FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report
The federal government is losing billions of naira in duties payable on imported vehicles as 50 per cent of such vehicles in Nigeria reportedly come in illegally through closed borders, it has been revealed.
An...
NCS Begins 30% Reduction In Vehicle Duty
The Nigeria Customs Service (NCS) has begun the implementation of five per cent duty on importation of Fully Built Vehicle (FBV) as approved by the President in the 2020 Finance Act.
This is coming despite the recent suit filed...
