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Home Economy NCS Doesn’t Influence Exchange Rates- Customs Spokesperson
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NCS Doesn’t Influence Exchange Rates- Customs Spokesperson

By
Timi Bomodi
-
September 14, 2022
The Kano Jigawa Customs Command handed over seized illicit drugs to NAFDAC

NCS Doesn’t Influence Exchange Rates- Customs Spokesperson

The attention of the Nigeria Customs Service has been drawn to reports by some sections of the media attributing the increase in exchange rate in our system to the Nigeria Customs Service.

Read Also:

  • Para-Military Agencies Get 12-Month Deadline to Deliver Reforms
  • Erasmus Ikhide Narrowly Escapes Death in Collision with Dangote Truck
  • Troops Sustain Offensive Against Bandits, Eliminate Scores in North West, North Central Regions

Noting that the rate of exchange used to calculate duty payments is not a static phenomenon, we wish to reiterate that the Central Bank of Nigeria is the only organisation vested with the authority to determine official rates as applicable for the purpose of calculating duties and other taxes applicable for import and export.

Members of the trading public are kindly advised to go about their business dealings with the full assurances of the Service’s commitment to trade facilitation.

DC Timi Bomodi
National Public Relations Officer
For: Comptroller General of Customs
14 September 2022

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Para-Military Agencies Get 12-Month Deadline to Deliver ReformsErasmus Ikhide Narrowly Escapes Death in Collision with Dangote TruckTroops Sustain Offensive Against Bandits, Eliminate Scores in North West, North Central RegionsFCT Police Arrest 10 Suspected Drug Dealers, Recover Drugs, Kidnapping ProceedsSecurity Forces Bust Child Trafficking Syndicate, Arrest 5 Suspects in A'IbomPHOTOS: Bauchi Constituents Rally APC to Draft Senator Buba for 2027 Governorship RacePantami Foundation Pays Outstanding Fees for Gombe Students at BUKCDS Musa Launches Operation Enduring Peace, Tasks Troops to ‘Win Peace, Not Just War’TRAVELOGUE: Kaduna Almajiris and A Parley Inside Arewa Forum's House By Lawal Dahiru MammanOHCSF Celebrates 57 Retirees for Exemplary Service and DedicationAlake Orders Mining Marshals to Seal Illegal Gold Mining Site in GwagwaladaPolice Rescue Abducted Senior Officer in Sokoto, Arrested UNILAG Lecturer Over Rape AllegationFG Inaugurates Boards, Management Teams of Three Regional Development CommissionsNAF Reaffirms Commitment to Civilian Protection, International Humanitarian LawTroops Repel Bandit Attack on Military Base, Eliminate Scores in Niger
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