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Nigeria Government Suspends Import Duties on Food Items to Combat Soaring Prices

Boom RadioNG | July 30, 2024

The Nigerian government has taken a decisive step to alleviate the burden of rising food prices on its citizens. The Comptroller-General of Customs, Bashir Adeniyi, announced the suspension of import duties and taxes on essential food items. This move is aimed at making basic necessities more affordable and combating the prevailing food inflation in the country.

Comptroller-General of Customs, Adewale Adeniyi

Adeniyi acknowledged the global economic challenges impacting Nigeria and emphasized the government’s commitment to easing the financial strain on its citizens. In addition to the duty suspension, the Customs Service is streamlining export procedures to boost the economy and create opportunities for farmers, artisans, and entrepreneurs.

While addressing the economic front, the government remains committed to security. The Customs Service will intensify efforts to curb the illegal importation of arms and dangerous weapons.

Written by Boom RadioNG

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