Importers in the Nigerian business ecosystem might soon have a reason to smile as the presidential committee on fiscal policy and tax reforms disclosed that it has proposed that the federal government peg an exchange rate of N800/$1 for customs import duty.
Taiwo Oyedele, chairman of the committee, made this known on Thursday while engaging journalists on the activities of the tax panel in Lagos.
It would be recalled that the customs import duty rate has been on a yoyo movement recently with critical stakeholders calling for the rate to be fixed.
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