x

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

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.

Hot this week

Gbede APC Leaders Endorse Hon. Salman Idris for Second Term in House of Representatives

By Noah Ocheni, Lokoja Leaders of the All Progressives Congress...

2025 AFCON: What Late Stephen Keshi Told Me About Corruption in Team Selection – Mikel

Former Super Eagles captain and Chelsea midfielder, John Obi...

FRSC Confirms Four Dead, Seven Injured in Kogi Road Accident on Lokoja–Ajaokuta Highway 

 By Noah Ocheni, LokojaThe Federal Road Safety Corps (FRSC)...

Ace Initiative Expands Indigenous Climate Education Through Schools, Universities, Expert Dialogue

By Noah Ocheni, LokojaThe Ace Initiative for Sustainable Development...

Most peaceful states to live in Nigeria

When many people think of Nigeria, images of relentless...

JUST IN: Tinubu Presides Over APC National Caucus Meeting in Abuja

President Bola Tinubu is currently presiding over a meeting...

Tinubu Reconstitutes NERC Board

President Bola Tinubu has approved the reconstitution of the...

Senate Confirms Fani-Kayode, Reno Omokri, 62 Others as Ambassadors

The Senate on Thursday confirmed 64 ambassadorial nominees submitted...

Nigeria-China Cooperation in 2025 And Beyond

By Charles OnunaijuAs the eventful year of 2025 draws...

Related Articles

Popular Categories

spot_imgspot_img