FG spent $1.68bn on food imports in nine months – CBN

The Central Bank of Nigeria disclosed this in a report on sectoral utilisation of foreign exchange for the third quarter of 2021.

The report revealed that $184.69m, 188.88m and 271.59m were spent in July, August and September, respectively. “We need to get to a stage where we bring our manufacturing industries back to life again. For us to say that there is sustainable, inclusive growth in the country, we, as banks, working with government must do everything possible to diversify the Nigerian economy.

See e face like import

Who Dey chop the food ?

Was the federal government buying this food and distributed same to all the household across the country or what? Mr. CBN explain it. In your time you have really disappoint us.

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Who them import the food for?

Hello ga na wetin dey buy ? Give us list

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