The CBN disclosed this in a circular dated July 16, 2021, titled: “Sugar Importation in Nigeria.”
Browsing: Dr. Ozoemena Nnaji
This was contained in a warning circular by Dr. Ozoemena Nnaji, CBN’s Director, Trade and Exchange Department, on Wednesday.
The MD made the call during a Webinar, themed: “Prospects of Non-Oil Export During and Post COVID-19,” organized by the bank on Wednesday.
The directive was issued by the CBN Governor, Godwin Emefiele, on Tuesday during the bi-monthly virtual meeting of the Bankers’ Committee.
The Bank therefore advised importers not on the list of companies cited in the circular to cancel all established Forms ‘M’ for the importation of milk and its derivatives for which shipment has not taken place