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BREAKING: Nigerian Government Suspends Taxes and Import Duties on Maize, Wheat, and Brown Rice

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The Federal Government announced on Monday the suspension of duties, tariffs, and taxes on the importation of certain food items through land and sea borders. These food items include maize, husked brown rice, wheat, and cowpeas.

Abubakar Kyari, the Minister of Agriculture and Food Security, revealed this while introducing a 150-Day Duty-Free Import Window for these commodities.

During a press conference in Abuja, Kyari stated, “The 150-Day Duty-Free Import Window for Food Commodities will suspend duties, tariffs, and taxes on the importation of certain food items through land and sea borders. These commodities include maize, husked brown rice, wheat, and cowpeas.”

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Kyari emphasized that imported food commodities would be subjected to a Recommended Retail Price (RRP) under this arrangement. He reassured that the Government’s standards would ensure the safety of these food items for consumption.

In addition to private sector importation, the Federal Government will import 250,000 metric tons of wheat and 250,000 metric tons of maize. These semi-processed imported food commodities will be supplied to small-scale processors and millers across the country.

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Okereke Gabriel is a sports reporter and analyst with years of experience in the industry. He is a graduate of Anatomy. He likes surfing the Internet, researching for new things about sports and education.

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