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ASAP: Nigerian Government’s approval for 150-day duty-free commodities imports to ensure foor security –Minister

Foodstuffs and Grains

*Senator Abubakar Kyari, Minister for Agriculture and Food Security, affirms the arrangement for imported food commodities for consumption will be subjected to a Recommended Retail Price as part of measures to tackle high inflation in the country

Isola Moses | ConsumerConnect

As part of ongoing measures to tackle high inflation in the economy, the Federal Government of Nigeria has approved a 150-day duty-free importation of maize, husked brown rice and wheat into the West African country.

ConsumerConnect reports Senator Abubakar Kyari, Honourable Minister for Agriculture and Food Security, disclosed this while briefing reporters Monday, July 8, 2024, in Abuja, FCT.

Kyari explained that the government’s initiative specifically suspends duties, tariffs and taxes on these imports through both land and sea borders.

He stated: “The Government has announced a 150-day Duty-Free Import Window for Food Commodities, suspension of duties, tariffs and taxes for the importation of certain food commodities (through land and sea borders).

“These commodities include maize, husked brown rice, wheat and cowpeas.”

The Minister also noted the measure is part of the implementation of the Presidential Accelerated and Stabilisation Advancement Plan (ASAP).

In regard to the quality and genetic composition of the imported foods into Nigeria, he assured consumers that the Federal Government would uphold safety standards.

Kyari further said: “Under this arrangement, imported food commodities will be subjected to a Recommended Retail Price (RRP).

“I am glad to reiterate that the Government’s position exemplifies standards that would not compromise the safety of the various food items for consumption.”

The Minister added: “In addition to the importation by the private sector, the Federal Government will import 250,000MT of wheat and 250,000MT of maize.

“The imported food commodities in their semi-processed state will target supplies to the small-scale processors and millers across the country.”

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