Breaking: Nigeria, Set to Introduce New Customs Duties, Tax Regime and Single Window.

As part of efforts to improve its drive for revenue generation, the Nigerian Government has adopted a module call Strategic Revenue Growth Initiatives. The Initiatives according to the Minister of Finance, Zainab Ahmed in the nation’s capital city, Abuja is to bridge the country’s revenue gab. She said more emphasis will be placed on taxes as Nigeria’s Value Added Tax VAT Revenue to Gross Domestic Product GDP is extremely low compare to other African countries as such calls for urgent review to meet best International practices.