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Efficient Trade: Customs Sensitizes Stakeholders on B’Odogwu

Efficient Trade: Customs Sensitizes Stakeholders on B'Odogwu The Nigeria Customs Service (NCS) has intensified efforts to modernize trade processes by engaging stakeholders in a sensitization program on the B’Odogwu clearance system. The initiative is a crucial component of the ongoing e-Customs modernization project. Held on Thursday, the...

Lawmakers Pass Bill to Restrict Foreign Vessels in Nigeria’s Coastal Waters

Lawmakers Pass Bill to Restrict Foreign Vessels in Nigeria’s Coastal Waters   The House of Representatives has taken steps to strengthen Nigeria’s shipping sector with a proposed amendment to the Coastal and Inland Shipping (Cabotage) Act, 2003 to restrict operations of foreign vessels in domestic...

FG Meets Foreign Airlines Over Fare Hike 

FG Meets Foreign Airlines Over Fare Hike    The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel while also announcing enhancements in airport safety...

Finance Minister, NNPCL Review Crude Oil Sales Policy

Finance Minister, NNPCL Review Crude Oil Sales Policy The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance Headquarters in Abuja to assess developments and reaffirm commitments to the policy framework, a senior government official said. The source, who spoke on...

Reps Peg VAT at 7.5%, Adopt Tax Reform Bills 

Reps Peg VAT at 7.5%, Adopt Tax Reform Bills  The House of Representatives on Thursday considered and adopted the four tax reform bills. The bills were adopted after a clause-by-clause consideration and approval at the Committee of the Whole, chaired by the Speaker, Abbas Tajudeen. With the...

Customs Launches Scheme to Renovate Schools, Build Clinics, Provide Aid to Nigerians

Customs Launches Scheme to Renovate Schools, Build Clinics, Provide Aid to Nigerians By Tahir Ahmad The Nigeria Customs Service (NCS) has launched a Corporate Social Responsibility (CSR) Unit to spearhead impactful programs under its newly-introduced "Customs-Cares" initiative. This initiative aims to deepen community engagement and national development. The...