Economy

Good News! Nigerian Customs Lifts Ban on Importation of Rice (Read Details)

Published

8 years ago

October 8, 2016

The Comptroller-General of Customs, Col. Hameed Ali (rtd), has ordered the removal of rice from the import restriction list, and also re-introduced the payment of import duty on all land borders across the federation.

Speaking in an interview with newsmen in Abuja, the Public Relations Officer of Nigeria Customs Service, Wale Adeniyi, disclosed that the Comptroller-General of Customs, Col. Hameed Ali (rtd), has ordered the immediate lifting of the ban on rice importation from import restriction list and the re-introduction of import duty payment at land borders.

According to Vanguard, he said 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, adding that rice millers (preferential levy) with valid quota allocation would also attract duty rate of 10 per cent with 20 per cent levy on rice importation.

“Over the years importation has been restricted to the seaports because border authorities have found it difficult to effectively monitor and control importation of rice.

“When the decision to ban it (rice) was taken it was not an effective measure because smuggling of the product thrives with people using different means of conveyance including small trucks, bicycles and even animals – putting them on donkeys and some actually carry it on their heads.

“These new measures will be for customs to re-organize their anti-smuggling operations in the border areas and ensure that all those importers through the borders bring their rice through approved routes and pay their extant duty,” he said.