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FG announces Suspension of Import Duties, Taxes On Essential Food Items
  • July 30, 2024
  • Unity Times

The Federal Government has announced the suspension of import duties and taxes on essential food items to make basic necessities more affordable and address the prevalent issue of hunger in the country.

Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, who disclosed this to newsmen on Monday evening, said the Service has also streamlined export processes to facilitate the efficient movement of Nigerian goods to international markets.

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This, he said, 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. He added that the 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 said

The NCS Comptroller-General said that in addition to economic measures, the Service is intensifying its efforts to combat the proliferation of arms and dangerous weapons through Nigeria’s land, sea and airports.

Emphasizing the importance of collective efforts and peaceful progress to strengthen the country’s borders, Adeniyi 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.

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