Import Archives — Page 3 of 4 — City Business News

December 1, 2020 No Responses

Nigeria Explains N1.02tr Import Duty Waiver, Grants In Three Years

The Federal Government has conceded N1.024 trillion import duty waivers, concessions and grants to drive economic growth in the country in the past three years. The Minister of Finance, Budget and Planning, Mrs Zainab Ahmed, made this known at a...

November 17, 2020 No Responses

NPA Receives 23 Ships Laden With Petroleum Products, Food Items, Others

Between November 16th and December 3, 2020, the Nigerian Ports Authority (NPA) is to receive 23 ships laden with petroleum products, food items and other goods. NPA explained in its publication, `Shipping Position’, the ships are expected to arrive at...

October 14, 2020 No Responses

Customs Impounds 1,400 Bags Of Fertilizer, Generates N39.99b In Oyo/Osun

The Nigeria Customs Service (NCS), Oyo/Osun Area Command, has arrested 25 suspected smugglers and seized a total of 1,400 bags of fertilizer. The Customs Area Controller, Comptroller Uche Ngozi, disclosed this on Tuesday in Ibadan while briefing journali...

September 9, 2020 No Responses

Farmers Fault Partial Importation Of Maize

The Nigerian Young Farmers Network (NYFN) has appealed to the Federal Government to rescind a decision on the plan for partial importation of maize and other restricted crops. The National Coordinator of the network, Mr Promise Amahah made the appeal...

August 5, 2020 No Responses

NPA Receives 22 Ships Laden With Petrol, Frozen Fish, Wheat, Others

The Nigerian Ports Authority (NPA) on Tuesday disclosed that 22 ships at the Lagos seaports were discharging petroleum products and food stuff. NPA in its publication, Shipping Position, explained that other contends are frozen fish, general cargo, containers,...

June 24, 2020 No Responses

NPA To Receive 20 Ships Laden With Petroleum Products, Frozen Fish, Wheat, Others At Lagos Seaport

The Nigerian Ports Authority (NPA) is expecting 20 ships laden with petroleum products, food items and other goods from June 23 to July 7. NPA in its publication, `Shipping Position’, explained that the ships are expected to arrive Lagos Port...

June 24, 2020 No Responses

US Probes Tyre Imports From South Korea, Thailand, Taiwan, Vietnam

The U.S. Commerce Department said on Tuesday it had opened investigations into vehicle tyre imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the tyres are being sold at less than fair value.The department said it was also investiga...

March 2, 2020 No Responses

Senate To Facilitate Return Of SON To Seaports

The Senate Committee on Industries has restated its commitment to return the Standards Organisation of Nigeria (SON) officials to the nation’s seaports. The Chairman, Senate Committee on Industries, Sen. Bayo Osinowo, in a statement expressed displeasure at ...

December 12, 2019 No Responses

Nigeria Develops Portal For Import Duty Exemptions, Vehicle Identification Number

The Federal Executive Council (FEC) on Wednesday approved the development of a portal for the management of import duty exemptions and vehicle identification numbers. Briefing Journalists after the meeting, the Minister of Finance, Budget and National Pl...

November 22, 2019 No Responses

CBN: Nigeria Imports $600m Cassava Derivatives Annually

Nigeria imports cassava derivatives valued at about 600million dollars annually, Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) has said Emefiele disclosed this at a meeting With State Governors of Cassava Producing States in Abuja on Thursd...

August 14, 2019 No Responses

Buhari To CBN: Stop Forex For Food Import

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop release of Foreign Exchange (FOREX) for food import, saying Nigeria has achieved food security. Speaking on Tuesday, Buhari said: “We have achieved food security, and for physi...

December 10, 2018 No Responses

Nigeria Lauds $21b Savings On Food Import

PRESIDENT Muhammadu Buhari has commended Nigerians for curbing excessive taste for foreign products. According to the President, the new development, he said, has positioned the country for food self-sufficiency and resulted in saving over $21 bill...

December 10, 2018 No Responses

US Imports Hit Two Million Containers In One Month

Imports at the major retail container ports in the US have set another record reaching 2 million containers in a single month as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from...

November 15, 2018 No Responses

SON Decries Falsification Of Documents By Importers

The Director-General, Standards Organisation of Nigeria (SON), Osita Aboloma, has appealed to importers and their representatives to desist from falsification of documents. Aboloma, who made the appeal during the organisation’s advocacy session organised fo...