FG to Stop Customs, 62 other MDAs from Collecting Revenues
The Presidential Committee on Tax Policy and Fiscal Reforms says the Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of revenue.
This was disclosed by...
Apapa Customs Rakes in N119bn Revenue in June, Says Comptroller
The Apapa Area Command of the Nigeria Customs Service said it generated N119bn as revenue in June.
The command, in the statement by its Public Relations Officer, Abubakar Usman, on Wednesday, said that amount was the...
FOREX: Importers Groan As Customs Raise Exchange Rate To N589.45/$1
From today, June 26, 2023, importers will pay more import duty for the clearance of their cargoes at the nation’s seaports as the Central Bank of Nigeria (CBN) has increased the official exchange rate used...
Lagos Ports: 60% Imports Retained in State, Says Customs
The Customs Area Controller, CAC of the Kirikiri Lighter Terminal, KLT, Command of the Nigerian Customs Service, NCS, Timi Bomodi, has said that about 60 per cent of imported cargo through the Lagos ports do not...
Nigerians Kick as FG Implements 7.5% VAT on Diesel
The Federal Government, on Monday, confirmed that it had commenced the implementation of the payment of 7.5 per cent Value Added Tax on Automotive Gas Oil, popularly called diesel.
Officials of the Nigeria Customs Service and Federal...
Tinubu Economic Advisers Seek Customs, NIMASA, FIRS Merger
President Bola Ahmed Tinubu Policy Advisory Council has recommended the declaration of a state of emergency on revenue generation in the country.
The council also proposed the merger of the Federal Inland Revenue Service, Nigerian Customs Service, and...
