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Nigeria: FOB Levy on Imports Will Fuel Inflation – Expert

Nigeria: FOB Levy on Imports Will Fuel Inflation – Expert

By Martha Agas An expert, Dr Emmanuel Eche, says the four per cent Free On Board (FOB) levy on import duties by the Nigeria Customs Service (NCS) will raise importers’ costs and trigger cost-push inflation. Eche, a Senior Lecturer at the Department of Economics, Federal University Wukari, Taraba, said this in an interview with the [...]

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