Customs Duties on Imported Goods Rise by 93% With the continued depreciation of the naira against the dollar, customs duties paid on imported goods have risen by about 93 percent since the federal government’s foreign exchange reform kicked in eight months ago. The cost of clearing...

Customs Duties on Imported Goods Rise by 93% With the continued depreciation of the naira against the dollar, customs duties paid on imported goods have risen by about 93 percent since the federal government’s foreign exchange reform kicked in eight months ago. The cost of clearing...

Reps Give Banks 14 Days To Remit N10bn Customs Duties To FG     The House of Representatives Committee on Customs has given two weeks ultimatum to five commercial banks to reconcile accounts and remit all outstanding customs duties to the federal government. The Chairman of the Committee,...