warehouses of four (4) defaulting Rice Importers.The action is intended to give a bite to several letters of warming and ultimatum to the beneficiaries of rice import quota policy who imported in excess of their approved quotas.
The affected importers are:
OLAM
STALLION/ POPULAR FOODS/MASCO AGRO
EBONY AGRO AND
CONTI AGRO( MILAN)
The defaulting rice importers have refused to pay their total debt profile of N23,603,479,402.44 (Twenty Three Billion, Six Hundred and Three Million, Four Hundred and Seventy Nine Thousand, Four Hundred and Two Naira, Forty Four kobo. In addition to the sealing up of their warehouses, the
