Connect with us


BIG STORY

BREAKING: FG Unveils Measures To Overcome High Food Prices, To Suspend Taxes On Importation Of Food Commodities For 180 Days

Published

on

The Nigerian government has declared a temporary suspension of duties, tariffs, and taxes on the importation of specific food items, including maize, husked brown rice, wheat, and cowpeas.

According to a statement released by Abubakar Kyari, the Minister of Agriculture and Food Security, on Monday, this measure is part of a comprehensive plan to address food inflation in Nigeria over the next 180 days.

This move aims to provide relief and mitigate the effects of food price increases in the country.

At a press briefing today, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, said the measures will be implemented over the next 180 days:

1. A 150-Day Duty-Free Import Window for Food Commodities

a. suspension of duties, tariffs and taxes for the importation of certain food commodities (through land and sea borders)

b. These commodities include Maize, Husked Brown Rice, Wheat and Cowpeas

c. Under this arrangement, imported food commodities will be subjected to a Recommended Retail Price (RRP).

(I am aware that some good citizens might be concerned about the quality of the would-be imported food commodities as it relates to the trending worries around the genetic composition of food.) I am glad to reiterate that the Government’s position exemplifies standards that would not compromise the safety of the various food items for consumption.

2. In addition to the importation by private sector, Federal Government will import 250,000MT of Wheat and 250,000MT of Maize. The imported food commodities in their semi processed state will target supplies to the small-scale processors and millers across the country.

3. Engage relevant stakeholders to set a Guaranteed Minimum Price (GMP) and mop up surplus assorted food commodities to restock the National Strategic Food Reserve.

4. Continuous ramp-up production for the 2024/2025 farming cycle.

a. sustained support to smallholder farmers in the ongoing wet season farming through existing government initiatives.

b. strengthen and accelerate Dry Season Farming across the country.

c. embark on aggressive agricultural mechanization and development to reduce drudgery, drive down the cost of production and boost productivity.

d. collaborate with Sub-National to identify irrigable lands and increase land under cultivation.

e. work closely with the Federal Ministry of Water Resources and Sanitation, to rehabilitate and maintain irrigation facilities under river basin authorities across the federation.

f. development of a strategic engagement for youth and women across the federation for immediate greenhouse cultivation of horticultural crops such as tomatoes and pepper to increase production volume, stabilize prices, and address food shortages.

g. fast-tracking ongoing engagements with the Nigerian Military to rapidly cultivate arable lands under the Defence Farms Scheme, while encouraging other Para-Military establishments to put secured available arable lands to cultivation.

5. The Renewed Hope National Livestock Transformation Implementation Committee will be inaugurated on Tuesday, 9th July 2024 with a view to developing and implementing policies that prioritize livestock development and ensure alignment with the National Livestock Transformation Plan.

6. Enhancement of Nutrition Security through:

a. the promotion of production of fortified food commodities and

b. offer necessary support to scale up the Home Garden Initiative by the Office of The First Lady of the Federal Republic of Nigeria.

Over the next 14 days, in close collaboration with the Presidential Food Systems Coordinating Unit (PFSCU) and the Economic Management Team (EMT), we will convene with the respective Agencies to finalize the implementation frameworks.

We will ensure that information is publicly available to facilitate the participation of all relevant stakeholders across the country.

The PFSCU will manage a dashboard for Mr. President, providing him with direct visibility into these interventions and ensuring accountability.

The success of the measures aforementioned is contingent on cooperation and collaboration of all relevant MDAs and stakeholders.

As our nation confronts a critical food security challenge, let me reiterate Mr. President’s unwavering commitment to attaining food security and ensuring that no Nigerian goes to bed hungry.

To this end, I can assure all Nigerians, that my team and I, will swiftly and diligently actualize these crucial policies to ensure food security for everyone in the country in the immediate term as we also continue our strategies for long-term interventions to address the underlying causes and ensure sustainable and resilient food systems in the country.

BIG STORY

Tribute To My Boss, HM Dele Alake At 68 — By Segun Tomori

Published

on

When I was privileged to be offered an appointment by the Minister of Solid Minerals Development, Dr. Dele Alake in October, last year, I was thrilled to have the opportunity to tap from his immense wealth of experience and depth of knowledge, spanning over four decades in private and public service.

I had been enamoured by Dr. Alake since his name, alongside that of President Bola Tinubu, became a recurring decimal in the struggle for the actualization of the annulled June 12, 1993 Presidential elections.

He had carved a niche for himself as a renowned political strategist, communications and public relations juggernaut that not only gave verve to the pro-democracy struggle but later became one of the leading lights of Asiwaju Tinubu’s transformational leadership as Governor of Lagos.

Dr. Alake’s role in the presidential campaigns that culminated in President Tinubu’s ascendancy is already public knowledge as it will be recalled he fired from all cylinders to defuse the propaganda of the opposition as Media Adviser, superintending over the media and communications directorate of the APC Presidential Campaign Council (PCC).

Having watched him closely as a member of the then Strategic Communications Directorate of the same PCC, I was captivated by his grit, grasp of issues and the impeccable intellect with which he dissected issues and marshalled our campaign’s arguments.

Asides from giving me a free hand to excel in my role, he has been a mentor that has helped to hone my skills. Under his tutelage, I have grown to become a better communications professional in barely one year.

Today, Alake’s vision has given rise to a 2,570-strong mining marshals leading the charge to secure the mining environment; revised guidelines for Community Development Agreements (CDA); revocation of dormant mining licenses and those that defaulted in payment of annual service fees; the launch of the innovative online platform, the Decision Support System (DSS) that aids investors’ access to information about Nigeria’s mining sector, enabling them with a click of a button to make informed decisions about investing in Nigeria’s mining sector.

Efforts have reached an advanced stage to establish the largely private sector driven Nigeria Mining Corporation alongside the amendment of the 2007 Nigeria Minerals And Mining Act (NMMA) in collaboration with the National Assembly to back reforms with requisite statutes.

We have also seen novel engagement with sub-nationals that has led to reduction of conflicts through his principle of cooperative federalism. In deference to Alake’s vision, several states have applied and obtained licenses to participate actively in the mining sector and operate as Limited Liability Companies.

As you celebrate your 68th birthday, I want to express my gratitude for your unwavering dedication to our country, the President, and the solid minerals sector.

Your infectious zest and passion for transforming the hitherto neglected mining sector has captured global attention, and we are all motivated to support your vision of making solid minerals a leading contributor to our nation’s GDP.

Happy Birthday, “Prime Minister”. 68, hearty cheers. Many happy returns, sir.

 

Segun Tomori, FSCA is the Special Assistant on Media to the Honourable Minister of Solid Minerals Development.

Continue Reading

BIG STORY

President Tinubu Congratulates Dele Alake On 68th Birthday

Published

on

President Bola Tinubu congratulates the Minister of Solid Minerals Development, Dele Alake, on his 68th birthday.

President Tinubu celebrates his long-time ally, buddy, brother and invaluable partner for his support throughout his political journey as Senator, Governor of Lagos State, Presidential candidate and President of the Federal Republic of Nigeria.

The President says he cherishes working closely and collaboratively with Alake in more than three decades.

The President thanks Alake for his candid counseling and unwavering support, which have provided invaluable guidance during challenging times in public office.

He notes that Alake’s staying power in the various roles he has handled in his lifetime has been rooted in his honesty, passion, tact, determination and exceptional public relations.

President Tinubu is confident that the Minister will continue to uphold his high standards of excellence in service to the nation.

He joins family, friends, and well-wishers in offering prayers for Alake’s continued success and well-being.

 

 

 

 

 

 

 

 

 

Continue Reading

BIG STORY

Local Government Election Holds In Rivers Despite Police Absence [PHOTOS]

Published

on

The local government election in Rivers State is currently underway, notwithstanding the notable absence of police personnel to oversee the process.

Sources reveal that sensitive materials have been successfully distributed across various local government areas.

Governor Siminalayi Fubara remains resolute in his determination to conduct the election, despite escalating tensions within the state.

Continue Reading



 

Join Us On Facebook

Most Popular