It said that the new tariffs mostly amounted to about 50 percent increases on previous levels and would raise customs revenues by 6 billion Egyptian pounds ($339 million) a year, assuming imports remain at current volumes.
Govt sharply increases customs duties as it seeks to curb imports
It said that the new tariffs mostly amounted to about 50 percent increases on previous levels and would raise customs revenues by 6bn Egyptian pounds.
Recommended articles
A list of new tariffs shows significant increases on imports of various fruits, deodorant and cosmetics as well as a wide range of consumer goods including carpets, fans and microwave ovens.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Nigeria to become 3rd largest economy by 2075 attributed to Tinubu - Shettima
EFCC says obstruction of duties bag 5 yrs jail term, Yahaya's arrest sparks tension
PDP caucus extends acting chairman Damagum's term
Soldiers catch their fellow soldiers stealing cables at Dangote Refinery
Japa bid halted as Navy arrests 75 Nigerians hiding on container ships in Lagos
Comparing comprehensive vs third-party auto insurance in Nigeria
Kaduna Speaker to El-Rufai's son: Your threat won't stop us from probing your father
Makinde demolishes building where Yoruba Nation agitators operate from
APC chieftain, Lukman faults NWC for backing Ganduje over suspension
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT