HUNGER PROTEST: Customs To Start PBAT Directive On Food Import Waiver Within One Week

The Nigeria Customs Service (NCS) said it would start implementation of the directive by President Bola Ahmed Tinubu for waiver of taxes on food and drug imports within the next one week.

This was stated by the Comptroller-General of NCS, Bashir Adewale Adeniyi MFR on Tuesday, August 6, during a joint press briefing by all service chiefs and heads of all security agencies at the Defence Headquarters, Abuja

The CGC also added that the delay in the implementation was due to the need to work out details with the Ministry of Finance.

While expressing the belief that the implementation of the tax waivers would reduce the cost of food in the market he urged Nigerians to exercise a little patience for the policy implementation to take off.

In his word, “One of the things that the President has done is to reduce the cost of food to reduce the effects of inflation by suspending customs duties and taxes on imported food items for a period of time. We believe that when this is implemented it will help to reduce prices of food items in the market.

“The Nigeria Customs is committed to the implementation of this particular fiscal policy as enunciated by the government. But we need to be very careful in implementation of this policy, and this is why the guidelines for implementation are being meticulously worked out at the Ministry of Finance.

“We must address the interest of all the stakeholders, because most of these food items are going to enjoy duty waivers and concessions are also being cultivated locally. And so there is the interest to strike.

“There is the issue of striking a balance between the interest, the long term interest of Nigerian farmers, Nigerian stakeholders who are involved in the production of these items and the short term interest of addressing food inflation.

“So the guidelines are being worked out at the Ministry of Finance and I can assure you that within the next one week these guidelines will be ready and Nigeria customs would begin implementation of these particular fiscal policies.

Comments

KNIGHTS OF ST. JOHN (KSJI) TAKES A SWIPE AT BAD LEADERSHIPS IN NIGERIA

Maj. Gen. (Prof) Remy Uche, KSJI Supreme Subordinate President, Nigeria. As Christians all over the world marked the feast of the Passion of St. John the Baptist on August 29 commemoration of his beheading by King Herod for speaking up to the truth, the Knights of St. John International (KSJI) of the Roman Catholic Church has taken a swipe against which it described as obnoxious and draconian leaderships in many spheres of life in Nigeria. The Knights of St. John International (KSJI), a sodality organisation of men and women looked up to in the Roman Catholic Church as people of integrity, is not happy with the current situation in the country where leaders in some places are not serving expectedly. According to a press statement made by the KSJI leader in Nigeria (Supreme Subordinate President), Maj Gen. Remy Uche (Prof), and signed on his behalf, by his Chief of Staff, Sir Abuchi Anueyiagu, to mark the feast of the Passion of St. John the Baptist, the patron saint of the KSJI,

Kabiesi Akintola Becomes A First Class King And Permanent Member of Osun State Council of Kings

A Retired Senior Customs Officer, Deputy Comptroller Akintola Imran Ayodeji (Rtd) has become a First Class King and permanent member of the esteemed Osun State Council of Kings. He signed his letter of appointment on the 19th day of August 2024, at a momentous occasion which marked a significant milestone in his journey as a traditional leader and a proud son of Osun State. His Royal Majesty Oba Akintola Imran Ayodeji, The Alua Of Erin Oke Kingdom Ijesa, after signing his letter of appointment saod felt a deep sense of responsibility and commitment to serve his people and uphold the rich cultural heritage of the great state of the Living Spring. This appointment is not just a recognition of his own achievements, but also a testament to the trust and confidence placed on him by the people and the Council of Kings. As a First Class King,the Kabiesi has pledged to work tirelessly to promote the welfare and development of his communities, to foster unity and cooperation among hi

KLT Command Generates N36.6 Billion In 5 Months As Compt. Edeldouk TAKES Charge

The Kirikiri Lighter Terminal command of the Nigeria Customs Service, said it has generated the sum of N36.6 billion between January and May this year. This was revealed by Comptroller Martina Tilley-Gyado while giving her valedictory speech yesterday, Friday, 31st May 2024 at the command. This, according to her represents 75 percent increase when compared with sum generated within the same period of last year. Comptroller Tilley-Gyado who handed over the mantle of leadership of the command to Comptroller Joy Edeldouk appreciated the officers as well as stakeholders for their support throughout her stay at the command. She pointed out that the command relied on the stemming of cargoes to its terminals even though the cargo throughput was low. She established and extended terminal availability adding that it also transformed from simple export processing terminal exporting 869 containers since it became Export processing Terminal (EPT). Tilley-Gyado said the achievements were due to

Maritimegistplus

Search This Blog