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Is The Naira Truly Floated - Investment - Nairaland

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Is The Naira Truly Floated by frank33(m): 11:39am On Jun 26, 2023
If Naira is truly floated why is customs not using the average of the I&E window to calculate duty?

Customs duty is currently calculated at N589/Dollar

If the Federal Government is still regulating exchange rate for duty, then its only a matter of time before we will return back to the days of multiple exchange rates.

Or am I missing something

https://punchng.com/naira-devaluation-pushes-up-vehicles-duties-by-40/
Re: Is The Naira Truly Floated by Acidosis(m): 11:42am On Jun 26, 2023
A very genuine issue here.
Re: Is The Naira Truly Floated by frank33(m): 11:52am On Jun 26, 2023
If the government is being honest, then the I&E window average should be in use across all government payments.

What is really going on

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