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Tag: Nigeria Customs Service

Onne customs reports N643bn revenue for 2024
Maritime

Customs plan 48-hour cargo reduction time

The Nigeria Customs Service has unveiled a One-Stop-Shop initiative aimed at drastically reducing cargo clearance times from an average of 21 days to just 48 hours. The reform was presented by Comptroller-General of Customs Adewale Adeniyi as a “transformative shift” that aligns with global best practice and the Federal Government’s Ease of Doing Business agenda. […]

Onne customs reports N643bn revenue for 2024
News

Customs launch automated system for overtime cargo clearance

The Nigeria Customs Service has deployed an automated system for the clearance of overtime cargoes in a renewed effort to tackle congestion at the nation’s seaports. The initiative is expected to accelerate the evacuation of long-stalled consignments and create more room for fresh imports. Comptroller-General of Customs, Mr. Adewale Adeniyi, explained that the automation would […]

Shipping companies to add surcharges o Europe, American bound containers
featured Maritime

Customs end duties on imports under $300

Nigerian travellers and online shoppers will no longer pay customs duties on goods worth $300 or less, following a new policy approved by the Nigeria Customs Service Board. The “de minimis” threshold, which came into effect on 8th September, means that small imports through express shipments or passenger baggage will be cleared immediately without customs […]

Onne customs reports N643bn revenue for 2024
News

Customs intercept cannabis, other contraband worth over N220m in Kaduna

The Federal Operations Unit Zone ‘B’ of the Nigeria Customs Service, Kaduna, said it intercepted 185 blocks of Cannabis Sativa valued at N48.5 million. This is contained in a statement issued on Thursday in Kaduna by Chief Superintendent of Customs Saidu Nuruddeen, Public Relations Officer of the unit, on behalf of the Comptroller. Nuruddeen said […]

Business

Customs, NACCIMA strengthen ties on trade facilitation, revenue growth

The Nigeria Customs Service has restated its commitment to strengthening collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture to boost trade facilitation, revenue generation, and border security. In a statement on Sunday, Comptroller-General of Customs Adewale Adeniyi gave the assurance while receiving NACCIMA’s newly elected National President, Jani Ibrahim, and […]

News

Customs gives importers two weeks to clear 905 overtime cargoes

The Nigeria Customs Service has given importers and agents a two-week ultimatum to clear 905 overtime cargoes stranded at Lagos ports or risk forfeiting them to the Federal Government. In a notice issued Monday, the NCS said the affected consignments are lying at the Apapa, Tin Can Island, and Ports & Terminal Multipurpose Limited (PTML) […]

Business

Cyberattack disrupts Nigeria Customs ICT, halts cargo clearance nationwide

A cyberattack on the Nigeria Customs Service’s Information and Communication Technology platform has severely disrupted cargo clearance at ports nationwide. Licensed customs agents say they are already incurring heavy demurrage charges on their consignments due to the disruption. Confirming the incident, NCS spokesman and Assistant Comptroller of Customs, Mr. Maiwada Abdullahi, said that the cyberattack […]

Custom to free detained vehicles, amid FX crisis
Maritime

Customs engages stakeholders ahead of AEO migration

The Nigeria Customs Service has called on maritime stakeholders to transition from the Fast Track scheme to the Authorised Economic Operator Programme, ahead of the December 2025 deadline. Speaking during a sensitisation session in Ikeja on Wednesday, Comptroller-General of Customs, Adewale Adeniyi, described the AEO as a major shift in stakeholder engagement and trade facilitation […]

FG considers removal of 7% import surcharge
News

FG considers removal of 7% import surcharge

The Federal Government is considering scrapping the 7 per cent import surcharge, a move aimed at reducing import costs and boosting trade activity across Nigeria. This proposal, currently undergoing legislative review, is expected to ease the financial burden on importers and enhance the competitiveness of Nigerian ports. The development was disclosed at a stakeholder town […]

News

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 […]

News

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 […]

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