Drop in vehicle importation, others cut Customs revenue by 5%
The 70 per cent drop in vehicle importation into the country coupled with global trade disruption, the flotation of the exchange rate
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The 70 per cent drop in vehicle importation into the country coupled with global trade disruption, the flotation of the exchange rate
Following foreign market volatility, Nigeria's customs service revenue dropped by 4.5 per cent in the first half of 2023. NCS disclosed this in a recent
Barrister Okey Ezugwu, a retired Assistant Controller General of the Nigeria Immigration Service (NIS), has written to Governor Peter Mbah of Enugu State, detailing how the state government allocated Plot 23CD at Independence Layout, Enugu to him 10 years ago. The same property was demolished by the government this week. Ezugwu had fully developed the property before the Secretary to the State Government, Prof Chidiebere Onyia ordered its demolition despite the pendency of the matter in court.
Nigerians have abandoned the use imported vehicles to locally or second-hand vehicles due to recent foreign exchange plans of the CBN, Nigeria Customs Service
The recent 40 per cent hike in the exchange rate for cargo clearance at the seaports and the increase in tariff on imported cars by a terminal