tolulope39:
if they like increase it 1000 times normal rate, we go survive

autojosh:

KingOdart:
We should start patronizing our own local goods instead of importing everything

KingOdart:
We should start patronizing our own local goods instead of importing everything

autojosh:


Without any notice, without any prior hint, the official Customs exchange rate was increased yesterday. The rate which used to be N306 per dollar has now been increased to N326 per dollar. Consequently, this has led to an increase in the cost of clearing cars and other imported items at the Nigerian ports.

The new rate was announced on Monday morning and it was implemented immediately throwing lots of vehicle owners and clearing agents into a state of confusion.

One of the clearing agents Autojosh spoke to confirmed that he had been asked to pay a surface duty amount of N2,350,000 for a Mercedes Benz SUV. However, he got a shocker after he tried to input the details into the Customs server in order to proceed with the clearing process. "This N2,500,000 I'm seeing on this computer must be an error".. He said to himself.

Another agent said he had calculated the total clearing cost of his customer's 2005 Toyota Camry using the usual surface duty of N201,000. Now, he has to go back to his customer to explain that the surface duty has been increased to N214,000 (note that these quoted surface duties is different from total clearing costs. Surface duty does not include taxes, shipping/terminal charges and other ancillary costs).

According to the Public Relations Officer of the Association of Nigeria Licensed Customs Agents at Tin Can Island Port, Mr Emmanuel Onyeme, all transactions and cargoes that were cleared at the port on Monday were already paying N326 per dollar.

The introduction of this policy is really saddening and it's even more saddening that it was implemented with immediate effect after importers had shipped their items and clearing agents had already accepted jobs using calculations based on the old rate of N306 per dollar.

Do you have a car or other items that's currently heading to Nigeria? Be ready to pay more than you initially anticipated.

https://autojosh.com/customs-import-duty-increases/

Take it easy bro

FortifiedCity:


I should be angry but then anything goes in Nigeria.

if an illiterate tribalist can be president, a convicted criminal can be speaker of HOR and a bokoharam apologist Senate president, then I can only say Nigeria's citizens are the most confused and the most docile on the planet

Ndiara

Joromi12:
open mouth like basket. How many people can afford a new car like innoson

KingOdart:
We should start patronizing our own local goods instead of importing everything

DOLLARTEX:
the directive is from CBN,the naira is officially floating.dollar price will now be determined by demand and supply!

tolulope39:
if they like increase it 1000 times normal rate, we go survive

kunkelhanspeter:
Dey are fulfilling they promise
To make the Igbos Irreverent in this country we are watching

autojosh:


Without any notice, without any prior hint, the official Customs exchange rate was increased yesterday. The rate which used to be N306 per dollar has now been increased to N326 per dollar. Consequently, this has led to an increase in the cost of clearing cars and other imported items at the Nigerian ports.

The new rate was announced on Monday morning and it was implemented immediately throwing lots of vehicle owners and clearing agents into a state of confusion.

One of the clearing agents Autojosh spoke to confirmed that he had been asked to pay a surface duty amount of N2,350,000 for a Mercedes Benz SUV. However, he got a shocker after he tried to input the details into the Customs server in order to proceed with the clearing process. "This N2,500,000 I'm seeing on this computer must be an error".. He said to himself.

Another agent said he had calculated the total clearing cost of his customer's 2005 Toyota Camry using the usual surface duty of N201,000. Now, he has to go back to his customer to explain that the surface duty has been increased to N214,000 (note that these quoted surface duties is different from total clearing costs. Surface duty does not include taxes, shipping/terminal charges and other ancillary costs).

According to the Public Relations Officer of the Association of Nigeria Licensed Customs Agents at Tin Can Island Port, Mr Emmanuel Onyeme, all transactions and cargoes that were cleared at the port on Monday were already paying N326 per dollar.

The introduction of this policy is really saddening and it's even more saddening that it was implemented with immediate effect after importers had shipped their items and clearing agents had already accepted jobs using calculations based on the old rate of N306 per dollar.

Do you have a car or other items that's currently heading to Nigeria? Be ready to pay more than you initially anticipated.

https://autojosh.com/customs-import-duty-increases/

autojosh:


Without any notice, without any prior hint, the official Customs exchange rate was increased yesterday. The rate which used to be N306 per dollar has now been increased to N326 per dollar. Consequently, this has led to an increase in the cost of clearing cars and other imported items at the Nigerian ports.

The new rate was announced on Monday morning and it was implemented immediately throwing lots of vehicle owners and clearing agents into a state of confusion.

One of the clearing agents Autojosh spoke to confirmed that he had been asked to pay a surface duty amount of N2,350,000 for a Mercedes Benz SUV. However, he got a shocker after he tried to input the details into the Customs server in order to proceed with the clearing process. "This N2,500,000 I'm seeing on this computer must be an error".. He said to himself.

Another agent said he had calculated the total clearing cost of his customer's 2005 Toyota Camry using the usual surface duty of N201,000. Now, he has to go back to his customer to explain that the surface duty has been increased to N214,000 (note that these quoted surface duties is different from total clearing costs. Surface duty does not include taxes, shipping/terminal charges and other ancillary costs).

According to the Public Relations Officer of the Association of Nigeria Licensed Customs Agents at Tin Can Island Port, Mr Emmanuel Onyeme, all transactions and cargoes that were cleared at the port on Monday were already paying N326 per dollar.

The introduction of this policy is really saddening and it's even more saddening that it was implemented with immediate effect after importers had shipped their items and clearing agents had already accepted jobs using calculations based on the old rate of N306 per dollar.

Do you have a car or other items that's currently heading to Nigeria? Be ready to pay more than you initially anticipated.

https://autojosh.com/customs-import-duty-increases/

obailala:
Apparently the CBN has quietly floated the Naira and ended the multiple exchange rate regime which everyone has been complaining and blaming Buhari about. Nigerians should brace up for a potential crash in the value of the Naira in the coming days or weeks. The Customs exchange rate is just a tip of the iceberg.

https://abokifx.com/news/nigeria-s-naira-is-free-floating-so-says-the-central-bank-bloomberg-quint

KingOdart:
We should start patronizing our own local goods instead of importing everything

Bizibi:
not now please let it be in the coming months.....

sparkleboy:
Chaiiiiiii
And I have cars coming ooi