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Overview of the Concept In response to Nigeria’s pressing economic challenges, particularly the soaring inflation affecting food prices, the federal government has implemented a duty-free food import policy, effective from July 15, 2024, to December 31, 2024. This initiative aims to alleviate the financial strain on Nigerians by suspending import

Overview of the Concept The Import Duty Exemption Certificate (IDEC) is a critical tool designed to bolster Nigeria’s private sector by allowing industrialists to import goods and services necessary for their operations without the burden of import duties. This initiative is particularly significant in a rapidly evolving business landscape, where