NACCIMA Hails FG For 150-days Import Free Window For Rice, Maize

“By addressing the multiple factors contributing to rising food prices, including infrastructural challenges and market profiteering, this policy demonstrates a comprehensive approach to ensuring food affordability.” NACCIMA, however, advised the federal government to remain vigilant in the implementation of the policy.

Oye, in a statement said, “On behalf of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, NACCIMA, we commend the federal government’s decisive action to suspend duties, tariffs, and taxes on the importation of key food commodities.

The Minister of Agriculture and Food Security on Monday announced that the federal government approved150 days of import duty-free for rice, maize, wheat and other cerealsto address economic hardship and high food inflation.

“The 150-day duty-free import window for essential items such as maize, husked brown rice, wheat, and cowpeas is a commendable move that will likely stabilize food prices and provide much-needed relief to millions of Nigerians.

“NACCIMA stands ready to support the government in these efforts, ensuring that the strategic importation of food commodities complements rather than undermines our domestic agricultural production..

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