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Import duties in Nigeria

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Adopt Official FX Rate For Import Duty Assessment, CBN Tells Nigeria Customs

Following concerns raised by importers about irregular changes in import duty assessment levies applied by Nigeria Customs Service (NCS), in recent times, the Central Bank of Nigeria (CBN) has directed NCS and other related parties to adopt the closing official rate of

February 24, 2024

Business·Oil & Gas

Cooking Gas Price To Crash As FG Lifts VAT, Import Duty On LPG

In a bid to reduce the soaring price of cooking gas in the country, the Nigerian government has exempted the importation of liquefied petroleum gas (LPG) and its equipment from the payment of import duty and value-added tax (VAT). The Ministry of

December 9, 2023

Customs Exchange Rate For Import Duty Rises By 2.04% In 4 Days

Business·News

‘It’s More Burden On Nigerians’ – Importers Bemoan 200% Spike In Customs Duty

Nigerian importers have decried the soaring costs of getting goods and commodities cleared from the country’s ports, pointing out that import duty has surged by over 200 per cent compared to previous rates, significantly impacting the cost of imported goods. They lamented

October 16, 2023

Finance & Economy

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Centre for Promotion of Private Enterprise (CPPE) has called on the Nigerian government to review it’s tariff policies by granting concessionary import duty on intermediate products as a way of addressing the inflationary pressures on producers, individuals and the economy in general.

November 17, 2022

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Import duties in Nigeria

Adopt Official FX Rate For Import Duty Assessment, CBN Tells Nigeria Customs

Cooking Gas Price To Crash As FG Lifts VAT, Import Duty On LPG

‘It’s More Burden On Nigerians’ – Importers Bemoan 200% Spike In Customs Duty

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

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Import duties in Nigeria

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