FG to Spend N8bn on Public Awareness for Electricity Bill Payments – Minister
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January 14, 2025
The Federal Ministry of Power plans to allocate N8 billion in 2025 to educate Nigerians about the importance of timely electricity bill payments. Minister of Power, Adebayo Adelabu, revealed this during the ministry’s budget defense before the…
Nigeria Customs Lowers Exchange Rate for Import Duty Payments
April 19, 2024
The Nigeria Customs Service (NCS) has announced a significant adjustment to the exchange rate used for calculating import duties, dropping it from N1238.1 to N1,147 per US dollar. This reduction of N91.1 marks a welcome development for importers, coming…