Import Duty Rises 6% As Customs Begins Application Of New Exchange Rate
Importer and their agents have said that a 5.0 per cent increase is now effected in duty payable on all imports following the implementation of the new exchange rate by the Nigeria Customs...
COVID-19: Buhari Stops Import Duty On Medical Equipment
As part of efforts to combat the COVID-19 pandemic, President Muhammadu Buhari, has ordered the immediate evacuation of all imported medical equipment from Nigerian ports.
This is even as the President has given a blanket waiver of Customs...
NCS Targets N937.28bn From Import Duty, Others This Year
The Nigeria Customs Service is targeting to generate a total revenue of N937.28bn for the government in the 2019 fiscal period.
The figure is contained in the NCS 2019-2021 revenue projections which were submitted to the National...
