The Federal Government has suspended import duties and taxes on certain essential items to make them more affordable, aiming to address food inflation in the nation.
Comptroller General of the Nigeria Customs Service (NCS), Mr. Bashir Adewale Adeniyi, announced this on Tuesday, affirming that the Federal Government is dedicated to addressing the situation effectively in an effort to reduce hunger in the country.
He noted that global inflation is affecting countries around the world, including Nigeria. Mr. Adeniyi emphasized that the NCS has streamlined export processes to facilitate the efficient movement of Nigerian goods to international markets.
According to him, this initiative includes the introduction of advanced ruling systems, authorized economic operators, and a time-release study designed to enhance trade, stimulate the economy, and create new opportunities.
Mr. Adeniyi further explained that these reforms will provide farmers, artisans, and entrepreneurs with a quicker path to global markets, benefiting their families and communities.
The Comptroller General of Customs stated, “We are committed to implementing this measure effectively to address the issue of hunger in our nation.”
In addition to these economic measures, Mr. Adeniyi mentioned that the NCS is intensifying efforts to combat the proliferation of arms and dangerous weapons across Nigeria’s land, sea, and airports.
He cautioned that disruptions in the supply chain impact foreign investment, distort trade, promote instability, increase scarcity, and hinder revenue collection.
“In these challenging times, let us unite in resilience and cooperation. We extend our heartfelt gratitude to those who have embraced the path of peace and dialogue,” he added, encouraging constructive engagement and collaboration from all Nigerians to overcome current challenges and build a brighter future.
Mr. Adeniyi acknowledged the widespread economic difficulties and outlined the government’s commitment to alleviating the financial burden on its citizens.
He stressed the importance of collective efforts and peaceful progress to strengthen the country’s borders.
