Tags :Importation
According to the National Bureau of Statistics data on foreign trade, Nigeria’s import from China rose by 183.91 percent from N530.98 billion in the first quarter of 2018 to N1.51tn in Q1 2022. NBS said China Read More
The Transparency Network Group has said the federal government may be losing at least N2 billion monthly due to wrong declaration, under the declaration of goods by importers and other fraudulent practices at the port. Read More
The value of imported agricultural goods rose to N532.39billion in the fourth quarter of 2020 from N503.4billion in the third quarter in the same year– a 5.75 percent increase. This was disclosed by the National Read More
The amount spent on the importation of Premium Motor Spirit (petrol) rose to N2.11tn in 2020– a 17.54 percent increase against the previous year. According to the data obtained from the National Bureau of Statistics, the Read More
The President Shippers Association of Lagos, Jonathan Nicole, has said Nigeria loses over N800 billion monthly due to lack of 24-hour seaport operation – about N9.6 trillion lost in a year. According to Nicole, the Read More
With a 12.86 percent increase, when compared to the second quarter of 2020, the total value of importation into Nigeria in the third quarter stood at $1,461.49m as only seven states contributed to this increase. The National Read More
