Browsing Tag
Import Waivers
2 posts
House Committee Demands Accountability for ₦34 Trillion Customs Waivers and Revenue Discrepancies
The House of Representatives Committee on Finance has ordered the Nigeria Customs Service to disclose details on ₦34 trillion in import waivers and resolve discrepancies in their revenue reporting.
Experts demand investigation into Nigeria’s N34 trillion import waiver loss
Financial experts are calling for a formal inquiry after it was revealed that Nigeria lost N34 trillion to import duty waivers in 2025, a sum equivalent to 61 percent of the national budget.