FG Suspends Import Duty On Food Items, Others To Ease Hardship
The Federal Government has suspended import duty and other tariffs on staple food items, raw materials, and inputs for manufacturing, agriculture, and pharmaceutical products for six months. This move is aimed at reducing inflation and stabilizing prices. According to an Executive Order signed by President Bola Ahmed Tinubu, the suspension affects essential items like fertilizers, seedlings, chemicals, poultry feeds, flour, and grains. The order also grants a rebate on import […]