Rising cost of goods: CPPE asks CBN to peg customs duty at N1000\$1

The Centre for the Promotion of Private Enterprise (CPPE) has advised the Central Bank of Nigeria (CBN) to peg the customs duty exchange rate at N1000\$1 for the rest of the year.

This advice was contained in a statement by its founder, Muda Yusuf, obtained by Ripples Nigeria on Sunday in Lagos.

According to him, the appeal is in line with the federal government’s commitment to ease the current hardships on the citizens and the burden on businesses.