VAT INCREASE IN NIGERIA: MORE IMPORTATION DUTY
VAT increase in Nigeria appears to be long overdue. Especially, considering the argument by some that Nigerian VAT is the least in the world. What is VAT? How does VAT connect the importation duty? What is the federal government plan for 2020? This article will show what the federal government of Nigeria have in store […]
NIGERIA NEWS: CENTRAL BANK SET POLICY ROADMAP
Nigeria news is constantly being updated. Today, the Governor of Central Bank, Godwin Emefiele, has presented the Monetary Policy road-map for his 2019-2024 stay in office. This policy document is all-embracing, and is a must read by all. This article kind of captures achievement in the first lap of the governor’s tenure and the future […]
CUSTOMS REQUIREMENT: OVERTIME CARGO
What is Customs requirement on overtime cargo? Or rather, what is overtime cargo? What informed my decision to write this article? Let me begin by addressing the last of these 3 questions. Put shortly, this article is written for enlightenment purposes. I meant to say that this article is put together for the purpose of […]
NIGERIA IMPORTS: IMPORTERS WILL PAY MORE DUTY
Nigeria imports duty payable by importers have remind stable for some years. The reason is because the central bank of Nigeria has maintained a stable local-currency-to-foreign-currency rate for importation. Exchange rate between the Nigerian legal tender and the dollar was left at N306 to one dollar. This kind gesture has greatly benefited importers of commodities […]
HIRE CUSTOMS CLEARANCE AGENT IN NIGERIA
Do you want to hire Customs Clearance Agent in Nigeria? Who is a Customs Clearance Agent? Customs Clearance Agent is a company with technical expertise to interface with Customs, other governmental agencies, and importers of commodities. The services rendered by customs clearing agents are usually first-line to importers of goods. Without the customs clearing agent, […]