• Doris Uzoka- Anite
The Minister of State for Finance, Dr Doris Uzoka-Anite, says that the Federal Government has commenced the review of tariff-related bottlenecks affecting manufacturers, particularly in sectors dependent on imported raw materials and intermediate goods.
She disclosed that the review being done by a high-level Tariffs Review Board , is aimed at repositioning tariffs as a tool for economic development rather than a constraint on productivity.
The focus, she noted, was on encouraging local production, protecting home-grown industries, and easing the cost of doing business across key manufacturing value chains.
She emphasised that the government is seeking a more responsive tariff structure that reflects the Federal Government’s broader industrialisation agenda, while ensuring market stability in an increasingly volatile global trade environment.
“Our objective is to create a tariff regime that supports local manufacturers, strengthens value chains and promotes sustainable industrial expansion. This means striking a careful balance between meeting essential import needs and protecting domestic industries from unfair competition,” the minister said
