Federal Executive Council (FEC) has approved a ban on foreigners and their representatives buying agricultural produce directly from farmers.
Gatekeepers News reports that this ban which was approved on Wednesday, implies that only licensed and duly registered local buying agents can now buy farm produce directly from farmers in Nigeria.
The ban was announced in a tweet shared via the federal government’s verified Twitter handle@NigeriaGov.
The Minister Of Industry, Trade And Investment, Niyi Adebayo while commenting on the development said as part of the FEC approval, the Attorney-General would draft a law that would be sent to the National Assembly to support the implementation of the new policy.
Adedayo said, “We will also use commodity associations, to which the farmers belong, to ensure effective implementation.”