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Customs Suspend Import Duties, Taxes On Essential Food Items

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Customs Suspend Import Duties, Taxes On Essential Food Items

The Nigeria Customs Service has suspended import duties and taxes on essential food items.

This was revealed in a video posted on X, by the Customs Comptroller General, Bashir Adewale Adeniyi, where he said the suspension is to make food items affordable for Nigerians.

He acknowledged that the global inflation is affecting nations including Nigeria, saying the NCS is committed to implementing the Federal Government’s directive on the suspension of tariffs on essential items.

The Customs chief, however, warned that disruptions in the supply chain will affect foreign investments, distort trades, promote instability, increase scarcity and hinder revenue collection.

Read another recent post here: https://classic97.net/organisers-reject-igps-proposal-for-confined-protests/

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