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    Home » Essential Food Items: FG Suspends Import Duties, Taxes To Address Hunger
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    Essential Food Items: FG Suspends Import Duties, Taxes To Address Hunger

    Ifetayo AdeniyiBy Ifetayo AdeniyiJuly 31, 20242 Mins Read
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    Essential Food Items: FG Suspends Import Duties, Taxes To Address Hunger

    NCS has streamlined export processes to facilitate the efficient movement of Nigerian goods to international markets.

    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.

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    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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