AreaNigeria

Commodity GroupRice

CommodityAll

Date01/12/2011

Policy CategoryTrade

Policy InstrumentImport levies

DescriptionAnnounced that, starting 1 July 2012, husked rice will accrue a levy of 25 percent (none before) on top of a 5 percent duty rate. In the case of milled/semi-milled rice, levies will be raised to 40 percent (20% previously), to be applied on top of a 10 percent import duty. Effective 1 January 2013, charges will be raised further, with milled/semi-milled rice to attract a levy of 100 percent.