Trade and markets
 

Detail

Area
Nigeria
Commodity Group
Rice
Commodity
All
Date
16/06/2014
Policy Category
Trade
Policy Instrument
Import tariffs
Description
Pending the issuance of the revised rice tariff regime, declared that rice shipments awaiting clearance on ports, as of 13 June 2014, would be allowed to clear customs upon presentation of a letter of indemnity to the Nigeria Customs Service. The latter is meant to prevent further demurrage charges, allowing importers to settle payments of the new tariff rates once these are officially announced.