x

Nigeria Customs Service Clarifies: Rice Remains Restricted Despite Forex Ban Lift

Must read

The Nigeria Customs Service (NCS) has clarified that rice remains a restricted commodity despite the recent lifting of the ban on foreign exchange for its imports. The NCS spokesperson, Abdullahi Maiwada, emphasized that rice, as a restricted item, would be confiscated if imported through land borders. The rising cost of rice, now selling between N55,000 and N60,000 for a 50kg bag, has prompted questions about the effectiveness of the forex ban lift. The NCS asserted that the forex ban lift did not change the status of rice as a restricted commodity, and any policy changes would be communicated to the public.

Copyright DAYBREAK NIGERIA.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from DAYBREAK NIGERIA.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article