import duty

Tinubu bows to pressure, stops 15% fuel import duty plan

Tinubu bows to pressure, stops 15% fuel import duty plan   The Federal Government has shelved its plan to introduce…

5 months ago

Pump prices may spike as Tinubu imposes 15% import duty on petrol, diesel

Pump prices may spike as Tinubu imposes 15% import duty on petrol, diesel President Bola Ahmed Tinubu has approved the…

5 months ago

223 firms get 21-day Customs ultimatum on N379.6bn import duty

223 firms get 21-day Customs ultimatum on N379.6bn import duty The Nigeria Customs Service (NCS) has issued a final ultimatum of 21…

8 months ago

FG suspends operations of 60 jets over import duty

FG suspends operations of 60 jets over import duty In a bold move to recover unpaid import duties, the Federal Government…

10 months ago

FG to lose N187bn in food import duty suspension – Customs

FG to lose N187bn in food import duty suspension - Customs The Federal Government will forfeit about N187 billion due to the…

2 years ago

Customs ground bank’s jet over unpaid import duty

Customs ground bank's jet over unpaid import duty The Nigeria Customs Service has grounded a United States-registered Gulfstream G650ER jet…

2 years ago

Inflation: FG to suspend duty on imported foods, drugs, diesel VAT

Inflation: FG to suspend duty on imported foods, drugs, diesel VAT The Federal Government is set to announce a six-month…

2 years ago

CBN to Customs: Adopt official forex rate for import duty

CBN to Customs: Adopt official forex rate for import duty The Central Bank of Nigeria has told the Nigeria Custom…

2 years ago

Vehicle prices may rise again as Customs increases exchange rate

Indication that prices of imported vehicles may go up has emerged as the Nigeria Customs Service (NCS) has increased its…

4 years ago

Customs: Vehicle tariff reduction to begin next week

 Finance Act, a short-term measure – Minister Vehicle importers are from next week expected to start enjoying considerable reduction in…

5 years ago