Central Bank of Nigeria (CBN) don allocate a whopping N1.73 trillion for the importation of food items over the past six months. This figure dey highlight the significant amount of money wey Nigeria dey spend on importing food to meet the country’s needs.
This allocation dey come at a time when Nigeria still dey struggle with food security and self-sufficiency. The CBN, under the leadership of its Governor, dey work tirelessly to ensure that the country get enough food to feed its growing population.
The N1.73 trillion allocation no be small money, and it show how serious the government dey take the issue of food importation. However, many Nigerians still dey ask why the country no dey produce enough food locally instead of relying heavily on imports.
Experts say that if Nigeria can improve its agricultural sector, the country go reduce its reliance on food imports and save more money. But for now, the CBN’s allocation dey help to ensure that Nigerians get the food dem need.
