Tag: import

Trump triumphs: China allows US imports of beef and poultry

by Itunuoluwa Adebo The United States and China have agreed to take action by mid-July to increase access for US. financial firms and expand trade in beef and chicken as…

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Hameed Ali says most Customs officers are not corrupt | YNaija.com

Customs intercept N242.6m smuggled drugs

The Nigeria Customs Service on Tuesday disclosed that it had intercepted truckloads of smuggled imported drugs worth over N242.6m. According to the Comptroller General of Customs, Col. Hameed Ali (Retd),…

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Nigeria will stop importation of petroleum products by 2019 – Kachikwu

Minister of State for Petroleum Resources, Ibe Kachikwu has said Nigeria will stop the importation of refined petroleum products by 2019. Kachikwu made the disclosure at a public hearing on…

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Analysis: The Federal Government’s recent import duties hike leaves us very confused

by Mark Amaza On Monday, the Federal Government announced that it had raised import duties on what it termed as ‘luxury goods’ such as yachts and Sport Utility Vehicles (SUVs)…

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Fact Check: Dear Godwin Emefiele, Nigeria doesn’t spend N1trillion on rice and wheat imports annually

by Ezinne Ajoku It was reported that Godwin Emefiele, the governor of the Central Bank of Nigeria, speaking last Thursday at the launch of CBN Anchor Borrowers Programme and 2016/2017…

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Opinion: How agriculture and trade can drive Nigeria back to wealth

by Chiemezie Okeke-Ojiudu Nigeria is a diverse and rich nation; one with raw potential, human capacity, natural resources, fertile land and limitless possibilities. The giant of Africa as it were. Nigeria’s…

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Ships have arrived at Lagos ports with more petrol

The Nigerian Ports Authority (NPA) has revealed that Apapa and Tin-Can Island ports in Lagos are expecting about 28 ships with petroleum products, food items and general goods from May 9 to…

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This is how much Nigeria spends to import fuel every 4 months

An average of $1.8 billion is spent - every 4 months - on the importation of Premium Motor Spirit, into the country. This was revealed on Wednesday, April 13, by…

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Importation of petrol much more cheaper than domestic production – Ibe Kachikwu

Contrary to the belief that domestic refining of fuel would save Nigeria huge sums of money, the Minister of State for Petroleum Resources, Ibe Kachikwu, on Monday, stated that for now…

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Saudi Arabia products banned in Iran

As the rift between the two countries deepens, Iran has banned the importation of all products from Saudi Arabia with immediate effect. A few days ago, Saudi Arabia took the…

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Fuel Scarcity: Nigerians are paying for Jonathan’s sins – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed has said that the immediate past government of Goodluck Jonathan, oil marketers and vandals should be blamed for the recurring fuel scarcity…

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N4.9bn worth of goods passed through Seme Border in first six months

by Jewel Stephen   The Nigeria Customs Service (NCS), Seme Border, says it has handled exportable goods valued at N4.9 billion between January and June this year. This was disclosed…

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Opinion: Is Nigeria a country one should die in?

by Ebenezer Obadare Unless of course such people happened to be involved in a fatal air or road crash or fell to the bullets of hired assassins. This fact is…

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Too little, too late: Capital Oil faults presidential committee report, describes it as ‘indefensible’

by Akan Ido Capital Oil and Gas, one of the companies indicted by the Presidential Committee on Verification and Reconciliation of Fuel Subsidy Payments headed by Aigboje Aig-Imoukhuede, has described…

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Enjoying your imported rice? It’s 10 years old

by Stanley Azuakola As you take another spoonful of rice today, here’s something you should know. An investigation by one of Nigeria’s leading dailies, The Punch, reveals that no imported…

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