The Central Bank of Nigeria has issued a directive which will effectively stop the importers of certain goods from accessing foreign exchange.
According to the apex bank, this move is in a bid to help stabilise the foreign exchange market and encourage local production of these items.
The implementation of the new policy is expected to help facilitate the revival of local industries and also generate employment.
Prominent among the items are; rice, tomatoes, cement, and private jets.
See the full list HERE.