• About Us
  • Contact Us
  • Privacy & Policy
Saturday, March 7, 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

Naira gains against US dollar significantly
Economy

Naira hits highest single-day depreciation against US dollar

4 days ago
Naira gains against US dollar significantly
Economy

Naira records straight three days depreciation against US dollar

1 week ago
Naira ends week on positive note against dollar
Economy

Naira will appreciate to N1,000 per dollar in coming weeks – Tinubu

2 weeks ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery eyes depot owners, major marketers in new marketing strategy

2 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

Christians being killed everyday in Nigeria – US lawmaker, Rep Moore insists
International

They’re forcing Christians to convert or die – US lawmaker reacts to Adamawa terrorists’ attack

2 days ago
Nigeria and Brazil to sign MoU on direct flight
National

OPL 245: Tinubu resolves 15-year dispute over Nigeria’s largest untapped oil block

2 days ago
Electoral Act does not benefit Nigerian masses, only politians – IPAC
National

Electoral Act does not benefit Nigerian masses, only politians – IPAC

2 days ago
Edo Decides: Aisha Yesufu Slams Governor Obaseki for Crying Over Election Results
National

ADC has 200 million supporters, APC has 30 govs – Aisha Yesufu

2 days ago
2027: Murray-Bruce defection to APC not surprising – Dele Momodu
National

2027: APC trying to make Tinubu only one on ballot – Dele Momodu

2 days ago
EPL: Why we lost 2-1 to Newcastle – Man Utd coach Carrick, explains
National

EPL: Why we lost 2-1 to Newcastle – Man Utd coach Carrick, explains

3 days ago

POLITICS

Electoral Act does not benefit Nigerian masses, only politians – IPAC

Electoral Act does not benefit Nigerian masses, only politians – IPAC

2 days ago
Edo Decides: Aisha Yesufu Slams Governor Obaseki for Crying Over Election Results

ADC has 200 million supporters, APC has 30 govs – Aisha Yesufu

2 days ago
2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2027: APC trying to make Tinubu only one on ballot – Dele Momodu

2 days ago
Nigeria’s democracy now a joke – Mahdi Shehu laments over by-elections

Mahdi Shehu knocks PDP over Dauda Lawal’s next political move

3 days ago
Governor Mutfwang Dissolves Local Government Transition Committee in Plateau State

2027: We have no real opposition in Plateau – Gov Mutfwang boasts

3 days ago
I will never betray my predecessor – Gov Buni declares

I will never betray my predecessor – Gov Buni declares

4 days ago

YOUR ECONOMY

Naira gains against US dollar significantly
Economy

Naira hits highest single-day depreciation against US dollar

4 days ago
Naira gains against US dollar significantly
Economy

Naira records straight three days depreciation against US dollar

1 week ago
Naira ends week on positive note against dollar
Economy

Naira will appreciate to N1,000 per dollar in coming weeks – Tinubu

2 weeks ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery eyes depot owners, major marketers in new marketing strategy

2 weeks ago
28 ships loaded with fuel, waiting to berth at Lagos ports
Economy

28 ships loaded with fuel, waiting to berth at Lagos ports

2 weeks ago
Naira gains against US dollar significantly
Economy

Naira gains against US dollar significantly

3 weeks ago

E & P

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid
Sports

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

by Steven Atogi
2 weeks ago
0

Former Manchester United striker, Odion Ighalo has expressed confidence that Ademola Lookman will excel under manager Diego Simeone at Atlético...

It’s the toughest season of my career, says Pep Guardiola of Man City

EPL: Three managers shortlisted to replace Guardiola at Man City

1 month ago
Transfer: Ademola Lookman lands in Madrid ahead of medicals

Transfer: Ademola Lookman lands in Madrid ahead of medicals

1 month ago
AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

2 months ago
Why I won’t coach Mali again — Chelle

Why I won’t coach Mali again — Chelle

2 months ago
AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

2 months 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
5 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
5 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
6 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
6 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
7 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

Christians being killed everyday in Nigeria – US lawmaker, Rep Moore insists

They’re forcing Christians to convert or die – US lawmaker reacts to Adamawa terrorists’ attack

March 6, 2026
Nigeria and Brazil to sign MoU on direct flight

OPL 245: Tinubu resolves 15-year dispute over Nigeria’s largest untapped oil block

March 6, 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