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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...

Tax Reform Bills: Customs Duties Not Limited to Revenue Collection – Expert

Tax Reform Bills: Customs Duties Not Limited to Revenue Collection – Expert A customs and tax expert, Mr Okey Ibeke, says the duties of the Nigeria Customs Service (NCS) is not only limited to revenue collection but involves highly technical operations. Ibeke stated this on Thursday...

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...