Reps summons CBN Governor, Cardoso over restoration of 43 prohibited item on FX platform

The House of Representatives has summoned the Governor of the CBN, Yemi Cardoso to appear before its Committees on Baking Regulation and Customs to explain the rationale behind the restoration of the 43 prohibited items back to official FX platform.

“The policy by the CBN will force local manufacturers to hold the short end of the stick. The 43 items formed the critical sectors of the Nigerian economy,” he said. Other items include private aeroplanes/jets, Indian incense, tinned fish in sauce, cold rolled steel sheets, galvanized steel sheets, roofing sheets, wheelbarrows, head pans, metal boxes/containers, enamelware, steel drums and pipes, wire mesh, steel nails, wood particle boards, and panels.

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Reps invite CBN governor over plans to lift forex restriction on 43 itemsA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
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