President, Muhammadu Buhari, says his government will improve access to foreign exchange for the importation of raw materials and machines unavailable locally.
Buhari stated this in Abuja while responding to requests from the Manufacturing Sector on how to increase its contribution to the Nigerian economy.
The Government it could be recalled had banned Forex on the importation of selected items into Nigeria.
A statement issued by Presidential Spokesman, Femi Adesina said Buhari told the leadership of Manufacturers Association of Nigeria (MAN) that the relevant ministry would revisit their concerns about the increase in excise duties on the identified products and other tariff-related matters.
On the African Continental Free Trade Area (AFCFTA), the President said Nigeria would accelerate the process of setting up designated competent authority to oversee the administration of rules of origin.