Nigerian Government Ends Customs' 7% FAAC Deduction Policy

The Nigerian government has terminated the Customs' 7% FAAC deduction policy, introducing a new 4% Free-on-Board funding model that is expected to impact federal revenue.

18 Mar, 02:33 — 18 Mar, 02:33

Post Share

Sources

Showing 1 of 1 sources

punch-ngMostly Factual3d ago

FG ends Customs’ 7% FAAC deduction policy

The Nigerian government has ended the Customs’ 7% FAAC deduction. Learn about the new 4% Free-on-Board funding model and its impact on federal revenue. Read More: https://punchng.com/fg-ends-customs-7-faac-deduction-policy/

By Punch Newspapers

Read full article →

PERSPECTA

PERSPECTA

Nigerian Government Ends Customs' 7% FAAC Deduction Policy

Sources

FG ends Customs’ 7% FAAC deduction policy

Related Stories

German Budget Cuts and Debt Debate

Farmers' Group Criticizes Philippine Energy Secretary Over 'No Oil Crisis' Remark

Arab Nations, Including Saudi Arabia, Egypt, and Turkey, Condemn Israeli Strikes on Syria

Philippine Teachers Oppose Trimestral School Year Plan

PERSPECTA