KROZX BORDER reported on Tuesday that President Buhari, who hosted the All Progressives Congress (APC) governors to Eid el Kabir lunch at his country home in Daura, Katsina State, had said the foreign reserve will be conserved and utilized strictly for diversification of the economy, and not for encouraging more dependence on foreign food import bills.
Reacting, Ali baba commended President Buhari on his directive to CBN to stop issuing foreign exchange for food importation.
The ace comedian opined that Buhari’s directive is a ban on forex for food importation and not on food importation.
Alibaba further called for same measure to be taken when Dangote’s refinery finally opens.
On his Instagram page, he wrote; A BAN ON FOREX FOR FOOD IMPORT IS NOT A BAN ON FOOD IMPORT. YOU CAN IMPORT. JUST GO FIND YOUR FOREX.
“About time, now if you want to import all your foreign food, source your forex by yasef. Shebi you are in the business to make money.
“Once Dangote refinery opens, they should do the same for petroleum products. Find your money. NNPC should not be seen importing sef. It’s a shame. Fix your refineries. How come, all these boys are refining products with drums and firewood, yet we, as a country can’t?
“When there was a ban on fruit juice importation, didn’t 5Alive, JustJuice, DonSimon and co leave? Didn’t that help #Chivita to dominate the market?
“Let’s increase Electricity to 150,000 megawatts and tell all them car makers “Wosss wobiii ‘
“if you don’t have a plant in Nigeria, the let Innosson motors take over your market”.
“That’s not to say, we will resign ourselves to substandard products o. It just means the businesses get a fighting chance to survive. Without the pressures of foreign backed competition. And it doesn’t stop anyone from importing. But when your foreign Toyota Camry lands Nigeria at a duties enhanced N85m, and the Nigerian Assembled one sells for N18m, autocorrect will help you.”
-
Tekno Suffering Serious Ailment May Not Sing Again - Ub...
Triple MG boss, Ubi Franklin has called for prayers on behalf of Nigerian Singer, Tekno, who has bee...
Read More
-
Why I had wanted to commit suicide, Reveals Depression...
Twenty eight year old singer, rapper and fashion designer, Modupe Oreoluwa Oyeyemi, aka MoCheddah, h...
Read More
-
Ekiti College Of Health Staff Shut Institution, Declare...
Staff of the College of Health Sciences and Technology, Ijero Ekiti, have downed their tools over th...
Read More
-
Zimbabwe Declares Cholera Emergency After Death Toll Ri...
Zimbabwe has declared a cholera outbreak in the capital Harare after the death toll rose to 20 and m...
Read More
-
NMA Wants More Funding for Health Sector...
The Nigeria Medical Association has called on the Federal Government to provide more funding for the...
Read More
-
Group cautions Nigerians on illegal migration through N...
On the heels of the declaration of a state of emergency in Tripoli, a diaspora initiative, Migration...
Read More
-
Ortom Urges Student Nurses to Strive for Excellence...
Governor Samuel Ortom of Benue has charged students of the Schools of Nursing and Midwifery, Makurdi...
Read More
-
Sola Allyson Releases Brand New Album ÌMÚ...
Nigeria’s most popular female indigenous singer Sola Allyson releases brand new album &Igr...
Read More
-
Kenyans to Get Visa On Arrival in South Africa - Krozx...
Kenyans are among citizens from selected African countries that are set to be issued with Visas upon...
Read More
-
Tourism contributes about 8 Percent to Africa&rsquo...
South Africa’s newly reinstated National Minister of Tourism, Derek Hanekom has given a gl...
Read More