Importation of tomatoes from Benin Republic and other neighbouring countries by Nigerians particularly across the Seme border is on the increase following the Boko Haram insurgence in the North- East of the country famous for tomato farming. As a result, the Nigeria Customs Service (NCS) has collected over N5million baggage fees from such imports in just two months. A trip to Benin Republic by Financial Vanguard reporter, where tomato farms are rapidly springing up showed that the import of the vegetable has become a big business for both the producers in Benin Republic and buyers of the produce in Nigeria.
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Showing posts with label import. Show all posts
Showing posts with label import. Show all posts
Sunday, December 15, 2013
Friday, October 4, 2013
FG set to increase import duties on cars
Twenty-four hours after the new automotive development plan was approved by the Federal Executive Council, the Federal Government on Thursday said a new tariff on the importation of cars would be announced soon. The move will make imported cars more expensive thus, promoting the purchase of locally manufactured vehicles.
Continue after the break.
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