The Nigeria Customs Service (NCS) has said that its clearance system was not responsible for the rise in the exchange rate.
The NCS Spokesman, Timi Bomodi (DC), explained yesterday, that the rate of exchange used to calculate duty payrnents was not a static phenomenon and that the Central Bank of Nigeria remained the only organization vested with the authority to determine official rates as applicable for the purpose of calculating duties and other taxes applicable for import and export.
He assured the trading public that the Service was committed to trade facilitation and would continue to play that role, in the interest of the nation’s economy.
Former Commissioner for Information in Abia State, Chief John Okiyi-Kalu, has disclosed findings from the…
Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between…
The Abia State Government has expressed a strong desire to partner with the nation of…
The Chairman Senate Committee on Privatization, Senator Orji Uzor Kalu has sounded a warning that…
Former Abia State Governor, Dr. Okezie Ikpeazu, has responded to allegations of diverting N10 billion…
The Catholic Bishop of Sokoto Diocese, Bishop Matthew Hassan Kukah, said Nigerians are in pains,…