The Senate has increased this year’s revenue target of the Nigeria Customs Service (NCS) to N10trillionSenate Committee on Customs with a matching order that the revenue be raised to N10 trillion. NCS got the new target while it was defending its 2025 budget proposal of N6.584 trillion before the Senate Committee on Customs. Chairman of…
The Nigeria Customs Service (NSC), Federal Operation Unit (FOU), Zone ‘A’, Ikeja has swooped down on smugglers, seized bullet proof vests, goods worth over N1.2 billion and arrested seven suspects in connection with the 46 seizures that were made by the officers of the unit in the last two weeks. Addressing reporters in Lagos yesterday,…
The Nigeria Customs Service (NCS) has generated over N347billion revenue from its Tin-Can Island port in Lagos, in the first quarter of this year. This was disclosed in Lagos on Monday, by the Area Comptroller of Frank Onyeka. According to him, “in January the Command generated N116, 412,735,766.23, which represents 24.06 per cent more than…
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to fostering a level playing field and creating an enabling environment to strengthen businesses in the maritime sector. The Director-General of NIMASA, Dr Dayo Mobereola, gave the commitment while receiving the Executive Members of the Nigerian Merchant Navy Officers and Water Transport Senior…
Fresh crisis looms in the nation’s maritime sector as dock workers unions including truck drivers are threatening to shut down the Lagos ports over alleged extortion by the state’s enforcement agencies. But while the unions have issued the warning, another key industry body, Council of Maritime Transport Unions and Associations (COMTUA), has dissociated itself from…
The Nigeria Customs Service (NCS) has canceled the declarations it made during implementation of the four per cent Free on Board (FoB) charges. NCS consequently urged stakeholders to recapture their entries. National Public Relations Officer, Assistant Comptroller -General of Customs, Abdullahi Maiwada disclosed this in a statement. He said: “Sequel to the earlier press release…
A coalition of 69 international nongovernmental organizations, led by Corporate Accountability and Public Participation Africa (CAPPA), has urged the United Nations International Maritime Organization (IMO) to reject biofuels as a Global Fuel Standard (GFS) for international shipping. The IMO’s GFS is a technical measure aimed at reducing greenhouse gas (GHG) emissions from ships, in line…
The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) has petitioned the Federal Government, warning that the International Cargo Tracking Note (ICTN), as proposed by the Nigerian Shippers’ Council (NSC), contradicts trade facilitation principles. They warn it would also lead to increased costs and inefficiencies in cargo clearance. The Council also opposed the…
‘An Assistant Comptroller of the Nigeria Customs Service (NCS), Clement Amaweh, has stressed the importance of promoting Cross Border Trade (CBT) to enhance Nigeria’s economic growth Amaweh, the officer-in-charge of Ohumbe Outstation, Yewa North, made the statement while delivering a lecture during the Festival of Art for Economic Development in Idiroko, Ogun. The programme had:…
