Import Duty – NEWS RANGERS

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FG Slashes Import Duty On Hillux Vehicles, Pickups To 10%

News Rangers3 years ago3 years ago04 mins

LAGOS APRIL 27TH (NEWSRANGERS)-The Federal Ministry of Finance, Budget and National Planning has approved implementation of the ECOWAS Common External Tariff (CET) 2022-2026 which provides for a slash in import duty of pickup vehicles to 10 per cent without payment of the controversial National Automotive Council (NAC) levy. The circular obtained by Daily Sun…

South-East Traders Reject Astronomical New Increment In Customs Import Duty

News Rangers4 years ago05 mins

LAGOS NOVEMBER 30TH (NEWSRANGERS)-The South East Amalgamated Markets Traders Association (SEAMATA) has rejected the recent astronomical and indiscriminate increment of import duty on cargoes charged by Nigerian Customs Service. African Examiner reports that the body is the umbrella union of traders in all the markets in the South-East Geo-political Zone of Nigeria and traders of…