Lagos - The re- introduction of the controversial benchmark for all imported consignments has jerked up the cost of clearing goods at Nigeria’s seaports by 200 percent.
The hike has resulted in the bulk of the goods destined for Nigeria going through the other ports in neighboring countries, reports Vanguard.
Uchu Block, National Secretary of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) said the hike is affecting clearing process at major ports.
Read more at Vanguard.
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