• About
  • Advertise
  • Contact
Friday, July 25, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Agriculture/ Water/ Mineral

FG Moves Against High Cost Of Food Prices, Introduces Duty-Free Importation Of Food Commodities

Vital News by Vital News
July 8, 2024
in Agriculture/ Water/ Mineral
0
FG, IITA, World Bank To Partner On Innovative Agricultural Practices
Share on FacebookShare on Twitter

The Federal Government on Monday announced the suspension of payment of duties on importation of food commodities into the country.

The Minister of Agriculture and Food Security, Abubakar Kyari announced the new measures during a press conference in Abuja.

He said this and other measures were meant to overcome high cost food prices.

However, Kyari, said the measures will be implemented over the next 180 days.

He listed the measures to include a 150-Day Duty-Free Import Window for Food Commodities and suspension of duties, tariffs and taxes for the importation of certain food commodities through  land and sea borders.

RelatedStories

Food Security : Dangote, Niger State Govt. Sign Agreement To boost Rice Production

Kogi ADP, L-PRES Trains 2,500 Livestock Farmers On Climate Smart Agriculture

Coordinator, Zero Hunger Nigeria, Arosanyin, Urges States, LGs To Invest More In Agriculture To Prevent Food Shortages

Kogi Distributes Fertilisers Worth ₦3.2billion To 30,000 Farmers

According to him,  commodities including maize, husked brown rice, wheat and cowpeas will be subjected to
Recommended Retail  Price (RRP) under this arrangement.

“I am aware that some good citizens might be concerned about the quality of the would-be imported food commodities as it relates to the trending worries around the genetic composition of food.)

“I am glad to
reiterate that the government’s position exemplifies standards that would not compromise the safety of the various food items for consumption.

“In addition to the importation by private sector, Federal Government will import 250,000MT of Wheat
and 250,000MT of Maize.

“The imported food commodities in their semi processed state will target
supplies to the small-scale processors and millers across the country.”

He said government will also engage relevant stakeholders to set a Guaranteed Minimum Price (GMP) and mop up surplus assorted food commodities to restock the National Strategic Food Reserve.

“Continuous ramp-up production for the 2024/2025 farming cycle.
a. sustained support to smallholder farmers in the ongoing wet season farming through existing
government initiatives.

“Strengthen and accelerate Dry Season Farming across the country.

“Embark on aggressive agricultural mechanization and development to reduce drudgery, drive down the cost of production and boost productivity.

“Collaborate with Sub-National to identify irrigable lands and increase land under cultivation.

“Work closely with the Federal Ministry of Water Resources and Sanitation, to rehabilitate and maintain irrigation facilities under river basin authorities across the federation.

“Development of a strategic engagement for youth and women across the federation for immediate greenhouse cultivation of horticultural crops such as tomatoes and pepper to  increase production volume, stabilize prices, and address food shortages.

“Fast-tracking ongoing engagements with the Nigerian Military to rapidly cultivate arable lands  under the Defence Farms Scheme, while encouraging other Para-Military establishments to put secured available arable lands to cultivation.

“The Renewed Hope National Livestock Transformation Implementation Committee will be  inaugurated on Tuesday, 9th July 2024 with a view to developing and implementing policies that prioritize livestock development and ensure alignment with the National Livestock Transformation Plan,” he said.

Kyari further explained that under the new initiative : “enhancement of Nutrition Security through the promotion of production of fortified food commodities and offer necessary support to scale up the Home Garden Initiative by the Office of The First Lady  of the Federal Republic of Nigeria.

“Over the next 14 days, in close collaboration with the Presidential Food Systems Coordinating Unit
(PFSCU) and the Economic Management Team (EMT), we will convene with the respective Agencies
to finalize the implementation frameworks.

“We will ensure that information is publicly available to facilitate the participation of all relevant stakeholders across the country.

“The PFSCU will manage a
dashboard for Mr. President, providing him with direct visibility into these interventions and ensuring accountability.

“The success of the measures aforementioned is contingent on cooperation and collaboration of all relevant MDAs and stakeholders.

As our nation confronts a critical food security challenge, let me reiterate Mr. President’s unwavering commitment to attaining food security and ensuring that no Nigerian goes to bed hungry.

“To this end, I can assure all Nigerians, that my team and I, will swiftly and diligently actualize these crucial policies to ensure food security for everyone in the country in the immediate term as we also continue our  strategies for long-term interventions to address the underlying causes and ensure sustainable and  resilient food systems in the country.(vitalnewsngr.com)

Tags: dutyfoodfreePrices
Previous Post

Hijrah 1446 A.H : Emir Of Ilorin Felicitates With Muslims, Gov. Abdulrazak Urges Muslims To Imbibe Lessons Of Hijrah

Next Post

Abiodun Gives Contractor Two Weeks Deadline To Complete Denro/Ishashi/Akute Road

Vital News

Vital News

RelatedStories

Food Security : Dangote, Niger State Govt. Sign Agreement To boost Rice Production
Agriculture/ Water/ Mineral

Food Security : Dangote, Niger State Govt. Sign Agreement To boost Rice Production

July 25, 2025
Kogi ADP,  L-PRES Trains 2,500 Livestock Farmers On Climate Smart Agriculture
Agriculture/ Water/ Mineral

Kogi ADP, L-PRES Trains 2,500 Livestock Farmers On Climate Smart Agriculture

July 17, 2025
Coordinator, Zero Hunger Nigeria, Arosanyin, Urges States, LGs To Invest More In Agriculture To Prevent Food Shortages
Agriculture/ Water/ Mineral

Coordinator, Zero Hunger Nigeria, Arosanyin, Urges States, LGs To Invest More In Agriculture To Prevent Food Shortages

July 14, 2025
Kogi Distributes Fertilisers Worth ₦3.2billion To 30,000 Farmers
Agriculture/ Water/ Mineral

Kogi Distributes Fertilisers Worth ₦3.2billion To 30,000 Farmers

July 3, 2025
Dangote Cement Empowers 50 Agripreneurs In Benue
Agriculture/ Water/ Mineral

Dangote Cement Empowers 50 Agripreneurs In Benue

July 3, 2025
Next Post
Abiodun Gives Contractor Two Weeks Deadline To Complete Denro/Ishashi/Akute Road

Abiodun Gives Contractor Two Weeks Deadline To Complete Denro/Ishashi/Akute Road

FG Terminates Obajana – Benin Road Dualization Contracts Awarded To RCC, Mothercat, Others

FG Gives 37 Contractors Three Months Deadline To Complete 260 Road Projects

Kogi HOS Congratulates Governor Ododo On Tribunal Victory

Kogi Suspends Two Secondary School Principals Over Extortion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Niger Coup : Tinubu Canvasses Dialogue To Resolve Impasse At ECOWAS Leaders’ Meeting In Abuja

It’s Not Too Late To Reconsider Your Actions – ECOWAS Tells Niger Junta

2 years ago
The Unfolding Mambilla Drama In Nigeria – An Update

Mambilla Power Project : Agunloye Heads To Appeal Court Over Ruling On Fundamental Rights

1 year ago
6 Suspects Arrested For Attacking Senator Echocho At Kogi Government House

6 Suspects Arrested For Attacking Senator Echocho At Kogi Government House

2 years ago

Expert advises Buhari on adoption of direct primary

4 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

LPPC Approves Elevation Of 57 Lawyers To SAN Rank

3SC FC Sacks Coach Ogunbote, Dimeji Lawal, Entire Technical Crew

Dr Dr.Ibrahim Ismaila Mosimabale Appointed Substantive Provost Of FCE, Okene

Professor Yilwatda Is APC’s New National Chairman

Alleged Killer Of Lokoja Photojournalist, Oluwapelumi Adebayo Found Dead In Hotel Room, Leaves Suicide Note

Gov. Ododo Inspects Ultra- modern Market, Three Other Ongoing Projects In Lokoja

Trending

Nurudeen Aweroro Appointed New Coach Of 3SC FC
Football

Nurudeen Aweroro Appointed New Coach Of 3SC FC

by Vital News
July 25, 2025
0

The management of the 3SC Football Club, Ibadan, has appointed Nurudeen Aweroro as the new Head Coach...

Hardship : PDP Governors Meet In Asaba, Call On FG To Rejig Economic Policies

PDP To Elect New National Officers In November, Shifts National Convention To Ibadan

July 25, 2025
Food Security : Dangote, Niger State Govt. Sign Agreement To boost Rice Production

Food Security : Dangote, Niger State Govt. Sign Agreement To boost Rice Production

July 25, 2025
LPPC Shortlists 74 Lawyers For SAN Rank, Calls For Public Scrutiny

LPPC Approves Elevation Of 57 Lawyers To SAN Rank

July 25, 2025
3SC FC Sacks Coach Ogunbote, Dimeji Lawal, Entire Technical Crew

3SC FC Sacks Coach Ogunbote, Dimeji Lawal, Entire Technical Crew

July 25, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Nurudeen Aweroro Appointed New Coach Of 3SC FC July 25, 2025
  • PDP To Elect New National Officers In November, Shifts National Convention To Ibadan July 25, 2025
  • Food Security : Dangote, Niger State Govt. Sign Agreement To boost Rice Production July 25, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In