The Federal government of Nigeria has approved the law which prohibits foreigners or their associates from buying agricultural and/or farm products directly from the farmers who manufacture those farm products.

 

This law was passed and announced today, Wednesday March, 9, 2022, at the Federal Executive council which was presided over by the Vice President, Yemi Osibanjo. 

 

This implies that only licensed and duly registered local buying agents can now buy farm produce at farm gates, directly from farmers in Nigeria, so they will no longer boycott the retailers of those farm produce which are Nigerians.

 

 

The ban was announced on Wednesday in a tweet shared via the federal government’s verified Twitter handle @NigeriaGov.

 

 

“We will also use commodity associations, to which the farmers belong, to ensure effective implementation,” the minister said.

 

 

Speaking on the development, Niyi Adebayo, minister of industry, trade and investment, said that 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.