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The Central Bank of Nigeria (CBN) has commenced a wide investigation into the bank accounts of organisations involved in the unscrupulous importation of the 41 items listed as Valid for Foreign Exchange”, for possible violation of the foreign exchange restrictions. Announcing this move in a circular entitled: “Foreign Exchange Restriction on the importation of 42 items,” Director, Financial Policy and Regulation Department, Ken Amogu said: “Trade information available to the CBN indicates circu*vention of the policy as the restricted items are being dumped in the country. “The implications are that the growth and employment benefits arising from the policy may be eroded if not checked.” “The CBN views this development with trepidation. The Economic Intelligence Unit of the bank in collaboration with the Economic and Financial Crimes Commission (EFCC) would commence immediate investigation of the accounts of the corporate and entities engaged in this unwholesome act with a vie… Parents have been advised to encorage their children into fa*ming instead of seeking a white collar job which may no longer be available says the National Deputy President Rice Fa*mers As*ociation of Nigeria, Mr Segun Atho. Speaking at one day capacity training on rice production and input application, orgainsed by the as*ociation in Badagry, Lagos Atho said parents should change their attitudes towards agriculture and encourage their children to come into agriculture. According to him, “We cannot continue to import rice and other foods; Nigerians can feed Nigerians without the help of other Atho lamented it is so unfortunate so many young people are still searching for white collar jobs which is no longer available. Atho stressed, ” Agriculture must be seen as business, not as a hobby. Nigeria has about 95 million hectares of fa*ming land, and 6 million of this land is suitable for growing rice, which makes agricultural sector spacious enough to accommodate large n…