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Tag "Customs duty"

NEPZA: Free trade zones scheme generated N35bn as customs duty in 2021

    NEPZA: Free trade zones scheme generated N35bn as customs duty in 2021

The Nigeria Export Processing Zones Authority (NEPZA) says the country’s free trade zones (FTZs) scheme generated a total of N35.1 billion for the government as customs duty in 2021. Speaking

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Reps panel threatens to stop six banks from customs duty collection over ‘poor remittances’

    Reps panel threatens to stop six banks from customs duty collection over ‘poor remittances’

A house of representatives panel has threatened to exclude six banks from collecting customs duties for the federal government over discrepancies in remittances.  At its sitting on Wednesday, the committee

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Customs: 30 verified private jet owners to pay duties

    Customs: 30 verified private jet owners to pay duties

The Nigeria Customs Service (NCS) says 30 out of 65 verified private jet owners are liable to pay required agency duties to the federal government.  Joseph Attah, NCS public relations

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Importers kick against duty payment on solar panels but customs says it’s govt policy

    Importers kick against duty payment on solar panels but customs says it’s govt policy

The Renewable Energy Association of Nigeria (REAN), a private sector group, says the Nigeria Customs Service is forcing its members to pay between five percent and 10 percent import duty

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