Federal Government as implied to bond maize in Nigeria

The Central Bank of Nigeria (CBN) has directed all authorised dealers to discontinue the processing of Form M for the importation of maize with immediate effect.

The CBN made this known in a circular signed by Dr. Ozoemena Nnaji, the Director of Trade and Exchange Department of the apex bank in Abuja.

Form M is a mandatory statutory document to be completed by all importers for the importation of goods into the country.

The apex bank directed all authorised dealers to submit the list of form M already registered for the importation of maize.