The Nigeria Customs Service (NCS) has officially begun the implementation of zero per cent import duty and exemption of value-added tax (VAT) on selected basic food items, following a directive from President Bola Ahmed Tinubu.
In a statement released by Abdullahi Maiwada, Chief Superintendent of Customs and National Public Relations Officer for the Comptroller General of Customs, the duty-free policy will remain in force from July 15, 2024, until December 2024.
Nigeria Customs explained that the initiative is part of the government's temporary measure to mitigate current hardships and will focus on addressing the national supply gap.
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