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Nigerians’ll take long to forget Buhari’s 8 years – Sam Amadi on CBN lifting forex restriction

 


A public affairs analyst, Sam Amadi, on Friday, described former President Muhammadu Buhari’s eight years as a disaster.

 

The Director of the Abuja School of Social and Political Thoughts, said it would take a very long time for Nigerians to forget Buhari’s tenure.

 

Amadi was reacting to the step taken by the Central Bank of Nigeria, CBN, on forex.

 

Posting on X, Amadi wrote: “Today the CBN rightly nullifies one of @MBuhari crazy monetary policies. It will take a very long time to forget Buhari’s disastrous 8 years.

 

“And to think that reasonable humans still bragging on twitter believed that Buhari should replace Jonathan and even be a councilor horrifies.”

 

The apex bank had lifted the foreign exchange restriction on 43 items. This restrictions were placed by Buhari’s administration.

 

The items include:

 

1. Rice

 

2. Cement

 

3. Margarine

 

4. Palm kernel

 

5. Palm oil products

 

6. Vegetable oils

 

7. Meat and processed meat products

 

8. Vegetables and processed vegetable products

 

9. Poultry and processed poultry products

 

10. Tinned fish in sauce (Geisha)/sardine

 

11. Cold rolled steel sheets

 

12. Galvanized steel sheets

 

13. Roofing sheets

 

14. Wheelbarrows

 

15. Head pans

 

16. Metal boxes and containers

 

17. Enamelware

 

18. Steel drums

 

19. Steel pipes 20. Wire rods (deformed and not deformed)

 

21.Iron rods

 

22. Reinforcing bars

 

23. Wire mesh

 

24. Steel nails

 

25. Security and razor fencing and poles

 

26. Wood particle boards and panels

 

27. Wood fiberboards and panels

 

28. Plywood boards and panels

 

29. Wooden doors

 

30. Toothpicks

 

31. Glass and glassware

 

32. Kitchen utensils

 

33. Tableware

 

34. Tiles-vitrified and ceramic

 

35. Gas cylinders

 

36. Woven fabrics

 

37. Clothes

 

38. Plastic and rubber products

 

39. Polypropylene granules

 

40. Cellophane wrappers and bags

 

41. Soap and cosmetics

 

42. Tomatoes/tomato pastes

 

43. Eurobond/foreign currency bond/ share purchases.

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