Customs Clarifies Use of Exchange Rates in Valuation Process
By Zainab Uzomah| Abuja The Nigeria Customs Service has issued a clarification following public debate over the exchange rates applied in import and export valuation. In a statement on Monday, the Service said it does not set or alter foreign exchange rates used in its operations. According to the statement signed by the National Public Relations Officer, Deputy Comptroller Abdullahi Maiwada, the rates used in the Customs digital clearance platform—known […]