SEREC rejects 2,000% hike in Customs licensing fees, recommends 85%

SEREC rejects 2,000% hike in Customs licensing fees, recommends 85%

The Sea Empowerment and Research Centre (SEREC) has urged the Nigeria Customs Service (NCS) to adopt a more balanced and solution-driven framework to its licensing fees for port operators to avoid crippling small and medium-sized enterprises (SMEs), inflating trading costs and undermining the country’s trade facilitation efforts.

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