The National Association of Government Approved Freight Forwarders (NAGAFF) on Friday lauded the Federal Government’s plans to lift foreign exchange restriction on 41 imported items.
The National Publicity Secretary of the association, Mr Stanley Ezenga, gave the commendation in an interview with newsmen in Lagos.
Ezenga said that the plan would boost importation activities at the nation’s ports.
He said that lifting of ban on the items would not solve the declining value of the naira, urging government to come up with a more result-oriented forex policy.
Ezenga said; “The plan by the government to lift foreign exchange restriction on some 41 imported items is good news for import.
“We can now have more import activities at the ports and the various jobs lost to the restriction can now come back.
“However, the unbanning alone will not solve the problem of the naira.
“Government should come with a more workable policy to boost value of the naira,“.
He said that freight forwarders had lost 50 per cent jobs to the restriction, hoping that the lifting would address the situation.