President Bola Ahmed Tinubu’s government is focused on long-term measures to boost food production and reduce inflation.
The Minister of Finance, Wale Edun stated this in a statement on the Ministry’s X account after the Nigeria Customs Service Board meeting held on Tuesday, 10 September, 2024 in Abuja.
At the meeting, the Minister and the Customs Service board members discussed the implementation of the zero percent duty on selected food imports.
According to Edun, the tax waiver will tackle the ongoing food shortage and curb rising food prices.