Buba Gyang Comptroller General of the Nigeria Customs Service (NCS ) states in the Daily Trust:
“They (duties) provide a large part of their annual revenue,” Gyang told the News Agency of Nigeria...According to him, some African countries depend on the duties for more than 60 per cent of their annual revenue.“If you look at the issue of collapsing trade barriers from one point, you will realise that the customs’ duty is a barrier but how many African countries will be willing to part with the duties ?”, he asked.
He said Nigeria, which has one of the largest economies on the continent, generates about N400 billion from customs’ duties and other taxes, making it the second largest earner after petroleum.
via Craigeisele
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