Bashir Adeniyi, the comptroller general (CG) of the Nigeria Customs Service (NCS), says the duty waiver on imported foods would be implemented within the next one week.
Bashir Adeniyi, the comptroller general of the Nigeria Customs Service , says the duty waiver on imported foods would be implementedAdeniyi spoke on Tuesday in Abuja during a news conference by the heads of security agencies and service chiefs, convened by Christopher Musa, the chief of defence staff at the Defence Headquarters.the suspension of duties, tariffs, and taxes on the importation of food commodities to reduce inflation.
Adeniyi said there is a need to understand what the intervention means for the local markets as most of the food items that enjoy duty waivers and concessions are also cultivated by Nigerian farmers.Advertisement “So the guidelines are being worked out at the Ministry of Finance and I can assure you that within the next one week these guidelines will be ready and Nigeria customs will begin implementation of these particular fiscal policies.”Adeniyi said the demands of the protesters, especially those relating to food inflation and cost of living, are being addressed.
“The federal government’s effort as part of intervention is the distribution of strategic food items which was released from the national grain reserves about a month ago.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Food duty waiver takes effect next week, Customs saysComptroller General, Nigeria Customs Service (NCS), Bashir Adeniyi, has said that the service would begin implementation of the duty waiver
Read more »
Tinubu Govt commences suspension of food import duty to crash pricesThe Nigerian Customs Service, NCS has commenced implementation of President Bola Ahmed Tinubu’s plan to suspend import duty collection on essential food items to reduce the prices of food items in the market. The Comptroller General of Customs, Bashir Adewale Adeniyi disclosed this in a recent statement on Monday.
Read more »
FG suspends import duties, taxes on essential food items to address hungerThe Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi has announced the Federal Government's suspension of import
Read more »
FG suspends import duties, taxes on essential food items to address hungerThe Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi has announced the Federal Government's suspension of import
Read more »
Removal of import duties will reduce food prices — CustomsThe Comptroller-General of Customs, Bashir Adeniyi, has said the suspension of duties and taxes on imported food items would help reduce food prices.
Read more »
Olukayode Adeniyi, 21 others inaugurated as Appeal Court JusticesJustice Olukayode Adeniyi of the High Court of the Federal Capital Territory (FCT), who on January 8 this year voided the detention of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and ordered his release, was inaugurated as a Justice of the Court of Appeal on Wednesday.
Read more »