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Tag: Customs

Customs seize contraband worth N924m in three months
featured

Customs seize contraband worth N924m in three months

The Nigeria Customs Service, Western Marine Command, reported that from August to October, it seized various illegal items valued at N924 million. According to The Punch, the command’s spokesperson, Mailafiya Magaji, said it was stated that 17 sacks containing 1,199 parcels weighing 663.5 kg of cannabis sativa had also been intercepted in a statement released on Friday. It […]

Kaduna customs hits N16.3bn revenue in 2023
News

Customs service revenue surges 66.5% in four months

The Nigerian Customs Service has said that, in the four months from July to October 2023, revenue collection increased by an amazing 66.5%. The Times reported that the statement was made on Wednesday in Abuja at a national workshop on legislative compliance with the topic “The imperatives of legislative compliance in deepening democracy and good governance,” […]

Why importers abandon cargoes in Nigerian ports
Business

Customs, NPA plan synergy to track export cargoes

Juliet Buna The Nigeria Customs Service has said there is a need to form a joint team with the Nigerian Ports Authority to redefine export activities through the installation of trackers. This was contained in a statement by the acting Comptroller General of Customs, Adewale Adeniyi. He also expressed commitment to enhancing the output of […]

Kaduna customs hits N16.3bn revenue in 2023
News

Agents accuse Customs of breaking law

Licensed customs officers have criticized the Nigeria Customs Service for their alleged failure to properly utilize the 846 platforms for clearing automobiles with non-standard Vehicle Identification Numbers. Remember that the NCS created the 846 platform for clearing autos with non-standard VINs? The platform, which was first used at the service’s Tincan Island Command last year, […]

Kaduna customs hits N16.3bn revenue in 2023
featured

Kaduna customs seize vehicles, illegal goods worth N1m

The Federal Operations Unit of the Nigerian Customs Service in Zone B, Kaduna, has reported that the unit seized vehicles and other illegal goods worth N1 trillion between May and July. The Punch reported that the command’s public relations officer, Isah Sulieman, said in a statement on Friday that during the time period under consideration, the command […]

Ports and Airports

Customs AG CG reiterates commitment to decongest ports

The Acting Comptroller General of Customs, Adewale Adeniyi, has announced that the Nigerian Customs Service is prioritizing the decongestion of ports in order to enhance their efficiency and support export-led economic development. According to Nairametrics, Adeniyi made this known during a meeting at the Presidential Villa on Tuesday where he emphasized the commitment of customs […]

Customs, transport ministry team up to boost trade
Business

Customs, transport ministry team up to boost trade

The Federal Ministry of Transportation and the Nigeria Customs Service claim to be working together to develop and put into effect policies that will improve trade facilitation. This Punch reported that this was stated on Thursday in Abuja when the Assistant Comptroller-General of Customs, Adewale Adeniyi, hosted a delegation from the Federal Ministry of Transport, headed […]

TETFund urges FG to increase education tax
Foods

Why I shut down borders – Buhari

The President, Major General Muhammadu Buhari (retd.), has said he deliberately shut the country’s borders to encourage food production in Nigeria.   Buhari made this known while addressing Nigerians in a public conference in Abuja on Wednesday.   While the move was heavily criticised, Buhari noted that Nigerians later appreciated it.   He said, “I […]

Business featured

Lagos airport customs revenue rises by 25%

Bisola Fatoye The Murtala Mohammed Airport Command of the Nigeria Customs Service generated N69.8 billion in income in 2022 as opposed to N55.67 billion in revenue in 2021. This was disclosed by the Customs Area Controller, Sambo Dangaladima, while outlining the command’s projected earnings for 2022. He said that the area command had never enjoyed […]

New naira'll make ransom payment difficult - CBN
Economy

CBN responsible for export exchange rate – NCS

The Nigeria Customs Service said the Central Bank of Nigeria is responsible for the exchange rate increase on imported goods. According to the Nation, NCS said this in a statement yesterday by it’s Public Relations Officer, Timi Bomodi saying it is only the CBN that has the power to do so. The statement reads, “The […]

Customs, FAAN ranked worst-performing agencies in May 2024
News

How agents forged my signature, cleared vehicles – Customs boss

At least four clearing agents were arrested for forging the signature of the Customs Area Controller in charge of the TinCan Island Command of the Nigeria Customs Service, Comptroller Adekunle Oloyode, to clear imported cars. Oloyode, who said this while briefing journalists on the half-year report of the command, said that the agents wanted to […]

Maritime

Containers clearing cost jumps by 67%, vehicle parts’ prices soar

Freight charges in the nation’s seaports have jumped by 67 per cent, resulting in increases in prices of vehicle spare parts, AM Business has learnt. In separate interviews with our correspondent in Lagos, freight forwarders said they used to pay around N600, 000 to clear a 40-foot container loaded with used vehicles’ spare parts, but […]

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