essential food items

Tinubu Approves Zero Import Duty, VAT Exemption on Essential Food Items

Aug 14, 2024. by Ekohot Editor

President Bola Tinubu has authorized the implementation of a zero percent import duty and the exemption of value-added tax (VAT) on essential food items. This decision was confirmed in a letter from the Ministry of Finance to the Nigeria Customs Service (NCS). In the letter, Finance Minister Wale Edun explained that this measure aims to … Read more

Lagos Govt Commences Subsidized Food Markets Today

Mar 17, 2024.Mar 17, 2024. by Praise Ben

EKO HOT BLOG reports in a bid to alleviate the economic strain on its citizens, the Lagos State Government (LASG) is set to launch subsidized food markets across all local government areas in the state, following engagements with the Ministry of Agriculture. Starting from today Sunday, March 17, 2024, residents will have access to essential food … Read more