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Customs collects N140.4bn revenue in August

Owners of vehicles seized by Customs to pay duty plus 25% penalty before release

Vehicle dealers who did not pay correct import duty on their vehicles and which were recently seized by the Nigeria Customs Service (NCS) will be required to pay the...

nigeria-senate

Senate demands upward review of 10% duty on soaps

The Senate has called on the executive arm of government to review upward the 10 percent duty on the importation of soap noodles into the country. The Senate faulted the...

Zambia to enforce 5% duty on copper concentrate imports

Zambia to enforce 5% duty on copper concentrate imports

  Zambia’s Mining Minister, Richard Musukwa, on Monday vowed to enforce a 5 percent import duty on copper produced from rough ore. Musukwa made this known on...

Hameed Ali

Customs CG Ali: We want import duty on vehicles slashed to 10%

The Comptroller-General of Nigeria Customs Service (NCS), Hammed Ali, on Monday said that the service is seeking the review of import duty on vehicles to 10 per cent....

Director General, Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf

LCCI asks FG to reduce import duty on vehicles 

The Lagos Chamber of Commerce and Industry (LCCI) has asked the Federal Government to slash the tariff on vehicles imported into the country and review the controversial...

Steel: Turkey imposes 25% duty on imports above quotas

Steel: Turkey imposes 25% duty on imports above quotas

Turkey will introduce quotas on the amount of steel it imports from Oct. 17, with an additional 25 percent duty levied on any imports above the quotas. Ankara blamed a...

Customs to commerce electronic cargo tracking in 2019- Ali

Customs approves new window for payment of duty on smuggled vehicles

  The Nigeria Customs Service (NCS) has created a new window for vehicle owners who imported them illegally to pay appropriate Customs duty.  Customs...

bonded vehicle terminals.

Customs lost N5bn to zero duty on vehicles – Senate 

The Senate Committee on Customs, Excise and Tariffs on Wednesday blamed the Nigeria Customs Service (NCS) for granting assembly plant owners zero duty on new imported...

bonded vehicle terminals.

Why government should review Customs duty on imported vehicles

It is no longer news that the Customs duty on imported vehicles is currently at an abnormally high rate and many are dissatisfied with the present regime. Owing to the...

vehicle

Why government should review Customs duty on imported vehicles

It is no longer news that the Customs duty on imported vehicles is currently at an abnormally high rate and many are dissatisfied with the present regime. Owing to the...

Hameed Ali

99 percent importers evade duty, says Customs boss

The Comptroller-General, Nigeria Customs Service (NCS), Hameed Ali Thursday said that 99 per cent of the nation’s importers are non-compliant with the customs duty...

Customs to commerce electronic cargo tracking in 2019- Ali

99 percent importers evade duty, says Customs boss

The Comptroller-General, Nigeria Customs Service (NCS), Hameed Ali Thursday said that 99 per cent of the nation’s importers are non-compliant with the customs duty...