FG Asked To Review FOREX Policy As CBN Adjusts Customs Tariffs & Import Duties
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- čas přidán 17. 05. 2024
- As the Central Bank of Nigeria adjusts exchange rates for calculating customs tariffs and import duties amid fluctuating exchange rates, there's a growing call for the government to revisit its foreign exchange policy.
Prince Olayiwola-Shittu, former President of the Association of Licensed Customs Agents, suggests that if import duty calculations were conducted in naira, it could decrease the persistent demand for dollars.
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