ABUJA Feb 8 Nigeria will increase custom duties
for tomato imports and waive tariffs for some farming equipment
to stimulate local production and investment in the agriculture
sector, its trade minister said on Wednesday.
"We are going to go up. We will be announcing what the new
tariffs are but clearly there is a new set of tariffs,"
Okechukwu Enelamah told reporters, without giving details.
Customs duties on some greenhouse equipment currently
amounting to as much as 20 percent would be removed.
"We are going to restrict imports of finished tomato
products that can be produced locally," the minister said.
Nigeria has been trying to encourage local food production
in order to reduce a costly import bill and end its reliance on
But an artificially high exchange rate has dried up the
supply of hard currency, forcing the temporary shutdown of two
local tomato paste plants dependent on imports in recent months.
(Reporting by Felix Onuah; Writing by Ulf Laessing; Editing by