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abujagirl
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The Customs says under the waiver regime supervised by Okonjo-Iweala, more than 65 percent of incentives on export were for questionable goods
In the last three years, Nigeria lost a staggering N1.4 trillion on import waivers – not N171 billion as claimed by finance minister, Ngozi Okonjo-Iweala — and lost hundreds of billions of naira more as authorities recklessly grant import/export incentives on unapproved goods from rice to fish to kolanuts, with no significant bearing on the economy, the Nigeria Customs Service has said in a new document seen by PREMIUM TIMES.
Click source for more details: Premium Times
In the last three years, Nigeria lost a staggering N1.4 trillion on import waivers – not N171 billion as claimed by finance minister, Ngozi Okonjo-Iweala — and lost hundreds of billions of naira more as authorities recklessly grant import/export incentives on unapproved goods from rice to fish to kolanuts, with no significant bearing on the economy, the Nigeria Customs Service has said in a new document seen by PREMIUM TIMES.
Click source for more details: Premium Times
