The Federal Government of Nigeria has announced that it will be suspending the duties, tariffs, taxes and levies previously imposed on the importation of some essential food items items rice, maize, and wheat through land and sea borders.
Abubakar Kyari, the Minister of Agriculture and Food Security, said this while announcing a 150-Day Duty-Free Import Window for food commodities on Monday, July 8.
“150-Day Duty-Free Import Window for Food Commodities, suspension of duties, tariffs and taxes for the importation of certain food commodities (through land and sea borders). These commodities include maize, husked brown rice, wheat, and cowpeas.
“Under this arrangement, imported food commodities will be subjected to a Recommended Retail Price (RRP).
“I am glad to reiterate that the Government’s position exemplifies standards that would not compromise the safety of the various food items for consumption.
“In addition to the importation by private sector, Federal Government will import 250,000MT of wheat and 250,000MT of maize. The imported food commodities in their semi-processed state will target supplies to the small-scale processors and millers across the country,” Kyari said.
