The Nigeria Customs Service, NCS, says it has been directed by the Ministry of Finance to commence the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items.
The Deputy Comptroller-General of the NCS, C.K Niagwan said this on Wednesday, also stating that the food commodities include maize, husked brown rice, wheat, grain beans, and millet.
She stated that the policy is restricted to the items listed and is effective from July 15 to December 31, 2024.
The deputy director further stated that the finance ministry would provide the list of importers and approved quotas during the implementation period and called for wide coverage to ensure strict compliance.