Daily Trust

FG: No restrictio­n on agric product importatio­n

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The Presidency has described as untrue the Financial Times report suggesting that Nigeria has placed restrictio­ns on importatio­n of agricultur­al products into the country.

However, Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, in a letter addressed to the Editor of the Financial Times and made available to newsmen in Abuja on Sunday, dismissed the content of the article, describing it as incorrect.

According to the presidenti­al aide, there is no ban or restrictio­n placed on the importatio­n of agricultur­al products into the country as being insinuated in the report.

He maintained that the Buhari administra­tion had consistent­ly worked towards strengthen­ing Nigeria’s own industrial and agricultur­al base.

The statement read in parts: “Sir -Your article‘Muhammadu Buhari sparks dismay over policy shift on food imports’ (Aug. 15) suggests the Nigerian Government is restrictin­g the import of agricultur­al products into the country. 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 topheavy 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.

“We look forward to the next instalment of M. Munshi’s bizarre and puzzling article series,” he said. (NAN)

 ??  ?? Governor Aminu Bello Masari of Katsina State (6th right), his Deputy Alhaji Mannir Yakubu (5th right) with other government officials during the funeral prayer for late Alhaji Sale Danja, at Danja Town in Katsina State yesterday
Governor Aminu Bello Masari of Katsina State (6th right), his Deputy Alhaji Mannir Yakubu (5th right) with other government officials during the funeral prayer for late Alhaji Sale Danja, at Danja Town in Katsina State yesterday

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