𝐓𝐡𝐞 5% s𝐮𝐫𝐜𝐡𝐚𝐫𝐠𝐞 𝐨𝐧 f𝐮𝐞𝐥: 𝘞𝘩𝘢𝘵 𝘪𝘴 𝘵𝘳𝘶𝘦 𝘢𝘯𝘥 𝘸𝘩𝘢𝘵 𝘪𝘴 𝘯𝘰𝘵?

By Taiwo Oyedele This note seeks to clarify matters arising regarding the 5% fuel surcharge in the new tax laws. The charge is not a new tax introduced by the…

Continue Reading𝐓𝐡𝐞 5% s𝐮𝐫𝐜𝐡𝐚𝐫𝐠𝐞 𝐨𝐧 f𝐮𝐞𝐥: 𝘞𝘩𝘢𝘵 𝘪𝘴 𝘵𝘳𝘶𝘦 𝘢𝘯𝘥 𝘸𝘩𝘢𝘵 𝘪𝘴 𝘯𝘰𝘵?

Customs approves $300 duty-free threshold for low-value imports and passenger baggage

The Nigeria Customs Service Board (NCSB) has approved a de minimis threshold of $300 for low-value consignments imported through express shipments or passenger baggage. De minimis refers to the minimum…

Continue ReadingCustoms approves $300 duty-free threshold for low-value imports and passenger baggage

‘Lagos belongs to the people, not one man’ — Rhodes-Vivour challenges Tinubu’s grip on state

Former Labour Party (LP) governorship candidate in Lagos, Gbadebo Rhodes-Vivour, has declared that the state does not belong to President Bola Tinubu or his long-standing political structure. Speaking during a…

Continue Reading‘Lagos belongs to the people, not one man’ — Rhodes-Vivour challenges Tinubu’s grip on state