Duties payable on imported goods at Nigerian ports have gone up following the hike in the exchange rate for cargo clearance by the Federal Government through the Central Bank of Nigeria. The PUNCH reports that the exchange rate for payment of duty paid on imported vehicles on the portal of the Nigeria Customs Service was […]
The Nigerian Customs Service has urged importers of vehicles to imbibe transparency while declaring their cargos during clearance. Speaking during a stakeholders’ engagement to sensitize importers on the importance of the Vehicle Identification Number (VIN) valuation system of the service, Comptroller Saidu Abba Yusuf, being the Customs Area Controller of Ports Terminal Multiservices Limited, specifically […]
The ongoing detention of already cleared cargo from the seaports by Nigerian Police Force (NPF) officials has drawn criticism from the Nigerian Shippers Council (NSC), which claims that doing so slows down trade. “If Police have intelligence on a cargo, they should escort the container to the final spot of discharge and then check the container […]