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Customs Revenue Increases by 33% in Nine Months

Customs Revenue Increases by 33% in Nine Months The Nigeria Customs Service (NCS) has said it collected N4.28tn as revenue between January and September 2024. The NCS, in a document said the N4.28tn represents a 33 per cent increase compared to the N3.21tn the service collected...

Hitting the Sky to Fight Economic Saboteurs By Abdulsalam Mahmud

Hitting the Sky to Fight Economic Saboteurs By Abdulsalam Mahmud For years now, the combat operations of the Nigerian Air Force (NAF) have assisted the Armed Forces of Nigeria and other security agencies in prosecuting the counter-insurgency and insecurity war from the sky. However, beyond aerial bombardments,...

Unpaid Import Duty: FG Grants Private Jets Owners 30-day Extension

Unpaid Import Duty: FG Grants Private Jets Owners 30-day Extension   The Federal Government has rescinded its decision to ground 60 private jets owned by various individuals in Nigeria over unpaid import duty running into several billions of naira. It was reported on Monday that the government...

$937m Agricultural Exports Processed in Q3 – Customs Official

$937m Agricultural Exports Processed in Q3 – Customs Official The Nigeria Customs Service, Lilypond Export Command, Lagos, has stated that it processed the export of $937m of agricultural produce and manufactured goods in the third quarter of 2024. The command’s Area Controller, Ajibola Odusanya, disclosed this...

Three Major FG Agencies Spend N533bn on Revenue Collection

Three Major FG Agencies Spend N533bn on Revenue Collection   Three major revenue-generating agencies in Nigeria deducted a total of N533.11bn as costs of revenue collection in the first seven months of 2024. The agencies include the Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), and...

NCS Intercepts N519m Worth of Cannabis

NCS Intercepts N519m Worth of Cannabis   The Nigeria Customs Service (NCS) Federal Operations Unit, Zone A, said it intercepted 6,488 kilograms of cannabis sativa worth N519m between April and September. The Customs Area Controller in charge of FOU A, Kola Oladeji, disclosed this on Monday in...