Nigeria Customs Sets 30-Day Clearance Deadline for Imports
Imported goods and products at the nation’s ports would henceforth be cleared under 30-days, in a bid to streamline operations and reduce port congestion. The 30-day clearance period was announced in a statement by the National Public Relations Officer of the Nigeria Customs Service, Abdullahi Maiwada, who noted that an additional provision of a 30-day […]
FG considers Zero VAT for Pharmaceutical Products
Ministry of Health and Social Welfare has finalised the Executive Order Harmonised Implementation Framework that abolishes Value Added Tax (VAT), and Excise Duties on pharmaceutical products and medical devices. Minister of State for Health and Social Welfare, Dr. Tunji Alausa, told journalists in Abuja yesterday that the development, which has been cleared for gazetting, was […]