Tax Reform Panel Recommends N800/$ Rate For Customs Duties
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended that the Nigerian Federal Government set the exchange rate for customs import duty at N800 per dollar. This suggestion was made by Taiwo Oyedele, the committee's chairman, during a briefing with journalists in Lagos, and the recommendation aims to address the ongoing fluctuations in exchange rates impacting import calculations amid Nigeria's foreign exchange crisis. Previously, Muda Yusuf, Director of […]
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