Lanre Issa-Onilu, NOA DG, says the federal government's plan to authorise customs, NPA, and NIMASA to charge duties, fines, and levies in naira will stabilise the local currency.
Lanre Issa-Onilu, director-general of the National Orientation Agency , says the federal government’s plan to authorise the Nigeria Customs Service , Nigeria Ports Authority , and Nigerian Maritime and Safety Agency to charge duties, fines, and levies in naira will stabilise the local currency.
On September 26, Bayo Onanuga, special adviser to the president on information and strategy, announced the federal government isIn an editorial on The Explainer, a weekly publication of the NOA, Issa-Onilu said charging import duties in naira will reduce the volatility of the naira.Advertisement “The Federal Government is fine-tuning the policy to authorise the charging of duties, fines, and levies by the Nigeria Customs Service , Nigeria Ports Authority , and Nigerian Maritime and Safety Agency in naira,” he said.
“It is another bulls-eye decision to stabilise the exchange rates and reduce the volatility of the naira. The years ahead foretell a prosperous nation.” Also, as part of the federal government’s efforts to reduce the pressure on the local currency, on July 29, the federal executive council approved a proposal by President Bola Tinubu directing the Nigerian National Petroleum Company Limited
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Issa-Onilu: Tinubu concerned about next generation — end will justify current hardshipLanre Issa-Onilu, director-general of the National Orientation Agency (NOA), says President Bola Tinubu is concerned about the next generation of Nigerians than next election.
Read more »
Issa-Onilu: FEC has approved citizen brigades, citizenship studies in schoolsLanre Issa-Onilu, the director-general (DG) of the National Orientation Agency (NOA), says the federal executive council (FEC) has approved the memos for establishment of citizen brigades in primary and secondary schools.
Read more »
Issa-Onilu: NOA was abandoned by previous governments... restructuring ongoingLanre Issa-Onilu, director-general of the National Orientation Agency (NOA) says the agency is undergoing a significant restructuring.
Read more »
Transfer: Something unexpected happened – Al-Issa reveals why Vinicius didn’t join Al-AhliSaudi Pro League side, Al-Ahli, has opened up on why their move for Real Madrid's superstar Vinicius Junior did not materialise. Al-Ahli chief, Khaled Al-Issa, confirmed that the club tried to bring in Vinicius Jr. in the summer transfer window.
Read more »
NPA moves to coordinate sale in Naira for crude oilThe Nigerian Ports Authority, NPA, in collaboration with other government agencies, has concluded plans to implement the sale in Naira for crude oil ..
Read more »
NPA, NIMASA to begin fee collection in Naira rather than Dollar- PresidencyNigeria's Presidency has said the Nigerian Port Authority and Nigerian Maritime Administration and Safety Agency plan to begin the collection of fees in Naira rather than in United States dollars or other foreign currencies.
Read more »