News
FG Bans Foreigners From Buying Agric Produce Directly From Farmers
Foreigners and their representatives have been barred from purchasing agricultural produce directly from farmers in the country by the Federal Executive Council (FEC).
With the new ban, only licensed and duly registered local buying agents can now buy farm produce directly from farmers in Nigeria.
Niyi Adebayo, minister of industry, trade and investment said the attorney-general would draft a law that would be sent to the national assembly to support the implementation of the new policy.
Adebayo said;
“We will also use commodity associations, to which the farmers belong, to ensure effective implementation.”