• About Us
  • Contact Us
  • Privacy & Policy
Saturday, January 10, 2026
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

FG Suspends Import Duties and Taxes to Combat Hunger

Vincent Amadi by Vincent Amadi
March 2, 2025
in Economy
Reading Time: 2 mins read
A A
0
FG Suspends Import Duties and Taxes to Combat Hunger
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Controller-General of the Nigerian Customs Service (NCS), Bashir Adeniyi, has announced the suspension of import duties and taxes on essential food items by the Federal Government to make basic needs of Nigerians more affordable and address the widespread issue of hunger in the country.
In a public address on Monday evening, Adeniyi acknowledged widespread economic challenges and outlined the government’s resolve to ease the economic burden on the people.
He acknowledged that global inflation has affected countries around the world, including Nigeria, and noted that in response, the Federal Government, through the Nigerian Customs Service, is suspending import duties and taxes to make essential food items more affordable.


Adeniyi also noted that the NCS has streamlined the export process to facilitate the efficient movement of Nigerian products to international markets.
He said the effort includes the introduction of advanced regulatory regimes, licensed economic operators, and time-lag studies aimed at promoting trade, revitalizing the economy, and creating new opportunities.

Adeniyi stressed that these reforms will provide farmers, artisans, and entrepreneurs with faster routes to global markets, thereby benefiting their families and communities.
“We are committed to implementing these measures seamlessly to address the problem of hunger in our nation,” he added.


He said that in addition to the economic measures, the NCS is intensifying efforts to combat the proliferation of arms and dangerous weapons across Nigeria’s land, sea, and airports.
Adeniyi stressed the importance of joint efforts to strengthen borders and peaceful progress. He warned that the disruption of supply chains will negatively impact foreign investment, distort trade, promote insecurity, increase shortages, and hinder tax collection.
“In these challenging times, let us unite in resilience and cooperation. We extend our heartfelt gratitude to those who have embraced the path of peace and dialogue,” he said.
Adeniyi called on all Nigerians to work constructively and cooperate to overcome current challenges and build a better future.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Dangote Refinery drops Petrol Price For Marketers
Economy

Petrol marketers expect cheaper fuel price, waiting Dangote Refinery’s action

4 days ago
Nigerian Airlines Struggle with High Maintenance Costs Amid Currency Crisis
Economy

Naira gains against US dollar as Nigeria’s foreign reserves rise to $45.57bn

5 days ago
CBN to Nigerian banks: Introduce MFA for foreign card transactions on POS, ATMs
Economy

CBN to Nigerian banks: Introduce MFA for foreign card transactions on POS, ATMs

3 weeks ago
Dangote alleges economic sabotage by NMDPRA Chief, demands probe
Economy

Dangote alleges economic sabotage by NMDPRA Chief, demands probe

4 weeks ago

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Rivers: My issue is not with Fubara; He is my boy – Wike
National

Rivers: Wike overplaying his political cards – Modibo

14 hours ago
Atiku, Tambuwal responsible for PDP’s downfall – Fayose
National

Atiku, Tambuwal responsible for PDP’s downfall – Fayose

14 hours ago
I am still in PDP, closely watching happenings — Senator Dickson
National

I am still in PDP, closely watching happenings — Senator Dickson

14 hours ago
ABIA STATE: NLC AND TUC SUSPENDS STRIKE
National

Alex Otti becomes Labour Party National Leader

14 hours ago
Gov Fubara impeachment process still on course – State Assembly
National

Gov Fubara impeachment process still on course – State Assembly

14 hours ago
Seven Akwa Ibom Lawmakers Defect to APC, Citing Party Divisions
National

Rivers: We’ve inherited PDP problems – APC spokesman

2 days ago

POLITICS

Rivers: My issue is not with Fubara; He is my boy – Wike

Rivers: Wike overplaying his political cards – Modibo

14 hours ago
Atiku, Tambuwal responsible for PDP’s downfall – Fayose

Atiku, Tambuwal responsible for PDP’s downfall – Fayose

14 hours ago
I am still in PDP, closely watching happenings — Senator Dickson

I am still in PDP, closely watching happenings — Senator Dickson

14 hours ago
ABIA STATE: NLC AND TUC SUSPENDS STRIKE

Alex Otti becomes Labour Party National Leader

14 hours ago
Gov Fubara impeachment process still on course – State Assembly

Gov Fubara impeachment process still on course – State Assembly

14 hours ago
Seven Akwa Ibom Lawmakers Defect to APC, Citing Party Divisions

Rivers: We’ve inherited PDP problems – APC spokesman

2 days ago

YOUR ECONOMY

Dangote Refinery drops Petrol Price For Marketers
Economy

Petrol marketers expect cheaper fuel price, waiting Dangote Refinery’s action

4 days ago
Nigerian Airlines Struggle with High Maintenance Costs Amid Currency Crisis
Economy

Naira gains against US dollar as Nigeria’s foreign reserves rise to $45.57bn

5 days ago
CBN to Nigerian banks: Introduce MFA for foreign card transactions on POS, ATMs
Economy

CBN to Nigerian banks: Introduce MFA for foreign card transactions on POS, ATMs

3 weeks ago
Dangote alleges economic sabotage by NMDPRA Chief, demands probe
Economy

Dangote alleges economic sabotage by NMDPRA Chief, demands probe

4 weeks ago
Tinubu orders conversion of grazing reserves to ranches
Economy

Tinubu orders conversion of grazing reserves to ranches

1 month ago
Niger Delta youths disassociate from anti-Ojulari protest
Economy

NNPC E&P records 355,000bpd output, first since 1989

1 month ago

E & P

Benin’s Victory Sparks Tension As Nigeria Gears Up For AFCON Showdown
National

AFCON: Super Eagles’ qualifies for quarter-final after beating Mozambique 4-0

by Steven Atogi
5 days ago
0

Nigeria’s 2025 Africa Cup of Nations, AFCON, title hope received a boost on Monday night after their overwhelming 4-0 win...

‘Huge mistake’ – Rio Ferdinand blasts Man United over Victor Osimhen

‘Huge mistake’ – Rio Ferdinand blasts Man United over Victor Osimhen

6 days ago
AFCON: Mozambique players offered huge bonuses to beat Nigeria

AFCON: Mozambique players offered huge bonuses to beat Nigeria

1 week ago
AFCON 2025: Four Super Eagles stars risk suspension in knockout game

AFCON 2025: Four Super Eagles stars risk suspension in knockout game

2 weeks ago
AFCON: Super Eagles Alex Iwobi equals ex-captain Obi Mikel’s record

AFCON: Super Eagles Alex Iwobi equals ex-captain Obi Mikel’s record

2 weeks ago
Nigeria vs Tanzania AFCON 2025: Osimhen Declares War

Nigeria vs Tanzania AFCON 2025: Osimhen Declares War

3 weeks ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
3 months ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
3 months ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
4 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
4 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
5 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Rivers: My issue is not with Fubara; He is my boy – Wike

Rivers: Wike overplaying his political cards – Modibo

January 10, 2026
Atiku, Tambuwal responsible for PDP’s downfall – Fayose

Atiku, Tambuwal responsible for PDP’s downfall – Fayose

January 10, 2026
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address