• About Us
  • Contact Us
  • Privacy & Policy
Friday, January 16, 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 petrol’s N739 per liter price in filling station competitive – Bird
Economy

Dangote petrol’s N739 per liter price in filling station competitive – Bird

1 day ago
More tax: Nigerian banks to charge 7.5% VAT on transfers, USSD transactions
Economy

More tax: Nigerian banks to charge 7.5% VAT on transfers, USSD transactions

1 day ago
Dangote Refinery drops Petrol Price For Marketers
Economy

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

1 week 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

1 week 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

Gov Fubara impeachment process still on course – State Assembly
National

Rivers Assembly failed to sit amid impeachment plot against Speaker Amaewhule

6 hours ago
Atiku son’s move to APC ‘not good’ – Adamu Garba
National

Atiku son’s move to APC ‘not good’ – Adamu Garba

8 hours ago
Rivers: Fubara loyalists boycott LG election as Wike regains political structure
National

Wike vs Fubara fight stifling governance in Rivers

8 hours ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP
National

His decision, not mine — Atiku Abubakar reacts as son joins APC

8 hours ago
Ondo Election: Voters Prepare for a Historic Choice as Over 1.7 Million Head to the Polls
National

Fubara’s impeachment plot: Labour Party sues for peace

8 hours ago
2027: Peter Obi is not tough opposition for Tinubu — Segun Sowunmi
National

2027: Peter Obi is not tough opposition for Tinubu — Segun Sowunmi

8 hours ago

POLITICS

Gov Fubara impeachment process still on course – State Assembly

Rivers Assembly failed to sit amid impeachment plot against Speaker Amaewhule

6 hours ago
Atiku son’s move to APC ‘not good’ – Adamu Garba

Atiku son’s move to APC ‘not good’ – Adamu Garba

8 hours ago
Rivers: Fubara loyalists boycott LG election as Wike regains political structure

Wike vs Fubara fight stifling governance in Rivers

8 hours ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP

His decision, not mine — Atiku Abubakar reacts as son joins APC

8 hours ago
Ondo Election: Voters Prepare for a Historic Choice as Over 1.7 Million Head to the Polls

Fubara’s impeachment plot: Labour Party sues for peace

8 hours ago
2027: Peter Obi is not tough opposition for Tinubu — Segun Sowunmi

2027: Peter Obi is not tough opposition for Tinubu — Segun Sowunmi

8 hours ago

YOUR ECONOMY

Dangote petrol’s N739 per liter price in filling station competitive – Bird
Economy

Dangote petrol’s N739 per liter price in filling station competitive – Bird

1 day ago
More tax: Nigerian banks to charge 7.5% VAT on transfers, USSD transactions
Economy

More tax: Nigerian banks to charge 7.5% VAT on transfers, USSD transactions

1 day ago
Dangote Refinery drops Petrol Price For Marketers
Economy

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

1 week 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

1 week 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

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

Dangote alleges economic sabotage by NMDPRA Chief, demands probe

1 month ago

E & P

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

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

by Steven Atogi
4 days ago
0

Super Eagles captain Wilfred Ndidi and Ryan Alebiosu still have a chance of featuring for Nigeria at the ongoing 2025...

Nigerian attacker Boniface begins rehabilitation after successful knee injury

Nigerian attacker Boniface begins rehabilitation after successful knee injury

5 days ago
Benin’s Victory Sparks Tension As Nigeria Gears Up For AFCON Showdown

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

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

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

2 weeks ago
AFCON: Mozambique players offered huge bonuses to beat Nigeria

AFCON: Mozambique players offered huge bonuses to beat Nigeria

2 weeks 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

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
4 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

Gov Fubara impeachment process still on course – State Assembly

Rivers Assembly failed to sit amid impeachment plot against Speaker Amaewhule

January 16, 2026
Atiku son’s move to APC ‘not good’ – Adamu Garba

Atiku son’s move to APC ‘not good’ – Adamu Garba

January 16, 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