The Central Bank Governor, Mr Godwin Emefiele, has said the bank would oppose all attempts to continue importation of maize into the country.
In a statement titled ‘Emefiele woos youths to embrace agriculture’, the CBN boss said, “The CBN would resist attempts by those who seek to continually import maize into the country.”
Mr. Emefiele spoke in Katsina on Thursday, during the unveiling of the first maize pyramid and inauguration of the 2021 maize wet season farming under the CBN-Maize Association of Nigeria Anchor Borrowers’ Programme.
He said maize farmers in Nigeria had what it takes to close the maize demand gap of over 4.5 million metric tonnes in the country.
“With over 50,000 bags of maize available on this ground, and others aggregated across the country, maize farmers are sending a resounding message that we can grow enough maize to meet the country’s demand,” Emefiele said.
He explained that the maize unveiled at the ceremony would be sold to reputable feed processors.
He added that this would in turn impact positively on current poultry feed prices, as over 60 per cent of maize produced in the country were used for producing poultry feed.
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