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Agro-industrial users kick as CBN insists on no maize import


List why ban won’t work
Agro-industrial users of maize have faulted the insistence of the Central Bank of Nigeria (CBN) to stop and frustrate importation of maize into the country despite unfavourable conditions for local production of the crop and a shortfall of over 5 million metric tonnes.
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The Poultry Association of Nigeria (PAN), major commercial poultry farmers and feed millers, in different interviews with The Guardian, lamented the high cost of maize, which is a major ingredient in animal feeds.
They argued that banning the importation of maize and soya beans unreasonably would compound the country’s economic woes as poultry, fishery and feed industries would collapse, which in turn would worsen unemployment, aggravate poverty and hamper foreign investments in the sectors. ....

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