CBN confirms plans to restrict forex for milk importation | Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. f

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JUST IN: CBN confirms plans to restrict forex for milk importation

Godwin Emefiele,  governor of the Central Bank of Nigeria, has confirmed that the bank will restrict forex for the importation of milk.

Emefiele made this known on Tuesday while addressing journalists at the end of the two-day meeting of the monetary policy committee of the bank.


He said $1.2 billion to $1.5 billion is spent every year to import milk.

More to follow…





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