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CBN seeks banning $1.2bn forex for milk import to improve local production

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The Central Bank of Nigeria (CBN) might have finalized plans to add milk other diary products on the foreign exchange restriction list with the aim to boost investments in local ranches.

According to the Guardians, the CBN governor, Godwin Emefiele, said that the product would be sucked out of the list so that investment in the sector can help the ongoing farmers-herders crisis.

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