FG Announces 150-Day Duty-Free Import Window For Food Commodities -
Connect with us
                               
\

Latest News

FG Announces 150-Day Duty-Free Import Window For Food Commodities

Published

on

The Federal Government has announced several measures including a 150-day duty-free import window for food commodities in a new move to address the increasing cost of food prices.

The Minister of Agriculture and Food Security, Abubakar Kyari, who made the announcement in a post on his X handle on Wednesday, said the measures introduced will be implemented over the next 180 days.

According to the Minister, this will involve the suspension of duties, tariffs, and taxes for the importation of certain food commodities through land and sea borders.

These commodities include maize, husked brown rice, wheat, and cowpeas.

Noting that imported food commodities will be subjected to a Recommended Retail Price (RRP), the Minister said, “We understand concerns about the quality of these imports, especially regarding their genetic composition. The government assures that all standards will be maintained to ensure the safety and quality of food items for consumption.”

He also disclosed that the Federal Government will import 250,000 metric tons of wheat and 250,000 metric tons of maize.

These semi-processed commodities, Kyari added, will be supplied to small-scale processors and millers across the country.

Other measures to be implemented by the government include engagement with relevant stakeholders to set a GMP and purchase surplus food commodities to restock the National Strategic Food Reserve, renewed Hope National Livestock Transformation Implementation Committee and enhancement of Nutrition Security.

Kyari stated that the ministry will, in close collaboration with the Presidential Food Systems Coordinating Unit (PFSCU) and the Economic Management Team (EMT), convene with respective agencies to finalize the implementation frameworks over the next 14 days.

PAY ATTENTION:  Hardship: Nobody From The South East Will Protest. We Are Not Aggrieved, We Have Hope—Hope Uzodimma

He added that the success of these measures hinges on the cooperation and collaboration of all relevant MDAs and stakeholders.

“As our nation confronts this critical food security challenge, I reiterate President Tinubu’s unwavering commitment to achieving food security and ensuring that no Nigerian goes to bed hungry.

“My team and I will work swiftly and diligently to actualize these crucial policies, ensuring food security for everyone in the immediate term while continuing our strategies for long-term interventions to address underlying causes and ensure sustainable and resilient food systems in Nigeria.”…READ FULL ARTICLE

Our administration has unveiled a series of strategic measures aimed at addressing the high food prices currently affecting our nation. These measures will be implemented over the next 180 days;

1.150-Day Duty-Free Import Window for Food Commodities…READ FULL ARTICLE
•Suspension of duties, tariffs, and taxes for the importation of certain food commodities through land and sea borders. These commodities include maize, husked brown rice, wheat, and cowpeas.
•Imported food commodities will be subjected to a Recommended Retail Price (RRP). We understand concerns about the quality of these imports, especially regarding their genetic composition. The government assures that all standards will be maintained to ensure the safety and quality of food items for consumption.
2.The Federal Government will import 250,000 metric tons of wheat and 250,000 metric tons of maize. These semi-processed commodities will be supplied to small-scale processors and millers across the country.
3.Engagement with relevant stakeholders to set a GMP and purchase surplus food commodities to restock the National Strategic Food Reserve.
4.Ramp-Up of Production for the 2024/2025 Farming Cycle
•Continued support to smallholder farmers during the ongoing wet season farming through existing government initiatives.
•Strengthening and accelerating dry season farming nationwide.
•Embarking on aggressive agricultural mechanization to reduce drudgery, lower production costs, and boost productivity.
•Collaborating with sub-national entities to identify irrigable lands and increase land under cultivation.
•Working closely with the Federal Ministry of Water Resources and Sanitation to rehabilitate and maintain irrigation facilities under river basin authorities across the federation.
•Developing strategic engagement for youth and women for immediate greenhouse cultivation of horticultural crops such as tomatoes and pepper to increase production volume, stabilize prices, and address food shortages.
•Fast-tracking ongoing engagements with the Nigerian Military to rapidly cultivate arable lands under the Defence Farms Scheme and encouraging other para-military establishments to utilize available arable lands for cultivation.
5.Renewed Hope National Livestock Transformation Implementation Committee
•This committee has been inaugurated on Tuesday, July 9, 2024, to develop and implement policies prioritizing livestock development in alignment with the National Livestock Transformation Plan, and a ministry of Livestock Development has been created.
6.Enhancement of Nutrition Security
•Promoting the production of fortified food commodities.
•Supporting the scale-up of the Home Garden Initiative by the Office of the First Lady of the Federal Republic of Nigeria.

PAY ATTENTION:  Farmers Urge FG to Restore Duties on Food Importation Immediately

Over the next 14 days, in close collaboration with the Presidential Food Systems Coordinating Unit (PFSCU) and the Economic Management Team (EMT), we will convene with respective agencies to finalize the implementation frameworks. We will ensure that information is publicly available to facilitate the participation of all relevant stakeholders across the country.

The success of these measures hinges on the cooperation and collaboration of all relevant MDAs and stakeholders. As our nation confronts this critical food security challenge, I reiterate President Tinubu’s unwavering commitment to achieving food security and ensuring that no Nigerian goes to bed hungry. My team and I will work swiftly and diligently to actualize these crucial policies, ensuring food security for everyone in the immediate term while continuing our strategies for long-term interventions to address underlying causes and ensure sustainable and resilient food systems in Nigeria….READ FULL ARTICLE

PAY ATTENTION:  BREAKING: PDP Clears All 21 Chairmanship Seats In Adamawa LGA Election

https://x.com/SenatorAKyari/status/1811009222068298073

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Ndume: Tinubu Has Resolved To Be A One-term President, Nigerians Must Ensure His Defeat In 2027 – Lukman

Published

on

By

A former National Vice Chairman (North-west) of the All Progressives Congress (APC), Salihu Lukman, has said the actions of President Bola Tinubu have suggested that he is not interested in serving a second term as Nigeria’s leader….READ FULL ARTICLE

The former APC chieftain added that both President Tinubu and the APC are charting the way to lose the 2027 presidential elections and Nigerians must help them to taste defeat.

Speaking in a statement on Thursday, against the background of the sack of Borno South Senator, Ali Ndume as the Chief Whip of the Senate on Wednesday, Lukman said it is a testament to the fact that the current administration does not want to be criticized.

PAY ATTENTION:  Justice Eberechi Suzzette Nyesom-Wike Sworn in as Justice of the Court of Appeal: Wike, Others Attend | #NwokeukwuMascot

He added that the Tinubu government and the ruling APC are pushing Nigeria to the edges of dictatorial governance similar to what Nigerians witnessed during the days of military government under late General Sani Abacha.

Lukman, in a statement titled, “Fanatical Mindset,” lamented that free speech is under threat and personal liberties of the citizens are being encroached upon.

He also called out the Senate for allowing its operational independence to be rubbished after Ndume was removed based on a letter signed by the APC National Chairman, Abdullahi Ganduje, arguing that there was nowhere in the APC

Constitution where the National Chairman, National Secretary, or any official, or even the National Working Committee, is given the powers to summarily remove any principal officer of the National Assembly.

PAY ATTENTION:  Hardship: Nobody From The South East Will Protest. We Are Not Aggrieved, We Have Hope—Hope Uzodimma

The former chieftain said it is a shame that the APC and the Senate Caucus got involved in such acts of illegality.

He said:“The way things are, it is almost as if President Asiwaju Tinubu has resolved that he will only be a one term President. Under his watch, the living conditions of Nigerians is continuously getting worse. Instead of making effort to develop clear plans to address the situation, the government is becoming more intolerant to criticism.

“Any democracy that cannot accommodate criticism is no democracy. A democracy that subverts fair hearing is a dictatorship. A democracy that permits a ruling party to demobilise its organs and inadvertently expels its members is worse than a military government.”

PAY ATTENTION:  Wanted Drug Baron Arrested In Village Mansion As NDLEA Recovers Meth, Precursors, Guns

“So long as APC, its leadership and Asiwaju Tinubu’s government have taken the self-destructive path, which is equivalent to a declaration of working end their tenure in 2027, patriotic Nigerians must help them to ensure their defeat in 2027!”…READ FULL ARTICLE

Continue Reading

Latest News

20 Trucks of Rice: It will not get to those suffering. The Tinubu government isn’t ready to listen to advice – Primate Ayodele

Published

on

By

Primate Elijah Ayodele, leader of the INRI Evangelical Spiritual Church, has criticized the Nigerian federal government for distributing trucks of rice to state governments. He said the initiative would only result in increased corruption and hardship, as governors are indifferent to the needs of the impoverished….READ FULL ARTICLE

In a statement by his media aide, Oluwatosin Osho, Ayodele asserted that the rice would not reach those truly in need, but would instead be distributed among party members.

He also claimed President Tinubu’s administration was unwilling to heed constructive advice.

He said;‘’There is no way this will get to the needy, those who are suffering

PAY ATTENTION:  Wanted Drug Baron Arrested In Village Mansion As NDLEA Recovers Meth, Precursors, Guns

“The Tinubu government isn’t ready to listen to advice. They are not doing what is feasible, Nigerians are hungry and angry, everyone is affected, the president must be careful.

‘’Sending trucks of rice to governors that don’t care about the needs of the people, that don’t share in people’s pains, is tantamount to arbitrary corruption. They will give it to their party members, loyalists and even hoard it.

“Why is this government not listening? The more you bring such, the more the hardship. The truck of rice will only increase hardship and poverty, that’s not the solution.’’

‘’This is simple mathematics, like God revealed to Pharaoh about famine, God has revealed to prophets the situation of Nigeria, we have said this in 2022 about what Nigeria will experience, it is better the government listens before it kills the economy.

PAY ATTENTION:  BREAKING: We Led Our Father Into The Bush , And While There, We Hit His Head With A Stick , And He Died -Son

‘’The government should have taken the trucks to markets across the country and sold them at a very subsidized rate to the needy. The impact will be felt more than giving it to state governors,” he added….READ FULL ARTICLE

Continue Reading

Latest News

He Is Always Talking About My Structure, My Structure, What Are The Structures For? -Dan Nwanyanwu

Published

on

By

According to the report from the Sun, the chairman of the Zenith Labour Party, Dan Nwanyanwu acknowledged that Nyesom Wike possesses significant influence within the People’s Democratic Party (PDP) at both the state and national levels….READ FULL ARTICLE

He questioned the purpose of these political structures that Wike frequently refers to as his

own, highlighting the fact that these structures existed before Wike’s rise to power.

He suggested that while there might not be explicit evidence in the form of written or verbal statements, the influence and impact of these

structures are evident to those familiar with the inner workings of politics.

PAY ATTENTION:  BREAKING: CBN sacks Mint’s management team, appoints acting Managing Director

He said, “He (Wike) has the structure of PDP and Rivers, he has the structure of PDP in Rivers, he has the structure of PDP at the national,

and he’s always talking about my structure, my structure, what are the structures for? Somebody had them before you came, you see if you’re looking for evidence that something is written or that something is said,

you won’t find it, if you’re in that game, and you know how these things work, the evidence is everywhere.”…READ FULL ARTICLE

Continue Reading

PEOPLE ALSO READ

Copyright © 2024 Gistnub NEWS.

error: Content is protected !!