x

Buhari Approves Import Duty, VAT Waivers For Critical Medical Equipment

President Muhammadu Buhari has approved the waiver of import duty and Value Added Tax (VAT) for critical medical equipment and supplies.

The Presidency revealed this in a series of tweets on Thursday, saying the waiver was for a period of six months in the first instance.

It explained that the President’s action was part of measures put in place by the Nigerian government to address the impact of the COVID-19 pandemic on its economy.

According to the Presidency, the waivers which are the latest of the fiscal policies also aim to boost the health infrastructure in the country.

Meanwhile, President Buhari has directed the Nigeria Customs Service to ensure critical medical equipment and supplies were given expedited clearance at all times.

He stressed that this should be done in line with the standard operating procedures for the clearance of humanitarian and relief materials.

The Presidency noted that the measures to facilitate the importation of some COVID-19 essential medical supplies were in line with the indicative list recommended by the World Customs Organisation and the World Health Organisation (WHO).

It added that the list was reviewed by the Ministry of Industry, Trade and Investment, as well as the Ministry of Finance, Budget and National Planning

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Former Plateau Governor’s Aide Calls for Unity in PDP Amid Internal Rifts

By Israel Adamu, Jos A media consultant to former Plateau...

Kaduna Journalist Decries Threats to Life Over Report on Security Raids

By Achadu Gabriel, Kaduna Kaduna-based investigative journalist, Mr. Idibia U.A....

Sokoto State Flags Off Landmark Gas Cylinder Distribution Program

By Muhammad Ibrahim, Sokoto The Sokoto State Government, in collaboration...

Advancing China-Africa Relations: Second Post-FOCAC Forum Holds in Abuja

The Centre for Contemporary Africa-China Research in Nigeria on...

Kaduna: Security Operatives Raid Hotels, Arrest Dozens of Suspects

By Achadu Gabriel, Kaduna Security operatives, suspected to be members...

17 States Set to Celebrate Olympic Day Across Nigeria on June 28

As the June 28, 2025, Olympic Day approaches, 17...
spot_img

Related Articles

Popular Categories

spot_imgspot_img