Relief for importers as NCS suspends 4% FOB charge
Post AMUGE
February 11, 2025
Onome Amuge The Nigerian Customs Service (NCS) has suspended the application of a controversial provision that imposed a four percent Free-On-Board (FOB) value on all imports, as stipulated in Section 18(1)(a) of the NCS Act 2023. The announcement comes in response to ongoing consultations with Olawale Edun, the minister of finance and other key stakeholders. […]
Customs revenue collection hits N5.7trn, exceeds annual target
Post AMUGENovember 13, 2024
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
Post AMUGEOctober 17, 2024
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
Post AMUGEAugust 14, 2024
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 […]
Nigeria Customs generates N466.1bn revenues in 3 months; seize contrabands of about N2bn
Charles AbuedeApril 20, 2021
Charles Abuede Recent data obtained from Joseph Attah, the Public Relations Officer of the Nigerian Customs Service (NCS) revealed that the agency generated a total of N466.1 billion in revenues during the first quarter of 2021 after it delivered in cold performance in 2020 resulting from the COVID-19 induced stress on the Nigerian […]
New NIMASA chief pledges to hit the ground running as Buhari names new ED
Samson EchenimMarch 10, 2020
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 […]
Customs intercept 6,194 bags of smuggled rice, 340 kegs of petrol, 33 vehicles
Justice OkamgbaSeptember 4, 2018
Ogun State Command of the Nigeria Customs Service (NCS) has intercepted 6,194 smuggled bags of rice, 33 vehicles and other contrabands worth over N382million, according to a statement on Tuesday. The seizures also include 395 kegs of vegetable oil (25 litres each), 340 kegs of petrol, 1,954 pairs of footwear and seven bales of secondhand […]
Nigerian custom intercepts N2.55bn worth smuggled agric produce in March
Temitayo AyetotoMarch 23, 2018
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
Businessam StaffMarch 15, 2018
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
Businessam StaffSeptember 20, 2017
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, […]