Economic and public policy analysts have called on the Central Bank of Nigeria (CBN) to abandon its new policy directive to restrict foreign exchange on certain imported food items, saying the policy is not beneficial to the masses.

The experts who spoke at the fourth annual regulatory conversation, with the theme ‘Foreign Exchange Restrictions on Food Imports and Implications for Regulating and Growing the Nation’s Economy’, adviced the CBN to slow down on its implementation of restriction of foreign exchange to milk importers.