FG to lose N188.37bn from 6-month tariff waiver on key staple foods

Tribune OnlineFG to lose N188.37bn from 6-month tariff waiver on key staple foodsTHE Federal Government’s recent six-month tariff and import duties suspension on key staple foods – rice, wheat, maize, and sorghum could result in a revenue forfeiture of approximately N188.37 billion. This is based on the Nigeria Customs Service (NCS) estimate that disclosed that from 2020 to 2023, the total import of these food items (beans, [...]FG to lose N188.37bn from 6-month tariff waiver on key staple foodsTribune Online

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