Customs Set to Begin Import Waiver on Rice, Other Food Items, Set Rules

The Nigerian government is reportedly fine-tuning a framework to guide the import of certain food items 

The Comptroller General of Customs, Adewale Adeniyi, disclosed that the guidelines will be ready next week 

President Bola Tinubu approved a N2 trillion package and a 150-day duty-free import window for massive food imports into Nigeria

The Ministry of Finance is developing a framework to guide the expected huge food imports that will soon begin. 

The move is one strategy of the Nigerian government to ease the high cost of living across the country. 

Nigerians to begin food imports duty-free The framework will be ready next week, the Nigeria Customs Service Comptroller General, Adewale Adeniyi, said on Tuesday, August 6, 2024. 

Reports say the customs boss assured Nigerians of the service's effective implementation of the service's guidelines.

In July, President Tinubu approved an N2 trillion package to tackle food inflation and implement the government’s accelerated stabilization and advancement plan. Part of the policy is a 150-day duty-free window, which allows the importation of certain commodities via land and sea borders. 

Food crisis hits Nigeria According to reports, Nigeria is facing a food crisis as food inflation reached 40.66% in May 2024, from 24.82% the previous year. 

Experts say insecurity in certain food-producing areas is stalling production across the country as farms have been abandoned and farmers seeking refuge in cities and elsewhere. 

Data from the Ministry of Agriculture and Food Security shows that Nigeria is the highest producer of yam tubers, with 40 million metric tons per annum, but demand in the country stands at about 60 million metric tons annually, leaving a gap of 20 million metric tons.

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Daniel Adewole Awe Medical Center is a healthcare facility located in Ilesa, Osun State, providing quality primary and secondary healthcare services to the community and its environs.