#EGistz #Deepromoter BREAKING: CBN reverses restriction on 41 items ineligible for forex (SEE full list)

​The Central Bank of Nigeria (CBN) has lifted the restriction on 41 items listed as ineligible for foreign exchange, with a condition.
“Importers of items classified as not valid for forex with transactions value of $20,000 and below per quarter shall now qualify for allocation of foreign exchange,” the bank said in a circular.
CBN in July 2015, restricted 41 items, including vegetable oil, poultry products, toothpicks, cosmetics, plastic and rubber products, among others, from accessing foreign exchange from the interbank foreign exchange market.
Below are the 41 items
1. Rice
2. Cement
3. Margarine
4. Palm kernel/Palm oil products/vegetables oils
5. Meat and processed meat products
6. Vegetables and processed vegetable products
7. Poultry chicken, eggs, turkey
8. Private airplanes/jets
9. Indian incense
10. Tinned fish in sauce(Geisha)/sardines
11. Cold rolled steel sheets
12.Galvanized steel sheets
13. Roofing sheets
14. Wheelbarrows
15. Head pans
16. Metal boxes and containers
17. Enamelware
18. Steel drums
19. Steel pipes
20. Wire rods(deformed and not deformed)
21. Iron rods and reinforcing bard
22. Wire mesh
23. Steel nails
24. Security and razor wine
25. Wood particle boards and panels

26. Wood Fibre Boards and Panels

27. Plywood boards and panels

28. Wooden doors

29. Toothpicks

30. Glass and Glassware

31. Kitchen utensils

32. Tableware

33. Tiles-vitrified and ceramic

34. Textiles

35. Woven fabrics

36. Clothes

37. Plastic and rubber products, polypropylene granules , cellophane wrappers

38. Soap and cosmetics

39. Tomatoes/tomato pastes

40. Eurobond/foreign currency bond/ share purchases


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