FG rolls out measures to crash excessive meals costs, grants 150-day duty-free import for meals commodities
FG rolls out measures to crash excessive meals costs, grants 150-day duty-free import for meals commodities
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Senator Abubakar Kyari, Minister of Agriculture and Meals Safety
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By Kazeem Ugbodaga
The Federal Authorities on Monday rolled out measures to crash excessive meals costs within the nation, one in every of which is to grant a 150-day duty-free import window for meals commodities.
Nigeria’s Minister of Agriculture and Meals Safety, Abubakar Kyari unveiled the measures at a information convention in Abuja on Monday.
He mentioned the {Economic} Administration Workforce (EMT), which is a part of the Presidential {Economic} Coordination Council (PECC) constituted by President Bola Tinubu in March 2024 got here up with the measures to crash excessive meals costs within the nation.
Kyari acknowledged that the EMT had been assembly day and evening understanding one of the best modalities to realize one of the best outcomes for Nigerians, saying that to ameliorate meals inflation within the nation brought on by affordability and exacerbated by availability, the federal government had taken a raft of measures to be carried out over the subsequent 180 days.
One of many measures, he mentioned, was granting a 150-day duty-free import window for meals commodities, saying this included the suspension of duties, tariffs and taxes for the importation of sure meals commodities (by way of land and sea borders).
The commodities, he mentioned, included maize, husked brown rice, wheat and cowpeas, explaining that underneath this association, imported meals commodities can be subjected to a Really helpful Retail Worth (RRP).
“I’m conscious that some good residents is likely to be involved of the standard of the can be imported meals commodities because it pertains to the trending worries round genetic composition of meals. I’m glad to reiterate that the Authorities’s place exemplifies requirements that may not compromise the protection of the assorted meals gadgets for consumption,” he mentioned.
Along with the importation by non-public sector, Kyari mentioned the Federal Authorities would import 250,000 metric tonnes of wheat and 250,000 metric tonnes of maize, saying the imported meals commodities of their semi-processed state would goal provides to the small-scale processors and millers throughout the nation.
One other measure, he acknowledged was the engagement of related stakeholders to set a Assured Minimal Worth (GMP) and mop up surplus assorted meals commodities to restock the Nationwide Strategic Meals Reserve in addition to the continual ramp-up production for the 2024/2025 farming cycle, which included sustained assist to smallholder farmers within the ongoing moist season farming by way of present authorities initiatives and strengthen and speed up Dry Season Farming throughout the nation.
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Others are embarking on aggressive agricultural mechanization and growth to scale back drudgery, drive
down the price of production and increase productiveness, collaborating with Sub-Nationwide to establish irrigable lands and enhance land underneath cultivation, working intently with the Federal Ministry of Water Assets and Sanitation, to rehabilitate and keep irrigation amenities underneath river basin authorities throughout the federation; growth of a strategic engagement for youth and ladies throughout the federation for quick greenhouse cultivation of horticultural crops resembling tomatoes and pepper to extend production quantity, stabilize costs, and tackle meals shortages and fast-tracking ongoing engagements with the Nigerian Navy to quickly domesticate arable lands underneath the Defence Farms Scheme, whereas encouraging different Para-Navy institutions to place secured obtainable arable lands to cultivation.
One other measure, the minister revealed was the deliberate inauguration of the Renewed Hope Nationwide Livestock Transformation Implementation Committee on Tuesday, ninth July 2024, with a view to develop and implement insurance policies that prioritized livestock growth and guarantee alignment with the Nationwide Livestock Transformation Plan.
Kyari mentioned there can be the enhancement of vitamin safety by way of the promotion of production of fortified meals commodities and supply mandatory assist to scale up the Dwelling Backyard Initiative by the Workplace of The First Woman
of the Federal Republic of Nigeria.
“Over the subsequent 14 days, in shut collaboration with the Presidential Meals Methods Coordinating Unit (PFSCU) and the {Economic} Administration Workforce (EMT), we’ll convene with the respective Companies to finalize the implementation frameworks.
“We are going to be certain that data is publicly obtainable to facilitate the participation of all related stakeholders throughout the nation. The PFSCU will handle a dashboard for Mr. President, offering him with direct visibility into these interventions and guarantee accountability,” he added.
The minister mentioned the success of the measures is contingent on the cooperation and collaboration of all related MDAs and stakeholders.
“As our nation confronts a crucial meals safety problem, let me reiterate Mr. President’s unwavering dedication to attaining meals safety and making certain that no Nigerian goes to mattress hungry.
“To this finish, I can guarantee all Nigerians, that my workforce and I, will swiftly and diligently actualize these essential insurance policies to make sure meals safety for everybody within the nation within the quick time period as we additionally proceed our methods for long run interventions to handle the underlying causes and guarantee sustainable and resilient meals programs within the nation,” Kyari acknowledged.