Tag: tariffs

FG Suspends Taxes, Duties on Importation of Food Items

FG Suspends Taxes, Duties on Importation of Food Items

Hetty

The Federal Government on Monday announced the suspension of duties, tariffs and taxes for the importation of some food items through land and sea borders. The foods include maize, husked brown rice, wheat, and cowpeas. The Minister of Agriculture and Food Security, Abubakar Kyari while announcing a 150-Day Duty-Free Import Window for food commodities said, […]

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Tinubu Increases Salaries of Judicial Officers by 300%

Tinubu Signs Executive Order to Introduce Zero Duties on Pharmaceuticals

Hetty

President Bola Tinubu has signed an executive order to introduce zero tariffs, excise duties and Value-Added Tax (VAT) on imported pharmaceutical inputs. The order introduced zero tariffs, excise duties, and Value-Added Tax (VAT) on specified machinery, equipment, and raw materials imported for pharmaceutical production. The coordinating Minister of Health and Social Welfare, Muhammad Ali Pate, […]

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