The Nigerian Customs Service (NCS) is on track to surpass its 2024 revenue target, having collected over ₦4.07 trillion by the end of the third quarter (Q3’24), according to data. This represents a 7.6% increase above the prorated target of ₦3.81 trillion set by the Federal Government for the period. Customs officials suggest that the […]
Tag: Custom
BREAKING: Customs Seize Arms, Ammunition Worth ₦2b from Turkey
The Nigerian Customs Service has intercepted a large cache of arms and ammunition imported from Turkey. The announcement was made by the Comptroller General of Customs, Bashir Adeniyi, during a press conference held at the Nigerian Customs Service, Area 2 Command in Onne, Rivers State on Monday. Adeniyi revealed that the weapons were discovered in […]
BREAKING: Customs Officer Dies at House of Reps Investigative Hearing
Essien Etop Andrew, the Deputy Comptroller of Finance Administration and Technical Service of the Nigerian Customs Service, passed away on Tuesday at the National Assembly Clinic in Abuja. Andrew was attending a session with the Public Accounts Committee of the House of Representatives as part of an ongoing investigation into revenue-generating agencies and government parastatals. […]
JUST IN: Fed Govt Suspends Penalties for Vehicles Imported Improperly
The Minister of Economy and Coordinating Minister of Finance, Mr. Wale Edun, has directed the Nigeria Customs Service to suspend the 25 per cent penalty on improperly imported vehicles. Abdullahi Maiwada, the National Public Relations Officer of the Nigeria Customs Service, announced this suspension in a statement on Friday. The Federal Government recently announced a […]
Ammunition Worth ₦557m Seized By Customs in Garri Sacks
The Nigeria Customs Service, Ogun Area 1 Command announced the interception of 940 rounds of ammunition valued at ₦557,120,828.00 hidden within sacks of garri (cassava flakes) at Idiroko in Ogun State. During a recent press briefing, Ahmadu Shuaibu, the Area Controller, disclosed that the ammunition was discovered during an anti-smuggling operation on March 14 along […]
Tinubu Orders Customs to Give Back Confiscated Food Items to Owners
President Bola Tinubu has instructed the Nigerian Customs Service to return all seized grains to their rightful owners for resale in Nigerian markets, according to the Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi. Speaking during a stakeholder meeting in Kwangwalam, a border town in Katsina State, the CGC stated that this directive aims to ensure […]
Rice Still A Restricted Commodity Despite Forex Ban Lift – Customs
Despite the recent removal of the ban on foreign exchange for rice imports, the Nigeria Customs Service (NCS) has asserted that rice remains a restricted commodity. The rising cost of rice, currently selling for between N55,000 and N60,000 for a 50kg bag, has sparked concerns despite local production efforts. The Central Bank of Nigeria lifted […]
Customs Outlines Criteria For Reopening Land Borders To Rice, Vehicles
The acting Comptroller General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has detailed the conditions necessary for the reopening of land borders across the country. During his visit to the Ogun 1 command of the Nigeria Customs Service (NCS) in Idiroko, Ogun State, the acting CGC emphasized that the service would consider revising […]
JUST IN: Tinubu Makes Fresh Appointments Into Nigeria Customs [Full List]
President Bola Ahmed Tinubu has approved the appointment of three Deputy Comptrollers General (DCGs) and three Assistant Comptrollers General (ACGs) of the Nigeria Customs Service (NCS). According to the reports, the new DCGs are FO Okun, MBA Musa, and A Hamisu. The new ACGs are K Olumoh, AB Mohammed, and A Alajogun. The appointments were […]
FG To Harmonise FIRS, Customs, Other Revenue-Collecting Agencies
The Federal Government is set to harmonise all revenue-collecting agencies in Nigeria. The Special Adviser to President Bola Tinubu on Revenue, Zach Adedeji made this known on Channels Television’s Politics Today programme on Monday. Adedeji said the government will double the country’s total annual revenue which is currently below N15trn by deepening the nation’s revenue […]