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Nigeria Customs revenue hits N1.3 trillion growth

The Nigeria Customs Service announced that it generated over N1.3 trillion in revenue during the first quarter of 2024 representing an increase of 122.35% compared to the figure for last year. This disclosure was made during a media briefing by the Comptroller General of the NCS, Adewale Adeniyi in Abuja on Wednesday. He stated “The […]

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Customs seizes 533 vehicles, sellers blame high duty

The Nigeria Customs Service seized 533 vehicles worth N2.92 billion in duty-paid value between January and November 2023. Car dealers have blamed this seizure on the high duty rate for clearing imported products, especially vehicles. The PUNCH reported that the dealers stated that the high tariff rate imposed by the Federal Government through the Central Bank […]

Customs, FAAN ranked worst-performing agencies in May 2024
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Nigerians to begin clearing goods from Cotonou ports – Customs

    The acting Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has stated that Nigerian importers would soon have the opportunity to complete the customs clearance process for their goods at the ports located in Cotonou, Benin Republic. The disclosure was made in Abuja after the conclusion of a two-day working visit by the […]

Kaduna customs hits N16.3bn revenue in 2023
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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 […]

How VIN affected vehicle importation - Customs
Business featured

How VIN affected vehicle importation – Customs

The Nigeria Customs Service has said that the implementation of the Vehicles Identification Number for clearing imported vehicles resulted in a 40% decrease in imported vehicles in 2022 through its Ports & Terminal Multipurpose Limited Command. The acting Assistant Comptroller General and the command’s outgoing Controller, Suleiman Bomai, said this while outlining the command’s actions […]

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Customs generates N242bn revenue at Onne Port in 2022

The Nigeria Customs Service has said it generated N242,090,629,309.60k revenue in 2022.The Area Controller Nigeria Customs Service Area ll Command Onne Port, Comptroller Auwal Mohammed made this known, attributing the revenue collection to three key operational indices.Vanguard reported that according to Mohammed, the factors were regular stakeholders engagement, increased compliance level of the port users […]

Auction abandoned containers at seaports, NPA urges Customs
Maritime

Auction abandoned containers at seaports, NPA urges Customs

The Nigerian Port Authority has urged the Nigerian Customs to auction the abandoned overtime containers as they are occupying a chunk of the space meant for imported goods. According to BusinessDay, the containers occupying space at Nigeria’s three major seaports, Apapa, Tin-Can Island, and Onne, have increased to over 6,000. These 6,000 twenty-foot equivalent units […]

Anger as customs sell seized vehicles as scrap
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Anger as customs sell seized vehicles as scrap

Auctioneers have expressed their displeasure over the manner in which the Nigeria Custom Service has allegedly sold about 6,000 impounded vehicles and other items to selected firms and individuals. According to The PUNCH, the auction of the vehicles was marred with various irregularities as it was carried out without open competitive bidding, contrary to the […]

Customs seize 80,000-litre tankers with adulterated diesel
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Customs seize 80,000-litre tankers with adulterated diesel

Officials of the Nigeria Customs Service have seized two tankers filled with adulterated 80,055 litres of Automotive Gas Oil, popularly called diesel, in the Ijebu-Ode area of Ogun State. According to The PUNCH, this was disclosed by the Acting Customs Area Controller in charge of the Federal Operations Unit, Zone A, Hussein Ejibunnu. While handing […]

Economy

Give confiscated foodstuffs to poor Nigerians, experts tell Customs

The Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, has advised the Nigeria Customs Service to see how they could use perishable seized goods for economic interventions. Recently, the acting Customs Area Controller in charge of the Federal Operations Unit, Zone A, NCS, Hussein Ejibunu, while giving the first-year report […]

FG to end fuel subsidy in 2023 - Minister
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Disagreement stalling Customs automation project – Minister

The Federal Government says the $3.1bn contract for the ‘complete’ automation of the Nigerian Customs Service, approved by the Federal Executive Council in 2020, has been upturned. This, it said, was due to disagreements between parties that made up the consortium. It said the disagreements defied the Federal Government intervention—through the office of the Attorney-General […]

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