Customs announces lower tariffs on imported vehicles, sets ₦11tn revenue goal

Headquarters of the Nigeria Customs Service (NCS)

The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has told lawmakers that the import duty on used vehicles has been reduced from 15 per cent to five per cent. In comparison, the rate for new vehicles has been cut from 20 per cent to 10 per cent.

The post Customs announces lower tariffs on imported vehicles, sets ₦11tn revenue goal appeared first on Premium Times Nigeria.

REA launches 42 renewable energy projects

The Rural Electrification Agency (REA) has commenced 42 renewable energy projects in Adamawa and Kebbi states to expand electricity access and improve powe

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