The apex bank in a major monetary policy shift, restored the 43 items which were banned from accessing forex since June 2015 in order to, according to it, “sustain the stability of the foreign exchange market and the derivation of optimum benefits from goods and services imported into the country.”
Items on the list include rice; cement; toothpicks; margarine; palm Kernel/Palm oil products/vegetable oils; meat and processed meat products; vegetables and processed vegetable products; poultry – chicken, eggs, Turkey; Soap and cosmetics; tomatoes/tomato pastes; milk; maize and tinned fish in sauce (Gelsha)/Sardines.
Others are enamelware; steel drums; steel pipes; wire rods (deformed and not deformed); iron rods and reinforcing bars; wire mesh; steel balls; security and razor wire; wood particle boards and panels; wood fiber boards and panels; plywood boards and panels; wooden doors; furniture; glass and glassware; kitchen utensils; tableware; tiles – vitrified and ceramic; textiles; woven fabrics and clothes.
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