The presidency says the suspension of taxes on importation of food commodities is not yet official.
In a chat with TheCable on Monday, Bayo Onanuga,
presidential spokesman, said the measures are still under consideration.
“The measures are not yet official,” he said.
In a statement released earlier, Abubakar Kyari, minister of
agriculture and food security, said duties, tariffs and taxes on imported
maize, husked brown rice, wheat and cowpeas — through land and sea borders —
have been suspended.
Kyari said a 150-day duty-free import window for food
commodities will be enforced as part of measures to be implemented over the
next 180 days to ameliorate food inflation in Nigeria.
He said the measures are part of the accelerated
stabilisation and advancement plan recently presented to President Bola Tinubu
by the economic management team (EMT) under the Presidential Economic
Coordination Council (PECC) constituted by the president in March.
The minister said multiple taxes and levies, infrastructural
challenges and “sheer profiteering by marketers and traders” have contributed
to rising food prices.
In a now-deleted post on X, Onanuga had also announced the
measures.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com