Connect with us

News

Buhari’s Presidency Denies Ban On Food Importation Into The Country

Published

on

The Presidency denied on Sunday night that the President Muhammadu Buhari-led Federal Government has placed restrictions or outright ban on importation of food items into the country.

In a statement by the Senior Special Assistant to the President on Media and Publicity,  Garba Shehu, the Presidency said President Muhammadu Buhari’s recent disclosure that the Central Bank of Nigeria, CBN, has been asked to stop providing foreign exchange to food importers did not imply a ban on food importation by the government.

Shehu explained that importers could still source FOREX from non-governmental financial institutions and pay the relevant custom duties to government.

 The Presidency was reacting to a recent article published by the Financial Times, titled, ‘Muhammadu Buhari sparks dismay over policy shift on food imports’. It was published on August 15.

Responding to the publication as ‘Letter to the Editor,’ the Presidency stated: “Your article, ‘Muhammadu Buhari sparks dismay over policy shift on food imports (15 August)’, suggests the Nigerian Government is restricting the import of agricultural products into the country.

Advertisement

 “This is simply incorrect. To be absolutely clear, there is no ban – or restriction – on the importation of food items whatsoever.

“President Buhari has consistently worked towards strengthening Nigeria’s own industrial and agricultural base. A recent decision sees the Central Bank maintain its reserves to put to use helping growth of domestic industry in 41 product sectors rather than provide FOREX for the import of those products from overseas.

“Should importers of these items wish to source their FOREX from non-government financial institutions (and pay customs duty on those imports – increasing tax-take, something the FT has berated Nigeria for not achieving on many occasions), they are freely able to do so.

“Diversification of FOREX provision towards the private sector and away from top-heavy government control, a diversification of Nigeria’s industrial base, and an increase in tax receipts, are all policies one might expect the Financial Times to support.

“Yet for reasons not quite clear, the author and this newspaper seem to believe the President’s administration seeks to control everything – and yet do so via policies that relinquish government control.

Advertisement

“We look forward to the next installment of Mr (Neil) Munshi’s bizarre and puzzling article series”.

In its own article earlier, the Financial Times wrote that Buhari’s directive to the CBN could send food prices “skyrocketing”.

A part of the publication read: “President Muhammed Buhari this week ‘directed’ the central bank to cease providing dollars and other currencies to importers as part of his efforts to spur domestic agricultural production and attain ‘full food security’ for Africa’s most populous nation.

“But he drew withering criticism from Economists and Analysts who said the move threatened to send food prices skyrocketing and brought the central bank’s independence into question”.

Advertisement

News

FG declares wed, Thur, Jan 1, 2025 as public holidays

Published

on

Federal Government has declared Wednesday, December 25, 2024, Thursday December 26, 2024, and Wednesday January 1, 2025 as public holidays to celebrate Christmas, Boxing Day and New Year respectively.

The Minister of Interior, Dr. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government extended warm greetings to all Nigerians, urging them to use the festive period to reflect on the values of love, peace, and unity that the season signifies.

In a statement, Tunji-Ojo emphasised the importance of the season as a time to
foster harmony and strengthen bonds across families and communities.

The minister also called on Nigerians to remain committed to the peace, unity and progress of the nation for national development.

“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” Tunji-Ojo, said.

He assured citizens of the Federal Government’s continued commitment to ensuring peace, security, and prosperity across the nation.

While wishing Nigerians a merry Christmas and a prosperous 2025, the minister expressed his confidence in the Renewed Hope Agenda of President Tinubu’s Administration ushering in the new year, a better and prosperous economy that will be the envy of the world.

Continue Reading

News

Basketmouth slams filmmakers for failing to showcase Nigeria’s culture in movies

Published

on

Basketmouth

Popular comedian and filmmaker, Bright Okpocha, aka Basketmouth, has accused some of his colleagues of not showcasing Nigeria’s rich culture in their movies.

The movie star alleged that most of the epic movies released recently do not promote the country’s culture.

In an interview with Hip TV, Basketmouth claimed that the filmmakers wasted opportunities to showcase Nigeria’s culture positively.

He said, “I believe that we still have the opportunity to get it right. But we had a great opportunity to showcase our culture and most of the filmmakers blew it up. They just ruined that great chance because I see epic movies and they look like stage plays.

“When I was seeing most of the epic movies, I was disappointed.

“You guys blew up a great opportunity but let’s hope we still have another chance to strike at it.

“I’m sorry, only very few movies have impressed me so far. I believe that we can do more.”

Continue Reading

News

Gov Abiodun commiserates with Makinde, Soludo, Wike over stampede victims

Published

on

Abiodun

The chairman of the Southern Governors’ Forum, SGF, and Governor of Ogun State, Dapo Abiodun, has sympathised with the governments and people of Oyo, Anambra, and the Federal Capital Territory, FCT, over the tragic loss of lives resulting from recent stampedes at food palliative distribution venues in the affected areas.

The stampedes reportedly claimed the lives of approximately 65 Nigerians, while others sustained varying degrees of injury.

Abiodun expressed his sorrow in sympathy notes to Governor Seyi Makinde of Oyo State, Charles Soludo of Anambra State, and Nyesom Wike of the Federal Capital Territory, saying that the deaths of the victims were especially tragic because they were pursuing necessities for survival.

The SGF Chairman noted that the administration of President Bola Ahmed Tinubu, together with other levels of government, is still working to improve the living standards of the populace, despite the current economic difficulties they confront.

To prevent further tragedy, Abiodun urged all Nigerians to exercise caution and follow security procedures when attending palliative distribution events.

He said: “Deaths such as these diminish us as a people. These disasters occurred at a time when families around the world are in a festive and joyous mood. It is indeed tragic.

“I, on behalf of my family and the good people of Ogun State, commiserate with my brother governors, Seyi Makinde of Oyo State, Charles Soludo of Anambra State, and the FCT Minister, Nyesom Wike, the families of the victims, and all Nigerians on these unfortunate incidents.

“May the souls of the departed rest in peace.”

Continue Reading

Trending

Copyright © 2024 Naija Gatekeeper News