In a bid to boost e-commerce and trade, the Nigeria Customs Service (NCS) has implemented a new De Minimis policy. Under this regulation, imported goods valued at $300 or less are exempt from customs duties. This move is expected to encourage affordable online shopping and simplify customs clearance procedures for small-value parcels.
Emeh Franklin
52 days agoIn a bid to boost e-commerce and trade, the Nigeria Customs Service (NCS) has implemented a new De Minimis policy. Under this regulation, imported goods valued at $300 or less are exempt from customs duties. This move is expected to encourage affordable online shopping and simplify customs clearance procedures for small-value parcels.