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 (NCS), over the weekend, stated that it intercepted 25 units of tokunbo vehicles, and other items smuggled into the country from Benin republic. Speaking to newsmen, the acting Comptroller General of the Service, Bashir Adewale Adeniyi, who said the contrabands were intercepted by the Federal Operations Unit (FOU), Zone A, said […]
Licensed customs agents strongly opposes the government’s failure to suspend the 15 per cent import adjustment tax imposed on imported used vehicles. They were worried that despite the government’s announcement of the suspension of the import adjustment tax on imported vehicles, it had not been stopped. The National Vice President of the National Association of […]