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Farmers applaud CBN over ban on maize importation

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Farmers applaud CBN over ban on maize importation

Farmers applaud CBN over ban on maize importation
Farmers under the aegis of Maize Growers Processors and Marketers Association of Nigeria (MAGPAMAN) on Sunday applauded the Central Bank of Nigeria (CBN) for stopping maize importation to boost local production.

 

Some of the farmers, who spoke with the Newsmen in Abuja, described the move as a step in the right direction.

 

The National President of the association, Dr Edwin Uche said that the move by the apex bank to ban the importation of maize into country was long overdue.

 

The CBN on July 13, directed foreign exchange dealers to stop processing `Forms M’ for the importation of maize in order to boost local production.

 

Uche said that the move would increase local production, stimulate rapid economic recovery by supporting small holder farmers and safeguard rural livelihoods in the country.

 

He said the move would also replace jobs lost as a result of the ongoing COVID-19 pandemic.

 

“It will also assist local farmers get reasonable pricing for their efforts because we have the capacity to grow maize in this country instead of importing the commodity,’’ Uche added.

 

Miss Chima Udochi, a maize farmer said that the move demonstrated Federal Government’s determination to return agriculture as the mainstay of the country’s economy.
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