Latest Breaking News On - Association of nigeria licensed customs agents - Page 7 : comparemela.com

• Stalemate enters 46 days over border closure • Shortage of raw materials might worsen, consumers to pay more amid inflation Still reeling from the effects of Nigeria’s border closure on its economy, the government of the Republic of Benin has imposed new import duty of CFA9 million (N6.5 million) per transit truck on Nigeria-bound cargoes transiting through the country, which are exempted from all forms of duty under the Economic Community of West African States (ECOWAS) protocols on transit goods. With the situation yet to be resolved 46 days after, Nigerian manufacturers have suffered losses as their cargoes have remained within the Benin Republic borders, while those with deep pockets have had to pay more to transit the goods via the sea link.

Abuja federal capital territoryRepublic of togoRepublic of beninAdegbola monsuruKayode farintoBisiriyu fanuNational viceNigerian embassy in cotonouLagos chamberAssociation of nigeria licensed customs agentsSingle currency programmeEconomic community of west african statesMinisterial committeeCustoms unionEconomic communityWest african states