AreaNigeria

Commodity GroupRice

CommodityAll

Date16/06/2014

Policy CategoryTrade

Policy InstrumentImport tariffs

DescriptionPending 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.