Tag: Import Duties
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Customs rakes in N277bn from import duties in August
Spokesperson of the Nigeria Customs Service (NCS), Mr Abdullahi Maiwada, on Thursday said the service collected N277.5 billion as import duties in August. Maiwada made the disclosure during the monthly news conference organised by the Strategic Communication Interagency Policy Committee (SCIPC) and hosted by the NCS in Abuja.
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Tariff removal: Customs to forgo N188bn on import duties
The Nigeria Customs Service (NCS) has announced that it will forgo N188.37 billion in import duties following the Federal Government’s directive to remove tariffs and other import duties on key food staples. The Comptroller-General of NCS, Adewale Adeniyi, made this disclosure in his keynote address at t
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Why Customs is yet to implement Tinubu’s order on import duties
President Bola Tinubu had directed the suspension of import duties and taxes on essential food stuffs to reduce inflation. However, the Nigeria Customs Service (NCS) was yet to begin the implementation.
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We will implement import duties payment soon – Customs CG
The Controller-General of the Nigerian Customs, Colonel Hameed Ali (rtd) has said Customs will implement the recently suspended import duties payment after consulting widely with relevant stakeholders in the industry. Ali said in an interview in Abuja on Friday that the policy is not all about the revenue it will generate for government, but…