Fri, 22 Nov 2024

 

[Breaking] Food imports: Customs to forfeit N188.4bn revenue
 
By: Abara Blessing Oluchi
Tue, 13 Aug 2024   ||   Nigeria,
 

The Nigeria Customs Service (NCS) is to forfeit an estimated N188.37 billion in the six months within which the Tariff-free foods imports of President Bola Tinubu would be implemented.

The Comptroller-General (C-G) of the NCS, Mr. Wale Adeniyi, disclosed this at an ongoing Public Lecture and Book Presentation of Economic Confidential in Abuja.

The C-G described food security as a national security issue that required a well-coordinated approach from all stakeholders.

He said special corridors would be created to facilitate the clearance of the affected food items- including rice maize and wheat.

Details later…

 

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