Reps summon CBN governor over decision lifting FX ban on toothpick, cement

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, governor of the Central Bank of Nigeria , over the decision to lift the forex ban on 43 items.Importers of the commodities were forced to source for FX at the black market — often at higher rates.

While moving the motion, Soli said the decision may lead to the closure of factories and ultimately erode the nation’s capacity to build the country’s local economy.

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