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Why We Suspended Tariff On Imported Grains — President Tinubu - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWhy We Suspended Tariff On Imported Grains — President Tinubu (10591 Views)

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Why We Suspended Tariff On Imported Grains — President Tinubu by BeeBeeOoh(op): 9:02pm On Jul 13, 2024
Launches Chief Osoba's new book 'My Life in the Public Eye'

President Bola Tinubu has reaffirmed his administration’s commitment to addressing food security concerns in the country and driving down the cost of living for the citizens.

He said the government’s recent decision to temporarily suspend tariffs on imported grains and other essential food items, a policy announced earlier in the week by the Minister of Agriculture and Food Security, were short-term measures to address the rising food prices across the country.


Speaking on Saturday during the public presentation of Chief Olusegun Osoba’s book, “My Life in the Public Eye” in Lagos, the President, who was represented by Vice President Kashim Shettima, in a statement by his spokesman, Stanley Nkwoch, noted that the measures were specifically aimed at tackling food shortages and improving affordability for consumers.

“We are taking steps to address food shortages by temporarily removing tariffs on imported grains and other food items,” President Tinubu stated.

He stressed that the action was part of a comprehensive strategy to enhance living conditions for all Nigerians.

While addressing short-term challenges, the President also reiterated the importance of long-term food self-sufficiency.

“We will continue to drive local production and ensure that we produce what we eat and use locally,” he added.

The President commended Chief Osoba, whom he affectionately referred to as “Aremo 1,” for his significant contributions to Nigerian journalism and politics.


President Tinubu noted Osoba’s role as a two-time governor of Ogun State and his important involvement in the National Democratic Coalition’s (NADECO), a coalition formed in 1994 in response to the annulment of the June 12, 1993 presidential election, which was widely believed to have been won by Chief M.K.O. Abiola.

The coalition’s primary goal was to pressure the military government, then led by General Sani Abacha, to relinquish power and restore democracy in Nigeria.

NADECO consisted of various pro-democracy activists, politicians, and civil society leaders. Notable members included Chief Anthony Enahoro, Chief Ayo Adebanjo and Chief Olusegun Osoba

“We owe him a debt of gratitude for his sacrifices,” President Tinubu said.

He encouraged other leaders to follow Osoba’s example by writing books to share their experiences and provide guidance for future generations.


The President also emphasised the importance of Nigeria’s diversity and unity, calling it a vital lesson for the nation, particularly during challenging times.

“As we work to overcome our current challenges, we must remember that unity and cooperation are essential,” Tinubu stated, urging Nigerians to support the administration’s efforts to improve living conditions.

As the event coincided with Chief Osoba’s upcoming 85th birthday, President Tinubu expressed gratitude for Osoba’s continued health and active lifestyle, wishing him many more years of good health.

Earlier, Senate President Godswill Akpabio described the celebrant as someone honoured by God with long life.

He said Chief Osoba has contributed a lot to humanity, adding that over the years, he has helped in shaping the future of democracy in Ogun State and Nigeria.

“We thank the celebrant for launching a book today. By putting his thoughts on paper, he has helped in mentoring the younger generation. His contributions to democracy and journalism are enormous,” he said.

Senator Akpabio called on Nigerians to support President Tinubu in his quest to deliver the dividends of good governance to all citizens.

Also, Secretary to Government of the Federation, Sen. George Akume, praised the laudable attributes of the celebrant, which he said are worth emulating.

Ogun State Governor, Dapo Abiodun, described the celebrant as a towering figure who has lived a life of service to humanity, thus attracting many chieftaincy titles and awards.

“He has made a mark in public service and journalism within Nigeria and beyond. His attributes are worthy of emulation and a reference point for our future generations,” he said.


The Governor added that Chief Osoba has contributed a lot to the socioeconomic development of Ogun State.

“We will continue to celebrate you, and I call on Nigerians to celebrate their leaders and those who have served them while they are still alive,” he added.

There were goodwill messages from former Secretary of the Commonwealth, Chief Emeka Anyaoku, business moguls Mike Adenuga and Aliko Dangote, as well as the Deputy Governor of Lagos State, Obafemi Hamzat.

Also present at the occasion were the Deputy President of the Senate, Jibrin Barau; Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun; Minister of Communications, Innovation and Digital Economy, ‘Bosun Tijani; Minister of Marine and Blue Economy, Adegboyega Oyetola; Minister of State for Environment, Dr. Ishaq Salako, among others.
https://leadership.ng/why-we-suspended-tariff-on-imported-grains-tinubu/

Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Dimpling(m):
At this point, anything that will help the current situation that we are in is okay. We are really suffering in this country
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Remman(m):
Nice move but this is not the problem at all. If Transportation cost is reduced, price of things will drop very low. Our economy is centered around petroleum and not tax of any kind on products. Secondly, if we're not producing anything and keep importing everything, even if you remove all taxes, they will be controlled by external market forces. This tax thing can only reduce price of things only for like a week or two because import purchase will rise, which will further devalue our currency causing the price of those goods to rise even above the current price with tax.

Now, this may sound odd but there needs to be a state of emergency on petroleum supply, for now that we have at least one working refinery, we need fuel subsidy back to bring down the price of fuel to at most N100 per litre because shipping logistic costs will be excluded this time. Such move alone would bring down cost of products with or without tax on products.

Politicians knows exactly what to do but are diverting our attention.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Chinkoalhaji34: 9:23pm On Jul 13, 2024
Eh, my guy! I dey totori say Tinubu na our presido. E go make Nigeria beta wit im decision to suspend tariff on imported grains. No shaking!
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by EmeeNaka: 9:31pm On Jul 13, 2024
Anyway, Labour must not accept any devilish minimum wage. He has a plot for this plan to suspend grain import tariff
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Philipponzaghi: 9:40pm On Jul 13, 2024
E mean say Tinubu dey think well for Naija, e no be him fault say PDP waste 16 years.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Paraman: 9:52pm On Jul 13, 2024
I expect the president to have done this months ago...well, it's not too late
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by GreenxGreen: 10:15pm On Jul 13, 2024
Importation with current DOLLAR EXCHANGE RATE ? 😡😡😡😡

Hnmmmm !

People should get ready for more expensive food nothing will change so long the current EXCHANGE RATE remains $ 1 = 1556

Re: Why We Suspended Tariff On Imported Grains — President Tinubu by slimfit1(m): 10:29pm On Jul 13, 2024
Finance minister doesn't know what he is doing shocking. Davido and Dino alone can bring in #300 million through the cars he is collecting from Germany tax them yearly road whether it moves or not tax . Why are they not looking in this direction is it because it will affect them the most I don't understand. Tax them otherwise they wont invest their money in this country wisely. The rich will act like they can't think when it comes to tax but the poor that is suffering already without thinking.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by saintopus(m): 10:44pm On Jul 13, 2024
Am going to the village to farm and prepare garri for me and my family
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by sIfioksq: 10:47pm On Jul 13, 2024
Tinubu's decision to suspend tariff on imported grains shows his leadership.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Tellmeastory: 10:50pm On Jul 13, 2024
Nigerian soil is not very fertile.

That's the real problem, but the govt will never admit it.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by JohnieWalker12(m): 7:13am On Jul 14, 2024
Audiomack don talk
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by OkoYibo: 7:14am On Jul 14, 2024
Tellmeastory:
Nigerian soil is not very fertile.

That's the real problem, but the govt will never admit it.
Go to Benue and repeat this nonsense. When you won't travel, your exposure is limited.

It is the muddy soil in your region that is not fertile. That is why others have been feeding you for a very long while.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by AntiChristian: 7:16am On Jul 14, 2024
God bless Jagaban and guide him!
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Obakoolex(m):
Anything that will help the masses is a welcome development
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by jchioma: 7:22am On Jul 14, 2024
Trial and error policies of a kindergartner government. Hit and miss.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by hisgrace090: 7:23am On Jul 14, 2024
Another promise to be abandoned as hunger continues.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by specialmati(m): 7:23am On Jul 14, 2024
grin grin ; grin grin grin grin grin grin grin grin grin confusion

Re: Why We Suspended Tariff On Imported Grains — President Tinubu by free2ryhme: 7:26am On Jul 14, 2024
BeeBeeOoh:
Launches Chief Osoba's new book 'My Life in the Public Eye'



https://leadership.ng/why-we-suspended-tariff-on-imported-grains-tinubu/
Don't suspend it.
The suffering knows no tribe, political party, financial status, economic status, etc 😀 👍
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by jaxin119: 7:26am On Jul 14, 2024
Just stop fulani terrorists and farmers will return back to the farm resulting to food availability.
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Johnnyplus01k(m): 7:27am On Jul 14, 2024
Whatever is good for the goose is good for the gander
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Xscape047: 7:27am On Jul 14, 2024
What to do ..at the moment
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by kennyz247(m):
A Commendable one from the president...
Hope it won't be hijacked by those potbelly politicians
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by MajorOvakporaye(f): 7:34am On Jul 14, 2024
Chinkoalhaji34:
Eh, my guy! I dey totori say Tinubu na our presido. E go make Nigeria beta wit im decision to suspend tariff on imported grains. No shaking!
Keep promoting failure
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by liamjakes247: 7:52am On Jul 14, 2024
This guys don’t mean well for this country- they should be price control policies governing almost everything in the market and reduction in fuel- that can’t solve the issue atall
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Anguldi(m): 8:03am On Jul 14, 2024
Tellmeastory:
Nigerian soil is not very fertile.

That's the real problem, but the govt will never admit it.
Animal talk, says who. We don't have commercial farming, Real mechanized farming.
Oya gettat arraherrrr
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by ceejay80s(m): 8:04am On Jul 14, 2024
It is too late..
Can u reduce the house rents increased?
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by Darkjudge24: 8:30am On Jul 14, 2024
Remman:
Nice move but this is not the problem at all. If Transportation cost is reduced, price of things will drop very low. Our economy is centered around petroleum and not tax of any kind on products. Secondly, if we're not producing anything and keep importing everything, even if you remove all taxes, they will be controlled by external market forces. This tax thing can only reduce price of things only for like a week or two because import purchase will rise, which will further devalue our currency causing the price of those goods to rise even above the current price with tax.

Now, this may sound odd but there needs to be a state of emergency on petroleum supply, for now that we have at least one working refinery, we need fuel subsidy back to bring down the price of fuel to at most N100 per litre because shipping logistic costs will be excluded this time. Such move alone would bring down cost of products with or without tax on products.

Politicians knows exactly what to do but are diverting our attention.
u no know anything, na olodo u be
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by GreyWolf01: 8:59am On Jul 14, 2024
To import GMO's rejected by Europe and Asia
Re: Why We Suspended Tariff On Imported Grains — President Tinubu by PHAYOL81: 9:06am On Jul 14, 2024
Our farmers are crooks, simple
1 2 Reply

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