VAT INCREASE IN NIGERIA: MORE DUTY?
VAT INCREASE IN NIGERIA: MORE IMPORTATION DUTY LOOMING 2020 VAT increase in Nigeria appears to be long overdue, especially considering the argument that Nigerian VAT is the least. Firstly, what is VAT? Secondly, how does VAT connect the importation duty? Thirdly, what is the federal government plan for 2020? This article will show what the […]
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 three questions. Put shortly, we are writing this article for enlightenment purposes. I meant to say that this article is for the purpose of information. […]
NIGERIA IMPORTS: IMPORTERS TO PAY MORE?
Nigeria imports duty payable by importers have remind stable for some years. The reason is that 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 is N306 to one dollar. This kind gesture has greatly benefited importers of commodities into Nigeria. […]
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, […]