Nigeria mulls N1.50k per litre Customs Levy imposition on Petrol

  Customs pushes for downward Review of Tariff on new imported vehicles from 35% to 5% Levy The Nigerian Government has declared plans to reintroduce the abolished N1.50k per litre imposed on Petroleum¬†Products. Comptroller General of Nigeria Customs Service, NCS, Col. Hameed Ibrahim Ali, retd, who stated this before¬† the Senate, maintained that the revenue generating agency has actually asked the Federal Government to go ahead wuth the plan in accordance with the Petroleum Product Tax Regime of 2004. According to NCS, the move is to enable it expand the…

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