Tag Archives: presidential approval

Customs to Implement Zero Percent Duty on Essential Food Items Following Presidential Approval

The Nigeria Customs Service (NCS) is set to implement a zero percent import duty and value-added tax (VAT) exemption on essential food items following approval by President Bola Tinubu. The program, which was disclosed in a letter dated August 14, 2024, is a component of a larger plan to deal with national food shortages and inflation. Deputy Comptroller-General C.K. Niagwan …

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