Nigerian Senate Probes N34 Trillion Import Duty Waivers
The Nigerian Senate has launched an investigation into N34 trillion (approximately $34 billion) in import duty waivers granted by the Federal Government in 2025, which the Customs Service blames for significant revenue losses. The Senate is threatening sanctions for defaulting Ministries, Departments, and Agencies (MDAs) that fail to provide information regarding these waivers.
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Import duty waivers on CNG, medical equipment, others rise to N34trn- Customs CG
The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, said the figure was reached between March 2000 and December 2025. The post Import duty waivers on CNG, medical equipment, others rise to N34trn- Customs CG appeared first on Premium Times Nigeria.
By Abdulqudus Ogundapo
Read full article →FG granted N34tn import duty waivers in 2025 – Customs
Nigeria Customs Service reveals the Federal Government granted N34tn in import duty waivers in 2025, significantly impacting revenue generation. Read More: https://punchng.com/fg-granted-n34tn-import-duty-waivers-in-2025-customs/
By Punch Newspapers
Read full article →Senate probes ₦34tn import duty waivers, threatens sanctions for defaulting MDAs
**Orders Customs to submit updated audited accounts within one week**CAC admits ₦13.9bn unremitted operating surplus; NNPCL GCEO summoned By Henry Umoru ABUJA — The Senate has threatened to sanction several Ministries, Departments and Agencies (MDAs) for failing to honour invitations to its ongoing investigation into the remittance of internally generated revenue and operating surplus into […] The post Senate probes ₦34tn import duty waivers, threatens sanctions for defaulting MDAs appeared f...
By Nwafor
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