By Godwin Oritse & Ifeyinwa Obi
LAGOS — FOLLOWING the release of the new foreign exchange policy, the Nigeria Customs Service has pegged import duty rate at N282 to a dollar with effect from July 1.
This may result in higher duty for imports made before the new policy was introduced. The implication of the increment is that more cargoes may be abandoned at the ports.
LAGOS — FOLLOWING the release of the new foreign exchange policy, the Nigeria Customs Service has pegged import duty rate at N282 to a dollar with effect from July 1.
This may result in higher duty for imports made before the new policy was introduced. The implication of the increment is that more cargoes may be abandoned at the ports.