Metro & Crime

Customs seizes N1.1bn contraband, generates N118.9bn

Nigeria Customs Service (NCS), Port Harcourt Area ll Command, has arrested two suspected smugglers in connection with contraband valued at N1.1 billion. Its spokesperson, Mrs. Ify Onuigbo, said a total of N118.96 billion revenue was generated for 2020. She said that the amount collected in 2020 was N11.62 billion higher than the N107.33billion collected between […]

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Customs: Apapa Command generates N367.6bn in 9 months

The Nigerian Customs Service (NCS), Apapa Command, said it generated the sum of N367.6 billion between January and September. The Customs Area Controller, Apapa Command, Comptroller Mohammed Abba-Kura, disclosed this at a media conference in Lagos, yesterday. According to him, the N367,682,616,309.23 revenue collected between January and September have been remitted to the federation account. […]

Business

Customs drained by endless transformation

In the last 41 years, the Nigerian Customs Service has not achieved much despite the huge amount of money spent to improve its operations and personnel, BAYO AKOMOLAFE reports Despite the warnings by both the Senate and the House of Representatives committees, who held public hearings to investigate the reliability of Customs mordernistion contract, the […]

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Customs approves firms to import maize

The Nigeria Customs Service (NCS) has granted approval to four firms to import 262,000 tonnes of maize despite the Central Bank of Nigeria (CBN) ban in July this year. The apex bank has asked banks to stop processing documents for maize imports into Nigeria with immediate effect. However, NCS said Crown Flour Mills Limited, Wacot […]

Business

Customs agents kick over product verification

A move by the Central Bank of Nigeria (CBN) to eliminate incidences of over-invoicing, transfer pricing, double handling charges and avoidable costs through third-party arrangements in Form-M has been opposed by customs agents. BAYO AKOMOLAFE reports Plans by the Central Bank of Nigeria (CBN) to introduce product price verification have been described by customs agents […]

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Customs dismisses Asst Comptroller-General, promotes 2,634 officers

The board of Nigeria Customs Service (NCS) chaired by the Minister of Finance, Budget and National Planning, has approved disciplinary action against two senior officers for acts of serious misconduct. While Assistant Comptroller- General (ACG) Aminu Dahiru, was dismissed for acts of serious misconduct, ACG Bashir Abubakar, was compulsorily retired for acts of negligence. The […]

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Apapa customs nets N227.3bn in six months

Despite the ravaging Coronavirus (COVID- 19) pandemic, the Apapa Command of Nigeria Customs Service (NCS) recorded N227.3 billion revenue in the first half of 2020. The figure represents 11 per cent increase from N203.2 billion recorded in the corresponding period in 2019. This came as the Command processed over N52 billion worth of export goods […]

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Customs generates N573bn in 5 months

The Nigerian Customs Service ( NCS), on Thursday said it had generated N573 billion between January and May from total targeted revenue of N957 billion for the 2020 fiscal year. The Comptroller-General of Customs (CG), Col. Hameed Ali, made the disclosure at an interactive session on revenue generation with the Senate Committee on Customs. But […]

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