The decision came after the naira tumbled to 1,050/$ at the parallel market on Thursday, following pressure from international organisations and experts.
He said, “Apart from being the president of NACCIMA, I am in the palm oil trade. I have a vegetable oil refinery. We don’t have enough in the country. My plant cannot event run 24 hours for one week because we don’t have enough raw materials. There is a shortage. If there is no demand,…