebonyi and Kano had taken advantage of the Federal Government’s policy on agriculture with huge returns in rice farming.

He, therefore, urged more states to plug into the ongoing revolution to feed the nation.

“We have achieved food security, and for physical security we are not doing badly,’’ he said.

Buhari said he was particularly delighted that young Nigerians, including graduates, had started exploring agric-business and entrepreneurship, with many posting testimonies of good returns on their investments, Igbere TV reports.

He said the incoming ministers would be guided to meet the targets of the APC-led government for the people.

The president added that regular monitoring of their performances and scaling up of targets would be done by the Office of the Secretary to the Government of the Federation.

Buhari gave the assurance of attending the Presidential Policy Retreat organized for the ministers by the OSFG.

He insisted on compliance with laid down targets on key sectors of the economy that would directly impact on the livelihood of Nigerians.

In his remarks, the Chairman of the Nigerian Governors’ Forum, Gov. Kayode Fayemi of Ekiti, said the President’s sense of justice and fairness had been inspiring to governors.

He said the challenges faced by states “were enormous”, but the governors had remained undaunted, assuring the President of strong support and “the very best effort” to overcome the obstacles.

The Chairman of the Progressive Governors Forum, Gov. Atiku Bagudu of Kebbi, appreciated the President for the unique leadership style of maintaining a healthy relationship with governors on individual and collective basis.

He stressed that they had been “energized’’ to do more in their states.

The governor commended the President for making bold and courageous efforts to reposition the economy for majority of Nigerians through inclusive policies.

“The country is more secure than in 2015, and the country is more prosperous than in 2015 because you are working for the majority of the people,” he added.

Bagudu said the party had been repositioned, after the 2019 elections, to work for the benefit of the majority of Nigerians, noting that “there will two elections this year and we need to work towards winning the two states.”

Source; http://igberetvnews.com/900027/just-in-why-i-ordered-cbn-to-stop-forex-for-food-import-president-buhari/

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You have no constitutional rights to order CBN on what to do. This terrorist need to know his limit.

Will Rwanda, Ghana or South Africa allow such an illiterate to be their President? Only in Nigeria Aboki wey no go school go wan be president. Very shameful

That was how you ban forex on 42 items when you came into office and plunged Nigeria into depression.

Now you want to ban forex on food and milk, then give people going to mecca excess dollar. Then give criminals billion dollars for importing fuel.

Nigerians time don reach

Why blocking a way when you have not created new ones.

Same policy that led us into recession...

No need insulting the ignorant ... this guy is just plain daft and will die empty brained.
Refusal to learn is his biggest short coming.

nototribalist:
That was how you ban forex on 42 items when you came into office and plunged Nigeria into depression.

Now you want to ban forex on food and milk, then give people going to mecca excess dollar. Then give criminals billion dollars for importing fuel.

Nigerians time don reach

Depression bawo

no more cattle import which are the ulterior motive

helinues:


Depression bawo

It means gloominess,you know, something like being frustrated.....

I know you didn't attend school

GMbuharii:

It means gloominess,you know, something like being frustrated.....

I know you didn't attend school

Stop yarning opata.. He was supposed to write recession..

Nobody is above mistakes Oga instead of trying to be half clever

helinues:


Stop yarning opata.. He was supposed to write recession..

Nobody is above mistakes Oga instead of trying to be half clever

sorry you didn't get the guy drift, depression is now the order of the day on today's youths, you can see the cases of suicides here and there.

Why this man is like this God save us from this Cow

We are not allowed to import food with our own money “subsidised rate” but the government is using the national treasury to import grass for cows that the masses will not benefit anything from apart from massacre..

Nigerians: behold your good for nothing terrorist dullard!!

Quote me anywhere, Nigeria is in auto reverse. We don't have a president. We only have someone who bears the name.

This man sure don’t know anything about Foreign Exchange! We are in trouble in Nigeria. God save this country

God bless His Excellence, President Mohammadu Buhari (GCFR)

Look at him.Americans made sure they were totally secured before putting a high tariff and strict restrictions on food importation by becoming fully reliant on that area.china followed,russia followed,the united kingdom adopted same.
Please mister president,have you made any serious provisions for the populace? If not call off that shit now.
he want to form a working president..
S.M.Head.

Buhari is doing this with good intention but he need good advisor to know what is really best for Nigeria

nototribalist:
You have no constitutional rights to order CBN on what to do. This terrorist need to know his limit

I think you could have passed your message meaningfully without having to call him a terrorist
Just saying though

Timatayo1:
Why this man is like this God save us from this Cow

You can't wait till 2023.

That's 100% certain!

Progressive president

Buhari. You can't order CBN. That's how you order EFCC, ICPC, POLICE AND ARMY to ignore bokoharam and fulani bandits.

helinues:


Stop yarning opata.. He was supposed to write recession..

Nobody is above mistakes Oga instead of trying to be half clever

Oga if you dont understand people just shut up!!!!!.....instead of disgracing yourself upandan

In as much as I want the CBN to stop providing funds for food importation and invest it in the real sector, The President should note that there is scarcity of food base on the current demand and supply which our current farmers cannot meetup with. Furthermore, i advise the president to leave his sycophant aids and friends and face the realities on ground.

Truly is not buhari dat is ruling

abumoney:
Quote me anywhere, Nigeria is in auto reverse. We don't have a president. We only have someone who bears the name.

False!

nototribalist:
You have no constitutional rights to order CBN on what to do. This terrorist need to know his limit

You must be an illiterate to say this.

Is the CBN not under the presidency?

nototribalist:
You have no constitutional rights to order CBN on what to do. This terrorist need to know his limit

If the president does not, who then?