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Customs Clarifies Decision to Suspend 4% FOB Charge

Customs Clarifies Decision to Suspend 4% FOB Charge The Nigeria Customs Service says it suspended the implementation of four per cent Free-on-Board value on imports to review revenue framework and optimise its operations. A statement signed by the Customs National Public Relations Officer, Abdullahi Maiwada, disclosed...

NECA Raises Alarm Over Customs’ FOB Charge, Predicts N2.84trn Burden

NECA Raises Alarm Over Customs' FOB Charge, Predicts N2.84trn Burden   The Nigeria Employers’ Consultative Association (NECA) has warned that the newly introduced four per cent Free On-Board valuation on imports by the Nigeria Customs Service will impose an additional N2.84tn in costs on businesses, worsening...

Customs Revenue Growth Rises 90% to N6.1tn in 2024

Customs Revenue Growth Rises 90% to N6.1tn in 2024 The Nigeria Customs Service has announced that it collected a total sum of N6.105tn as revenue for the year 2024. It said the amount represents an increase of 90.4 per cent from N3.2tn recorded in 2023, highlighting...

Breaking Barriers: CGC Bashir and the Power of Detribalized Leadership By Aliyu Jamil Gumel

Breaking Barriers: CGC Bashir and the Power of Detribalized Leadership By Aliyu Jamil Gumel The Future AI Conference, held on December 27, 2024, in Hadejia, Jigawa State, transcended its primary focus on advancements in artificial intelligence (AI) for Nigeria’s development. Beyond the innovations and discussions that...

PRNigeria FactCheck Debunks Claims of Ethnic Bias in Customs as North Receives 58% of Promoted Officers

PRNigeria FactCheck Debunks Claims of Ethnic Bias in Customs as North Receives 58% of Promoted Officers A skit by popular comedian Bello Galadanci, widely known as Dan Bello, has ignited controversy over alleged ethnic bias within the Nigeria Customs Service (NCS). The satire suggested that...

AfCFTA: MWFAAN Stepping Up for Nigeria’s Economic Future By Abdulhaleem Ishaq Ringim

AfCFTA: MWFAAN Stepping Up for Nigeria's Economic Future By Abdulhaleem Ishaq Ringim It's been an encouraging few weeks for the African Continental Free Trade Agreement (AfCFTA) in Nigeria. The Nigeria Customs Service recently facilitated the country's first shipment under the AfCFTA to Kenya—a milestone that marks...