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Customs suspends 25% penalty on imported vehicles
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Customs suspends 25% penalty on imported vehicles

The Nigeria Customs Service has announced the suspension of the 25% penalty previously imposed alongside import duty on improperly imported vehicles. This decision, revealed in a statement by Abdullahi Maiwada, the National Public Relations Officer of NCS, on Friday, March 22, 2024, follows a directive from the Minister of Finance and Coordinating Minister of the […]

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

Customs arrests car smuggling group leader

The Nigeria Customs Service has arrested the head of a car smuggling group, Shuaibu Kolo, who was notorious for forging documents issued by Customs to smuggle vehicles from the Benin Republic into Nigeria. The Acting Customs Controller in charge of Federal Operations Unit, Zone A, Hussein Ejibunu, disclosed on Tuesday while addressing journalists in Ikeja, […]

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Clearing agents, terminal operators sabotaging $120m scanners – Customs

  The Nigeria Customs Service has accused terminal operators and clearing brokers of sabotaging the $120 million scanners that were recently deployed. According to The PUNCH, this was disclosed by the Customs Area Controller in charge of TinCan Island Ports, Mr Adekunle Oloyode, while addressing journalists at the command in Lagos. He stated that using […]

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Agents protest as customs hike imported vehicle duty

Following the Nigeria Customs Service’s decision to increase duty on imported automobiles by 10%, freight forwarders have predicted a congestion at the nation’s seaports due to the influx of imported vehicles. According to The PUNCH, the agents accused the service of effecting 10 per cent duty increase but failed to apply the 10 per cent […]

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Port terminal generated N213bn in 11 months – Customs

  The Nigerian Customs Service has revealed that its Port Terminal Multiservices Limited generated the sum of N213bn in the last 11 months. According to Daily Post, this was disclosed by the Customs Area Controller of the PTML Command, Comptroller Suleiman Bomai, on Saturday in Lagos. He stated that a total sum of N213,405,461,873.00 was […]