Forex ban on 41 items stays, CBN insists

Image result for Forex ban on 41 items stays, CBN insistsThe Central Bank of Nigeria has rejected calls by the Organized Private Sector to reverse its foreign exchange ban on 41 goods which can be produced in the country.

CBN’s Acting Director, Corporate Communications, Isaac Okoroafor said despite criticisms, CBN would not drop the policy nor bow to self-serving interests.

Okoroafor added that while the CBN respects views of the people, it found it curious that some interests have remained persistent in misinforming the public, with the aim of discrediting the genuine management of the economy.

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