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Border closure: Customs now rakes in N5.8bn a day — Ali

Customs: Why government must slash import duty on vehicles

  The Nigeria Customs Service (NCS) has asked the Federal Government to reduce the import duty on vehicles from 35% to 5%. The Comptroller-General of Customs,...

Trading remains restricted at Seme border on third day 

Maximising gains of border closure through import duty reduction

  There is no doubt that Nigeria’s border closure, especially the Benin-Seme border, has dealt a severe blow to the thriving vehicles smuggling business across...

Customs invade Abuja hotel, order guests to pay import duty on cars

Customs invade Abuja hotel, order guests to pay import duty on cars

  Armed Nigeria Customs Service operatives today invaded the Fraiser Suites located at the Central Business District in Abuja harassing guests to pay duty on their...

FG mulls increase in VAT, excise duties

FG creates portal for import duty exemption certificates

  The Minister of Finance, Zainab Ahmed, says the Federal Government has acquired an automated customs gateway portal for the management of Import Duty Exemption...

Hameed Ali

Why we collect import duty on indigenous ships — Customs

The Nigeria Customs Service (NCS) has explained why it cannot grant zero duty on imported vessels in Nigeria as being clamoured for by indigenous shipowners. Indigenous...

Customs beg FG to end import duty waiver

Customs beg FG to end import duty waiver

The Nigeria Customs Service (NCS) has asked the Federal Government to discontinue the import duty waiver scheme as it is taking a toll on its revenue collection....

Customs collects N140.4bn revenue in August

Customs CG Hameed Ali wants vehicle import duty 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....

modular refineries

Modular Refineries: FG to waive import duty on equipment

Minister of State, Petroleum Resources, Dr Ibe Kachikwu, has assured stakeholders of the 5,000 barrels per day Ikwe-Onna modular refinery in Akwa Ibom State, that the...

MTN

More trouble for MTN as govt demands $2bn import duty arrears, others 

  By Patience Danjuma  The Attorney-General of the Federation, Abubakar Malami, has written to MTN Nigeria  demanding a payment of $2 billion in tax arrears. The...

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

LCCI calls for review of import duty 

The Lagos Chamber of Commerce and Industry (LCCI) has called for the review of import duty and Customs administration as part of the ongoing tax reform towards enhancing...

Group kicks against 10% import duty on solar panels

Group kicks against 10% import duty on solar panels

Renewable Energy Association of Nigeria (REAN), a private sector renewable energy group, has kicked against the new 5 – 10 percent import duty on solar panels imposed...

Kemi Adeosun

FG moves to stop import duty waiver abuse

By Omotilewa Quadri The Federal Government has taken drastic steps to reduce corruption and abuses associated with granting of waivers by subjecting the process to...