Customs, Finance Ministry Seek Alternatives to suspended 4% FOB charge
The Nigeria Customs Service (NCS) has begun consultations with the Federal Ministry of Finance on alternative funding sources after the government ordered the suspension of the four per cent Free-on-Board (FOB) charge on imports.
The directive,...
Leap in Customs Achievements Under Wale Adeniyi By Abdulwahab Isa
It takes an insider with deeper knowledge of the system to attain such milestones in two years. Only persons who grew through the ranks—from the bottom to the top echelon—could attain such breathtaking achievements recorded...
NAFDAC Receives ₦3.7bn Expired Drugs from Customs
The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, on Tuesday, handed over three trucks of expired pharmaceuticals worth N3.7bn to the National Agency for Food and Drug Administration and Control.
This was contained in a statement by...
Tinubu Directs FIRS, Customs to Review Revenue Deductions
President Bola Tinubu has directed a review of deductions and revenue retention practices by Nigeria’s major revenue-generating agencies, in a bid to boost public savings, improve spending efficiency, and unlock resources for growth.
The agencies include the Federal...
Customs, FIRS Join Forces to Speed Up Single Window Project
The Federal Inland Revenue Service and the Nigeria Customs Service have stepped up collaboration on the National Single Window project, a landmark trade facilitation initiative expected to transform Nigeria’s import and export processes, improve revenue...
Customs Just Wrote Nigeria's Energy Rulebook
By Abdulsalam Mahmud
At a time when the world is searching for balance between development and sustainability, the Nigeria Customs Service (NCS) has taken a quiet but remarkable step. How? It is through the unveiling of a handbook—one that may...
