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Nairaland Forum / Nairaland / General / Politics / Customs Increases FX Rate For Import Duties To ₦1,441/$ (11986 Views)
Customs FX Rate For Import Duties Rises To ₦1,530/$ / Customs Reduces Exchange Rate For Import Duties Payment / CBN Pegs Rate For Import Duty Payment (2) (3) (4)
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Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Bluntemperor: 4:07pm On May 04 |
The Custom dept is a Fraud- by unilaterally frustrating Nigeria Production Capacity Businesses, because each time Dollars goes up,they quickly and easily do adjust their Charges/Rates,same for all goods coming to the Country! •The govt is not serious too- by not Monitoring the Operations of these Agencies,Customs,NNPC,other MDAS,etc, -because the Customs Dept is behaving as if they Own Nigeria,by the nature of what they are Collecting - Revenue! Why should you be raising your Charges Against everyone, because they are Importing - Fed Govt is not monitoring these Dept,at all! In fact, they( Custom) is part of those killing our businesses because how many of those Industries goes to the Banks to process their Documents and many eventually abandoned the business when the Price- Charges attached is too high! Worse is when you are trading across the borders,as Corruption here is just terrible and bad ! As at today,many businesses have been frustrated and dying, because of high Import Duties to be paid! •The National Assembly ( Senators and House of Reps) are all moot on this serious matters - why should Custom Officials behaving like this- frustrating businesses they don't Create?e.g. those Importing Cars are abandoning this business because of unrealistic Duty to be paid as to meet their -Revenue Target! 4 Likes 1 Share |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by chatinent: 4:17pm On May 04 |
There should be a bigger superlative word for worst because that's the present situation. 1 Like 1 Share |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Threedoorsdown: 4:49pm On May 04 |
Raymondfayowole: A consumer nation trying to discourage importation without adequate alternative local products. Lol 6 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by silaswills01(m): 4:53pm On May 04 |
Stupid country This country disgust me 🤮 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by silaswills01(m): 4:55pm On May 04 |
AqualinaXYZ: Vote competence over religious and ethnic sentiments they refuse This is the consequence Let the country burn 🔥 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by alfredfrddy(m): 4:59pm On May 04 |
In a country where production is encourage? I can't count how many businesses in my area has been shut down due to the rip off from PHCN that has been charging the people exorbitant for light we don't see, causing the people to go look for cleaner jobs with meagre salaries that can't take them home. Are we still saying the devil is not one of us? And the are busy building prisons to jail the children of commoners who leverage the evil the government has done to survive by hook or by crook. May God reward them and their families according for turning commoners in monsters and beasts. My their evil not forget to consume them. 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Mtmike(m): 5:01pm On May 04 |
And some people keep saying things are not getting cheaper, how will they be cheaper? We import almost everything we consume and custom keep increasing rate. Things will never be cheaper. Custom duty increase rate means imported goods price will go up Bank also increase interest rate mean than locally produced goods with bank loan will go up. Especially when u have monopoly, the consumer go see pepper This government enh, I don’t know who is advising them 3 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by tinktanker: 5:03pm On May 04 |
A man once said. I will increase the tax net.... Obviously, he was bent to suffer the masses. 3 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Treadway: 5:08pm On May 04 |
chatinent:worstest.....lol 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by HopeGying: 5:14pm On May 04 |
Hopefully you would eat next week bluepanther: 3 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Fearyourcreator: 5:19pm On May 04 |
AqualinaXYZ:If person go vote , na igbos them dey talk .. |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Fearyourcreator: 5:21pm On May 04 |
Sheuns:When them no increase am ... Your people bring price down |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by rolams(m): 5:23pm On May 04 |
We shall get it right one day. |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Omalicious1: 5:29pm On May 04 |
iwaeda: Customs, you guys should take it easy before Yemi go blame una for the rising of dollar oh!!! 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by sonnie10: 5:41pm On May 04 |
advanceDNA:When dollars was #550, to clear a 2010 Camry was highest #550k ( one thousand dollars). But today, to clear the same 2010 Camry is almost #4M ( Three thousand dollars) . This is madness ! 2 Likes 1 Share |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Yankee101: 6:03pm On May 04 |
Self inflicted injury 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Ezmans: 6:08pm On May 04 |
jmoore:it's Peter obi 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by vikstandon(m): 6:18pm On May 04 |
FG blames naira crash on Cryptocurrency, but Custom an agency of the Government is moving fx to ₦1,441/$ Jokers! 1 Like 1 Share |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by schoolboymatt(m): 6:25pm On May 04 |
clapdown bybits and bitsget. this will further push naira up to lets say 350/$ If this approach no work, make una kuku free binance make boiz chop 🙏 |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Diligence: 6:48pm On May 04 |
In conclusion, Tinubu doesn't care about Nigerians anymore! What he cares about is MORE MONEY/REVENUE...later ask about the money... it's gone! Crazy Import Duties is the number one factor that affects the prices of goods and services! Nigerians: b4 una eyeZ dem dey just dey devalue the Naira haphazardly Abi arbitrarily...Abi anyhows! 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Paulruth: 6:58pm On May 04 |
Dyfynezz12:No but it won't be bad for the poorest of us from all regions wey no get sense when election comes to starve and die so we go get space 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by NinjaMetahuman: 7:30pm On May 04 |
There goes the value of naira. 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Inspirer1: 7:35pm On May 04 |
Raymondfayowole:I think so..... |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Gooding55(m): 8:04pm On May 04 |
tnerro1:😁 CBN has updated the rate on their site. Everyone is safe now. 😁😁😁😁 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Ewedegubbler: 8:20pm On May 04 |
The greatest buffoonery of thjs administrations life was blaming binance for its self inflicted economic woes. 3 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by BigIyanga: 8:49pm On May 04 |
Their zombie followers no wan criticize now… when traders and importers increase prices dem go begin complain. So Naija Customs na Bank PLC now Why charging in $$ and pegging it above FX$ market rate?? 2 Likes 1 Share |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by stuffs2002: 9:02pm On May 04 |
AqualinaXYZ: 1) Peter Obi will never be president of Nigeria 2) No IIGB0 will ever smell the presidency of Nigeria 3) We will never give IIGB0 BIAFLA Know the above and know peace 1 Like |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Daystar7: 10:08pm On May 04 |
stuffs2002: You ll never see anything good all the days of ur life... Useless thing 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by grandstar(m): 10:25pm On May 04 |
iwaeda: The finance minister and the CBN governor should put an end to this anti-business policy. 2 Likes |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Love800(m): 12:46am On May 05 |
What is the difference between custom officers and immigration officers pls? Kingrshd3: |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by Love800(m): 12:50am On May 05 |
What is the difference between custom officers and immigration officers pls? Bluntemperor: |
Re: Customs Increases FX Rate For Import Duties To ₦1,441/$ by george5084(m): 1:55am On May 05 |
When import increases in a country the higher the lower the currency of the home country.. |
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