Col. Hameed Ali (rtd) orders removal of rice from import restriction list....

NIGERIA- The Comptroller-General of Customs, Col. Hameed Ali (rtd), has ordered the immediate removal of rice from import restriction list and the re-introduction of import duty payment at land borders.

The Public Relations Officer of customs, Mr Wale Adeniyi, made this known in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

He said that the restriction was only applied at land border stations before now, adding that the customs boss had lifted restriction on rice at border stations.

 

Adeniyi said that all rice imports through land borders by rice traders would attract the prevailing import duty of 10 per cent with 60 per cent levy.

Nigeria’s agro industry holds 10m job opportunity

Urgent diversification of the economy through expansion of agro- industries has been brought to the fore, as Roberts Orya, CEO, Nigerian Export Import Bank, says the industry holds 10 million job opportunity.

According to him, the most important pillar for promoting Nigeria’s agro- industrial sector is the po- tential for job creation across the agric value chain.