Customs Uncover $578,000 Hidden Cash, Hand Over Suspect to EFCC   The Nigeria Customs Service, Murtala Muhammed International Airport Command, said it intercepted a total of $578,000 falsely declared by an inbound passenger coming into Nigeria from South Africa. The Customs Area Controller in charge of the...

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...

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 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 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   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...