Showing posts with label Custom Duties. Show all posts
Showing posts with label Custom Duties. Show all posts

Wednesday, 3 August 2016

Buhari has asked us to go and die! We’re finished - Igbo importers, agents cry out over unprecedented hike in custom duties

Buhari has asked us to go and die! We’re finished - Igbo importers, agents cry out over unprecedented hike in custom duties
Obviously, Buhari is not yet finished with Igbos.

Following another hike in Customs import duty rate from N282 per dollar to an all-time high of N313, importers and clearing agents say the development appears the final death knell to wipe off the nation’s import community.

Monday, 1 February 2016

'Owners' of Nigeria: Abdullahi Mohammed (Former FCT Minister Bala Mohammed's 25yo son buys N800m sports car, evades custom duties

Owners of Nigeria: Abdullahi Mohammed (Former FCT Minister Bala Mohammed's 25yo son buys N800m sports car, evades custom duties
Abdullahi Mohammed, the exuberant, unbelievably wealthy 25 year old billionaire son of a former Federal Capital Territory (FCT), Bala Mohammed, is in the news again.

Abdullahi Ibrahim, a man with no clear means of livelihood, estimated be worth  N35 Billion, has cars in his fleet worth over N2 billion. He was recently busted by the Nigeria Customs Service for evasion of duties worth about N124 million.