AllAfrica on MSN
Senate probes N34tn import duty exemption certificates, seeks accountability for revenue losses
The Senate Committee on Finance on Monday opened a fresh probe into the federal government's issuance of Import Duty Exemption Certificates (IDEC) valued at about N34 trillion between March 1, 2000 ...
The Nigeria Customs Service has revealed that the value of Import Duty Exemption Certificate approvals for imported goods and ...
Senate investigates N34 trillion import duty waivers, warns defaulting MDAs of sanctions and demands accountability for ...
Bashir Adewale Adeniyi, has disclosed that approvals for Import Duty Exemption Certificates (IDECs) rose to about N34 trillion in 2025, significantly affecting the service's revenue generation.
Adeniyi made the disclosure on Monday while appearing before the Senate Committee on Finance during an investigative session ...
Nigeria Customs Service reveals the Federal Government granted N34tn in import duty waivers in 2025, significantly impacting ...
The value of import duty waivers granted on military hardware, healthcare supplies, manufacturing inputs, food commodities, ...
The Senate has intensified its oversight of federal revenue-generating agencies, opening a far-reaching investigation into ...
Independent Newspaper Nigeria on MSN
Cost of import duty waivers hits ₦34tn in 2025, customs tells Senate
Sola ShittuThe Nigeria Customs Service (NCS) has disclosed that the value of Import Duty Exemption Certificate (IDEC) approvals granted by the Federal Government rose to ₦34 trillion in 2025, a ...
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