Nigeria Ignores Its Duty-Free Food Waivers Despite Price Woes
- Government worried about policy effect on local food producers
- Nation faces historical rise in food prices, report says
Shoppers browse fresh produce for sale at the Lagos-Island market in Lagos.
Photographer: Benson Ibeabuchi/BloombergThis article is for subscribers only.
Nigeria has not taken advantage of a six-month window to import key food duty free, even as the West African nation confronts a cost-of-living crisis that a recent report warned was set to worsen.
Two senior officials involved with the tariff moratorium on wheat, corn, rice and other crops said it hadn’t been embraced because the authorities want to avoid hurting local producers. They asked not to be identified because deliberations about the matter are private.