Tag: Chinese, imports, tariff, US
US to impose additional $16b tariff on Chinese imports
The United States Trade Representative’s office has unveiled a list of around USD16 billion worth of imports from China that will be subject to a 25 percent additional...
Nigeria imports 4.79 billion litres of petrol – NBS
The National Bureau of Statistics (NBS) said 4.79 billion litres of Premium Motor Spirits (PMS) was imported into the country in the second quarter of 2018. The NBS...
Lagos airport: Customs insist on Form M to process imports
The Murtala Muhammed International Airport (MMIA) Command of the Nigeria Customs Service (NCS) has insisted that Form M is a prerequisite for processing imports for...
Maersk Line provides first mile logistics solutions for Indian imports
Maersk Line has announced its successful execution of first mile service from Verona, Italy to Sonepat, India for leading importers of live apple saplings. This was a...
CBN: Foreign reserves can fund 16 months of imports
The Central Bank of Nigeria (CBN) says the current state of the nation’s foreign reserves can support 16 months of imports. According to the Balance of Payments report...
NAFDAC urges strict border control on pharmaceutical imports
The Director-General, National Agency for Food and Drug and Administration Control (NAFDAC) Prof. Moji Adeyeye, has called on security agencies to tighten Nigeria’s...
Customs steps up surveillance against illegal arms imports
Ahead of the 2019 general elections, the Nigeria Customs Service (NCS) says it has step up surveillance at the nation’s port and border stations across the country to...
EU to curb cheap Chinese e-bike imports
The European Union has called for the registration of Chinese electric bicycles imports in the Union. The call followed a move by the bloc to curb cheap imports which...
2019 elections: Nigeria’s petrol imports hit record high
In a bid to avoid shortages ahead of the 2019 presidential elections, about 1.5 million tonnes of motor fuel are said to be on ships, off West African shores. The bulk...
Chinese traders sell U.S. sorghum imports at sea
A ship carrying 70,223 tonnes of sorghum from the United States to Asia switched its destination on Thursday, data showed, becoming the latest diverted cargo in a trade...
Customs to harmonize date base for vehicle imports
The Nigeria Customs Service has said that it would soon harmonize its database for all imported vehicles into the country. Controller, Tin Can Island Port command,...
LCCI decries indiscriminate Customs queries on imports
The Lagos Chamber of Commerce and Industry (LCCI) has decried the indiscriminate valuation queries of invoice of imported items by the Nigeria Customs Service (NCS). It...
