Top Stories
FG Suspends Import Duties, Taxes On Essential Food Items To Address Hunger
The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi has announced the Federal Government’s suspension of import duties and taxes on essential food items to make basic necessities more affordable for Nigerians and address the prevalent issue of hunger in the nation.
In a public address on Monday evening, Adeniyi acknowledged the widespread economic challenges and outlined the government’s commitment to easing the financial burden on its citizens. He acknowledged that global inflation is impacting nations worldwide, including Nigeria, noting that to address this, the federal government, through the Nigeria Customs Service, is suspending import duties and taxes on essential food items to make them more affordable.
Adeniyi also stated that the NCS has streamlined export processes to facilitate the efficient movement of Nigerian goods to international markets. He said this initiative includes the introduction of advanced ruling systems, authorised economic operators, and a time-release study designed to enhance trade, stimulate the economy, and create new opportunities. Adeniyi emphasised that these reforms will provide farmers, artisans, and entrepreneurs with a faster path to global markets, thereby benefiting their families and communities.
“We are committed to implementing this measure seamlessly to address the problem of hunger in our nation,” he added. He said in addition to economic measures, the NCS is intensifying its efforts to combat the proliferation of arms and dangerous weapons through Nigeria’s land, sea, and airports. Adeniyi stressed the importance of collective efforts and peaceful progress to strengthen the country’s borders. He warned that the destruction of the supply chain affects foreign investment, distorts trade, promotes instability, increases scarcity, and hinders revenue collection.
“In these challenging times, let us unite in resilience and cooperation. We extend our heartfelt gratitude to those who have embraced the path of peace and dialogue,” he stated. Adeniyi’ called for constructive engagement and cooperation from all Nigerians to overcome current challenges and build a brighter future.
- Top Stories24 hours ago
#USDecides2024: Bill Clinton has hopes and fears on what comes after 2024 …
- Entertainment14 hours ago
BBNaija’s Dorathy goes naughty on her birthday(Photos)
- Entertainment23 hours ago
Miami Beach officially revokes Diddy’s Key to the City
- Top Stories18 hours ago
BREAKING: President Tinubu swears in seven new ministers
- News55 mins ago
Breaking: Tinubu Makes Fresh Appointment
- Entertainment18 hours ago
Legendary music producer, Quincy Jones d!es at 91
- Top Stories15 hours ago
Breaking: Tinubu Directs Release Of Minors Arraigned For Hunger Protests
- News18 hours ago
Nigeria ranks fifth globally in daily social media usage