Tariff Hike – City Business News

March 5, 2026 No Responses

Shippers’ Council Urges Dialogue Between Shipping Firms, Clearing Agents Over Tariff Hike Dispute

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Pius Akutah, has called on foreign shipping companies and clearing agents to engage in constructive dialogue to resolve the ongoing dispute over increased charges and tariffs at Nigeria’s seaports.Akutah made the...

November 6, 2025 No Responses

MAN Backs 15% Import Tariff On Fuel

The Manufacturers Association of Nigeria (MAN) has expressed strong support for the recently approved 15 per cent import tariff on petrol and diesel, stating that the policy will reinforce local content and increase patronage of Made-in-Nigeria products.In a s...

February 13, 2025 No Responses

Tariff Hike: NLC Threatens Nationwide Shutdown

The Nigeria Labour Congress (NLC) has condemned the implementation of a 50% tariff hike by telecommunication companies, demanding immediate reversal to the old tariff. The NLC and the Federal Government had earlier constituted a 10-man committee to deliberate ...

February 11, 2025 No Responses

Nigeria Customs Suspends Implementation Of 4% FoB Charge At Seaports

TheNigeria Customs Service (NCS) has suspended the implementation of 4% Free-on-Board (FoB) value on imports earlier announced by the service.This is sequel to ongoing consultations with the Minister of Finance and Coordinating Minister of the Economy, Mr Olaw...

January 21, 2025 No Responses

NCC Okays 50% Tariff Hike For Telcos

The Nigerian Communications Commission (NCC) on Monday approved a 50% tariff increase for telecoms operators in the country. NCC Director, Public Affairs, Reuben Muoka in a statement explained that the price adjustment though lower than the “over 100% reques...