By Emma Ujah

The Nigeria Customs Service (NCS) is to forfeit an estimated N188.37 billion in the six months within which the Tariff-free foods imports of President Bola Tinubu would be implemented.


The Comptroller-General (C-G) of the NCS, Mr. Wale Adeniyi, disclosed this at an ongoing Public Lecture and Book Presentation of Economic Confedential in Abuja.

The C-G described food security as a national security issue that required a well-coordinated approach from all stakeholders.


He said special corridors would be created to facilitate the clearance of the affected food items- including rice maize and wheat.


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https://www.vanguardngr.com/2024/08/breaking-food-imports-customs-to-forfeit-n188-4bn-revenue/amp/

So far it will lead to a fall in price of wheat, rice, tomatoes etc I don't mind

Hope it won't be stolen.

If its gonna bring about a significant decrease in prices of foodstuffs, then thats a fair thing

Since when dem no dey forfeit revenue, wetin we gain?

PBAT thought this through before now and this is the way to go