Nigeria to halt foreign currency for sugar, wheat imports -cbank

Published 16/04/2021, 10:57

ABUJA, April 16 (Reuters) - Nigeria will no longer provide
foreign currency for importers of sugar and wheat, the central
bank said on Twitter on Friday.
"Sugar and wheat to go into our FX restriction list. We must
work together to produce these items in Nigeria rather than
import them," the central bank said in a tweet. Nigeria
restricts access to dollars for some goods to conserve foreign
currency reserves.

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