Nigerian president ordered halt to foreign exchange for food -statement
- Country:
- Nigeria
Nigeria's President Muhammadu Buhari has told the central bank to stop providing foreign exchange for food imports, his spokesman said in a statement on Tuesday.
"The foreign reserve will be conserved and utilised strictly for diversification of the economy, and not for encouraging more dependence on foreign food import bills," the statement said.
A central bank spokesman did not immediately respond to phone calls and text messages seeking comment.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Muhammadu Buhari
- central bank
- Nigeria
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