Nigeria’s President Muhammadu Buhari on Tuesday ordered the Central Bank of Nigeria (CBN) not to give any money for food importation.
The president stated this during the fifth regular meeting with the Presidential Economic Advisory Council at the State House in Abuja, the Nigerian capital.
Nigeria spends about $1.4 billion importing food every year, according to data from the National Bureau of Statistics, making the country the highest importer of food on the African continent.
The CBN “must not give money to import food. Already about seven states are producing all the rice we need. We must eat what we produce,” the president said.