CBN To Lift Ban On 41 Items
Were you forced to close shop after the Federal Government banned about 41 goods from being imported? - Read on.
The Central Bank of Nigeria may lift its ban on accessing foreign exchange the affected goods and services.
This comes as the apex bank aims to achieve a market-determined exchange rate regime.
An official economic plan released on Tuesday, shows pressure is mounting to let the Naira compete on its own without government intervention.
The Economic Recovery and Growth Plan 2017-2020 was released by the Budget Ministry.
Nigeria also sees 2017 inflation at 15.74 percent, and at 12.42 percent next year, the plan showed.
Inflation in January hit 18.7 percent, its highest level in more than 11 years.
The CBN in June, 2015 listed 41 items that must not be granted access to foreign exchange for importation.