Customs Archives — Page 6 of 15

March 3, 2024 No Responses

FG Approves 90-Day Window For Payment Of Duty On Improperly Imported Vehicles

To enhance compliance and streamline import processes, the Nigeria Customs Service (NCS), under the directive of the Minister of Finance and Coordinating Minister of the Economy, has announced a 90-day window for regularizing import duties on specific categories of vehicles...

March 1, 2024 No Responses

Owerri Customs Impounds N5.35b Contrabands In 2023

Between January and December, 2023, the Nigerian Customs Service (NCS), Federal Operations Unit (FOU), Zone C, Owerri, recovered N5.5billion from smugglers and fraudulent importers. A statement on Friday explained that the unit intercepted contraband from smug...

February 21, 2024 No Responses

Customs To Distribute Seized Food Items

The Nigeria Customs Service (NCS) is to distribute some seized food items nationwide as the biting food crisis continues in the country. According to the National Public Relations, CSC Abdullahi Maiwada, the food items will be distributed after they...

February 16, 2024 No Responses

Senate Passes N5.079trn 2024 Customs Budget

The Senate on Thursday, February 15, passed the sum of N5.079 trillion as the 2024 budget for the Nigeria Customs Service (NCS). The approval followed the adoption of recommendations of the Senate Committee on Customs, Excise, and Tariffs at plenary....

February 1, 2024 No Responses

Reps Committee Approves N706.67b As NCS 2024 Budget

The House of Representatives Committee on Customs and Excise has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence sess...

January 31, 2024 No Responses

Reps Grills Customs Over Non-Submission Of Three Years Financial Statement

The House of Representatives Public Accounts Committee on Tuesday grilled the officials of the Nigerian Customs Services over the non-submission of audited financial statements for the 2016, 2017, and 2018 financial years to the Auditor General of the Federati...

January 25, 2024 No Responses

Tin Can Island Customs Intercepts Cocaine, Colorado Worth N4.27b

The Nigeria Customs Service, Tin Can Island Command has intercepted four containers laden with illicit drugs, arms and ammunition imported from South Africa and Canada.Comptroller General of the Service, Adewale Adeniyi disclosed this while addressing journali...

January 17, 2024 No Responses

Joint Tax Board Seeks Partnership With Nigeria Customs

As part of measures to enhance effective tax management in Nigeria, Secretary of the Joint Tax Board (JTB), Mr. Olusegun Adesokan, on Tuesday paid a visit to the Comptroller General of Customs, Bashir Adewale Adeniyi. The visit aimed at soliciting...

January 17, 2024 No Responses

Tin Can Customs Targets N1.130Trilion In 2024

For the year 2024 fiscal year, the Tin Can Island Command, Nigeria Customs Service (NCS) has set a revenue target of N1.130tillion. Meanwhile, the Command has announced a revenue generation of N716bn for last year as against 801bn target it...

January 7, 2024 No Responses

Customs Boss Orders Release Of Impounded Access Bank’s Bullion Van

Twenty-one months after, the Comptroller-General of Nigeria Customs Service (NCS), Adewale Adeniyi has ordered the release of an Access Bank bullion van caught in April 2022, loaded with 12 bags of rice. The Ogun Area Command II of Customs Service Area...

January 4, 2024 No Responses

Customs Boss Tasks Personnel On N5.1Trillion Revenue Target For 2024

The Nigeria Customs Service (NCS) cannot afford to disappoint the country in realising its N5 trillion revenue target for 2024. Comptroller General, Adewale Adeniyi, said this shortly after decorating some promoted officers of the service on Thursday, in...

December 12, 2023 No Responses

Nigeria Customs Targets N6tri Revenue In 2024

The Nigeria Customs Service (NCS) has concluded plans to generate N6trillion revenue for the Federal Government in 2024. The NCS Comptroller-General, Mr Adewale Adeniyi, stated this at the 2024 budget defense before the House of Representatives Committee on Ap...

October 4, 2023 No Responses

Customs Partners FRSC On Data Sharing, Vehicle Smuggling

The Nigeria Customs Service (NCS) and the Federal Road Safety Corps (FRSC),on Tuesday signed a Memorandum Of Understanding (MoU) for automated data sharing of vehicle registration. The Ag. Comptroller-General of NCS, Bashir Adewale Adeniyi along with his count...

September 26, 2023 No Responses

Customs Intercepts Hard Drugs, IED Materials, Others Worth N1.6b

The Nigeria Customs Service, Federal Operations Unit, Zone ’C’ has intercepted cannabis sativa, raw materials for production of explosive devices, as well as other contraband with a Duty Paid Value (DPV) N1.6b. The Zone also arrested nine (9) suspects in.....