Customs revenue collection hits N5.7trn, exceeds annual target

The Nigeria Customs Service (NCS)has announced that it collected N5.7 trillion in revenue as of Tuesday, November 12, 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the ongoing 2024 Comptroller-General of Customs Conference in Abuja. The conference is themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose.” Adeniyi expressed […]

NCS seizes 125,427 arms in six years – Adeniyi

Joy Agwunobi Adewale Adeniyi, comptroller general of Custom The Nigeria Customs Service says that since 2018 it intercepted 20 significant shipments, comprising 10,498 pieces of various arms and 114,929 pieces of ammunition, with an estimated duty-paid value of N9.58 billion. The service added that 60 percent of the seizures happened in 2023. Adewale Adeniyi, Comptroller […]

NCS warns of N188bn losses over FG’s food import waiver

Business a.m. The Nigeria Customs Service (NCS) has warned that the federal government’s recent directive to suspend the six-month tariff could lead to a revenue loss of N188.37 billion. Adewale Adeniyi, comptroller-general of the Nigeria Customs Service (NCS), disclosed the potential loss of N188.37 billion in customs revenue during a keynote address on “Facilitating food […]

New NIMASA chief pledges to hit the ground running as Buhari names new ED 

Bashir Jamoh, newly appointed director-general, Nigerian Maritime Administration and Safety Agency (NIMASA), on Tuesday assumed office with a pledge to engage more deeply industry stakeholders to come up with policies that would drive the maritime sector forward. Jamoh was former executive director, finance and administration. The new  NIMASA boss, who made the pledge on his assumption of […]

Nigerian custom intercepts N2.55bn worth smuggled agric produce in March

Federal Operations Unit (FOU) Zone ‘A’ of the Nigerian Customs Service (NSC) has revealed that the agency intercepted agricukturak produce worth N2 .55 billion since the beginning of March this year. The unit said commodities including 7,201 bags of foreign parboiled rice, 1,172 cartons of frozen poultry products, 1,352 jerry cans of vegetable oil, 72 […]

Nigeria Seme customs command generates N1.07bn in two months

The Seme Command of the Nigeria Customs Service (NCS) has disclosed that it generated N1.07 billion in the first two months of 2018, N28 million lower than the command’s expected revenue target of N1.35 billion. Taupyen Selchang , command’s spokesman, said this in a statement released on Thursday. It comes as Mohammed Aliyu, the command’s […]

Shipping Companies, terminal operators to face more scrutiny at Nigerian ports

Trade surplus

Shipping companies and terminal operators doing business in Nigeria are to face more scrutiny it has emerged. The increased scrutiny follows three arm seizures within eight months that had been false concealed as others goods imported into the country by individuals and companies. Only on Tuesday, the head of the Nigerian Customs service, Hameed Ali, […]