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FG to Spend N1.55bn on Customs Operational Vehicles

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FG to Spend N1.55bn on Customs Operational Vehicles

The Federal Executive Council has approved the sum of N1.55 billion for the procurement of 46 operational vehicles for the Nigeria Customs Service.

This was disclosed by the Minister of State for Budget and National Planning, Clement Agba.

“Today, the Council approved the procurement of 46 units of vehicles. These are for operational and administrative use by the Nigeria Customs Service. This was awarded to Messrs Elizade Nigeria Limited at a total cost of N1,554,200,000 and this amount is inclusive of 7.5 per cent VAT.

“Recall that the last set of procurement of vehicles that was done for Customs was 2017 and 2020, and in 2020 we did see a whole lot of huge seizures that were made by the Nigerian Customs and also the performance in terms of revenue.

“Even with 2021, up till August, they have overperformed the prorated rate of the target that they were given. So, the Council believes that by the provision of these additional vehicles, it will also help in enhancing, not only their effectiveness but their efficiency and more revenues will be generated,” he said.