FG suspends food imports duty, partners states on farming

The Federal Government of Nigeria announced a 150-day duty-free import window for maize, rice, wheat, and cowpeas to combat rising food prices. This initiative aims to alleviate food inflation, support small-scale processors, and expand local agricultural efforts in collaboration with states and the military. Source: Punchline

Our Review
The Nigerian government’s 150-day duty-free import window for maize, rice, wheat, and cowpeas aims to combat food inflation and improve affordability. By collaborating with states and the military to expand land cultivation, this initiative targets both immediate relief and long-term agricultural productivity. However, experts emphasize the need for sustained local farming support to prevent dependency on imports. Long-term measures should focus on modernizing agriculture, enhancing infrastructure, and ensuring security for farmers to foster sustainable growth.