Customs DG Faults N6trn Fuel Subsidy Comptroller General of Nigerian Customs Service (NCS), Hameed Alli, on Thursday faulted the over N6 trillion allegedly being paid as fuel subsidy on Premium Motor Spirit (PMS) in 2022 fiscal year by Nigerian National Petroleum Corporation (NNPC) Limited. The NCS...

In 6 Months, Customs Recovers N3.14bn From Lagos Importers Authority in charge of the Comptroller General of Customs (CGC), Strike Force Team A, yesterday said it recovered over N3.14 billion from dubious importers in Lagos in the last six months. It disclosed that it was able...

Customs, Immigration, 13 Others Fail To Remit N127.1bn – Audit Report   The Office of the Auditor General of the Federation has disclosed that 15 Ministries, Departments, and Agencies failed to remit N127.13bn revenue to the Consolidated Revenue Fund between 2017 and 2019. The OAuGF made this...

Reps Summon Customs, FIRS, Others Over Unremitted Taxes     The House of Representatives Committee on Public Accounts yesterday summoned the Nigeria Customs Service, the Federal Inland Revenue Service, the Ministry of Industry, and the Oil and Gas Free Zone Authority to clarify allegations of non-remittances of...

Osinbajo Says Reducing Customs Procedure Can Lift Nigeria, Others By $250bn       Vice President Yemi Osinbajo has said that despite the monumental challenges posed by climate change, especially energy transition and related issues, the coming decade anchored on the African Continental Free Trade Area offers great...

EFCC Working With Customs To Recover N10.6bn – Reps       The House of Representatives Committee on Customs said on Wednesday that it was working with the Economic and Financial Crimes Commission and others to recover the N10.6bn customs and excise duties collected by five commercial banks. The...