The Federal Government said on Wednesday it had approved the reduction of import duties on 115 items in various sectors of the economy as part of its effort to promote development in critical sectors of the economy.
The tariff reductions were approved by President Muhammadu Buhari as part of its fiscal policy measures of the Federal Government for the country.
The Minister of Finance, Mrs. Kemi Adeosun communicated the measures through a circular, which she said was in line with the provisions of the Economic Community of West African States Common External Tariff.