Home Breaking News Federal Government Set to Implement Transit insurance scheme

Federal Government Set to Implement Transit insurance scheme

by Nwani Chisom
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According to Reports Reaching Oyogist.com, the Federal Government of Nigeria has okayed the full implementation of the National Transit Insurance Scheme (NATIS) and National Anti-Multiple Taxation Scheme (NAMTAXS).

The scheme implementation would reduce high cost of food, due to transportation problem in the country.

Director of Finance and Accounts, ALGON, Mr Salawu Ozigi, further said the challenges of transporting agricultural products was contributing to the high cost of food in the country.

“The prices of food commodities we have today has been grossly high because of some of the malpractices in the haulage of the items from the point of production to the market, and markets andbparks are the sole responsibility of local governments in the country,” he said.

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