The Nigerian government has announced a suspension of duties, tariffs, and taxes for the importation of certain food items through both land and sea borders. This move, revealed on Monday, aims to ensure food security and ease the financial burden on consumers.

The items that will benefit from this suspension are maize, husked brown rice, wheat, and cowpeas. These are staple foods in many Nigerian households, and the government’s decision is expected to help reduce the cost of these essential commodities.

Abubakar Kyari, the Minister of Agriculture and Food Security, made the announcement during a press conference in Abuja. He stated that there would be a 150-day duty-free import window for these food commodities. During this period, the imported items will not be subject to the usual duties, tariffs, and taxes.

Kyari also mentioned that the imported food commodities would be sold at a Recommended Retail Price (RRP). He emphasized that the government’s measures would ensure that the safety and quality of the food items are not compromised.

In addition to allowing private sector imports, the federal government plans to import 250,000 metric tons of wheat and 250,000 metric tons of maize. These semi-processed food commodities will be distributed to small-scale processors and millers across the country. This initiative aims to support local food production and ensure a steady supply of these essential items.

This suspension of taxes and import duties is a significant step by the Nigerian government to address food security challenges and support local food production. By making these essential food items more affordable, the government hopes to provide relief to millions of Nigerians.