Don’t give money for food importation - Buhari orders CBN

Don’t give money for food importation - Buhari orders CBN
Join @Naijakit On Telegram For Instant Updates (Click Here)

OVERVIEW OF: Don’t give money for food importation - Buhari orders CBN

Dont Give Money For Food Importation Buhari Orders Cbn

President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) not to give any money for food importation.

The Nigerian leader promised that his administration will keep a keen eye on food inflation in 2021.

Buhari spoke at the fifth regular meeting with the Presidential Economic Advisory Council held on Tuesday at the State House in Abuja.

“The CBN must not give money to import food. Already about seven states are producing all the rice we need. We must eat what we produce”, he said.

Buhari wondered where the country would have found itself by now in view of the devastating economic crisis brought about by COVID-19 if the country had not embraced agriculture.

He lamented the dependence on petrol at the expense of agriculture.

The President observed that the oil industry is currently in turmoil.

“We are being squeezed to produce at 1.5 million barrels a day as against a capacity to produce 2.3 million. At the same time, the technical cost of our production per barrel is high, compared to the Middle East production,” he said.

Buhari emphasized the place of agriculture in the efforts to restore the economy but agreed that measures must be put in place to curtail inflation in the country:

He said the government will continue to encourage the people to go back to the land.


Naijakit creates content to benefit users and artists alike. We do this by showing data in an easy-to-digest format.

We help artists track their progress, promote songs and reach their target audience.

We have permission from the artists to display most of our content, where we do not request permission, Naijakit use content under fair use for purposes such as criticism, comment, news reporting, promotion, and research.

Please do not hesitate to contact us, If Naijakit has infringed on your copyright or the copyright of someone you represent, and you want your media files and lyrics to be removed from Naijakit database.

Naijakit will respond to “any and all take-down requests” that comply with the requirements of the Digital Millennium Copyright Act (DMCA), and other applicable intellectual property laws.

Where we get songs to upload?

Naijakit have an upload form on the site, where users have to be registered

to upload song. Admin look at the song and decide if to approve it or not after some checks.

We also receive songs from artists representatives, artists, bloggers asking us to promote songs on our site.

Naijakit TV


Write a Comment


*NOTE:* You Need To Provide a Valid Phone Number Incase we want to reach you back. or you want us to contact you back.. Via your comment.. Thanks, Your Comment is important to us!