Praise as FG lifts ban on 41 imported items | Nigeria News Today. Your online Nigerian Newspaper f

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The National Association of Government Approved Freight Forwarders (NAGAFF) on Friday lauded the Federal Government’s plans to lift foreign exchange restriction on 41 imported items.

Mr Stanley Ezenga, the National Publicity Secretary of the association, gave the commendation in an interview with newsmen in Lagos.

The Federal Government had indicated its readiness to lift the forex ban it placed on some 41 items in 2015.

Finance Minister Kemi Adeosun, had in the 2017 Fiscal Policy Roadmap, said Federal Government “will replace administrative measures on list of 41 items with fiscal measures to reduce demand pressure in the parallel market. Ezenga said that the plan would boost importation activities at the nation’s ports.

He said that lifting of ban on the items would not solve the declining value of the naira, urging government to come up with a more result-oriented forex policy.

“The plan by the government to lift foreign exchange restriction on some 41 imported items is good news for import.

“We can now have more import activities at the ports and the various jobs lost to the restriction can now come back.

“However, the unbanning alone will not solve the problem of the naira. “Government should come with a more workable policy to boost value of the naira,“ Ezenga said.

He said that freight forwarders had lost 50 per cent jobs to the restriction, hoping that the lifting would address the situation.

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  1. Walahi talahi this govt is clueless

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    Replies
    1. How is this govt clueless in this regard? People just open their mouth and begin to talk rubbish. Must you always disgrace yourself in public?

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    2. The govt is very clueless was he in coma when he banned them.. The man is confused.. Anonymous 7:30 u appear to be the one that know no bound in disgracing ur stupid self

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  2. What kind of backwardness is really disturbing this nation? Any govt coming in will place a ban on some imported goods into the country & the next thing you know we are back to unnecessarily massive importation of same items. We really do have a problem of retrogression in this country due to bad policies & bad/evil people in high places.

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  3. Aboki journalist. What are the items?

    ReplyDelete
  4. Rubbish government. Looking for votes in 2019, after that you subject people to hardship again. Nonsence

    ReplyDelete
  5. Since they have achieved notin this is now their achievement.yeye ppl

    ReplyDelete
  6. What items. We need to know because this is undetailed

    ReplyDelete

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