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

The Sea Empowerment and Research Centre (SEREC) has urged the Nigeria Customs Service (NCS) to reconsider its proposed 2,000 percent increase in licensing fees for port operators, warning that such a sharp hike could cripple small and medium-sized enterprises (SMEs), raise trading costs, and undermine trade facilitation efforts. In a bulletin signed by its Head

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