• About
  • Advertise
  • Contact
Thursday, July 24, 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

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

Dangote Cement Empowers 50 Agripreneurs In Benue

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

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
Kogi RAAMP Signs N4.03billion Market Upgrade Contracts
Agriculture/ Water/ Mineral

Kogi RAAMP Signs N4.03billion Market Upgrade Contracts

June 15, 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

You Goofed On Nigeria’s GDP At Independence, IMPI Tells AfDB President, Adesina

You Goofed On Nigeria’s GDP At Independence, IMPI Tells AfDB President, Adesina

3 months ago
Kogi 2023 : Ododo Visits Ex-Gov Wada, Seeks His Support, Blessing

Kogi 2023 : Ododo Visits Ex-Gov Wada, Seeks His Support, Blessing

2 years ago
Ogun Govt Disowns Online Cash Palliative Message

Excitement As Ogun Gets Set To Host 13th Gateway International Trade Fair

1 year ago
NJC Formally Recommends Kudirat Kekere-Ekun For Appointment As Chief Justice of Nigeria

President Tinubu Swears In Justice Kudirat Kekere-Ekun As 23rd Chief Justice of Nigeria

11 months 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

The President Landed At Gateway Airport, And Floodgates Of Goodwill Were Opened By Kayode Akinmade

12 Suspected Kidnappers, One Informant Arrested In Kogi, Kwara

Kogi Records Lowest Out-of-School Rate In Northern Nigeria — Ododo’s Spokesperson

NDLEA, Police Service Commission Agree On Need To Conduct Drug Integrity Test For New Recruits

Senate Confirms FG’s Readiness To Pay N-POWER Beneficiaries N81billion Backlog Allowances

Africa Losing $90bln Annually To Importation Of Substandard Fuel, Dangote Laments

Trending

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist
Crime

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist

by Vital News
July 23, 2025
0

Police in Lokoja have launched a manhunt for one Oluwapelumi Adebayo for alleged gruesome killing of a...

No Place For Any Form Of Bullying In Lagos State –  Commissioner

No Place For Any Form Of Bullying In Lagos State – Commissioner

July 23, 2025
Africans In Position To Develop Africa, Dangote Tells Global CEOs

Dangote Urges African Leaders To Protect Local Industries From Unfair Competition

July 23, 2025
Eid -el-Adha : Governor Abiodun Congratulates Muslims,Charges Them On Selflessness, Compassion

The President Landed At Gateway Airport, And Floodgates Of Goodwill Were Opened By Kayode Akinmade

July 23, 2025
12 Suspected Kidnappers, One Informant Arrested In Kogi, Kwara

12 Suspected Kidnappers, One Informant Arrested In Kogi, Kwara

July 23, 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

  • Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist July 23, 2025
  • No Place For Any Form Of Bullying In Lagos State – Commissioner July 23, 2025
  • Dangote Urges African Leaders To Protect Local Industries From Unfair Competition July 23, 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