Federal Government slashes import tariffs on palm oil by 17%

Federal Government slashes import tariffs on palm oil by 17%

The Federal Government has reduced import tariffs on crude palm oil to 28.75 per cent from 35 per cent, a 17 per cent decrease, under the new Fiscal Policy Measures (FPM). Import tariffs on key food items such as raw cane sugar, bulk rice and refined salt for human consumption, among others, have also been […]

read more Federal Government slashes import tariffs on palm oil by 17%

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