FG raises wood export charges by 150%
The Federal Government has increased charges on wood export from Nigeria by 150 per cent for indigenous exporters to N250,000 from N100,000 per 20 feet container. Similarly, the charges on wood export by foreigners was increased by 350 per cent, from N150,000 to N500,000 per 20 feet container. Furthermore, the federal government has restricted wood export from the country to …