FILE PHOTO: Nigerian President Muhammadu Buhari waves to the crowd while he drives around the venue during his inauguration for a second term in Abuja, Nigeria, May 29, 2019. REUTERS/Afolabi Sotunde
ABUJA (Reuters) - Nigeria's President Muhammadu Buhari has told the central bank to stop providing funding for food imports, his spokesman said in a statement on Tuesday, a move that has raised questions about the bank's independence.
Nigeria, which has Africa's biggest economy, is the continent's top oil producer and relies on crude sales for around 90% of it foreign exchange. Low oil prices led to a recession in 2016 from which the country emerged two years ago.
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