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Macroeconomy
Import Duty Waivers Hit N34tn In 2025, Customs Tells Senate
Leadership News
Jul 13, 2026 · 23:19 WAT
The Comptroller-General of the Nigeria Customs Service announced that Import Duty Exemption Certificate approvals reached approximately thirty-four trillion Naira in 2025. This volume of waivers has significantly impacted the agency's revenue generation capacity, as disclosed during a Senate Committee on Finance hearing.