Duty Remittance: Customs, CBN Meet Erring Banks The Nigerian Customs Service (NCS) on Sunday, said only two banks were deactivated recently by the NCS over their failure to remit duties collected. It also stated that the erring banks had been reported to the stipulated financial authorities,...

Tin-Can Customs Processes N56bn Export Goods In Q1, 2022   The Tin-Can Island Command of the Nigeria Customs Service (NCS) processed export goods with a N56.2 billion Free on Board (FoB) value in the first quarter of 2022. The goods weighed 71 metric tons, an increase of...

Customs: 23 Smugglers Arrested, Rakes in N767m in March The Nigeria Customs Service has intercepted smuggled items worth of N767,633,458.50 in the country. The items were seized by the Federal Operations Unit (FOU) Zone A (Lagos and Ogun states) of the Nigeria Customs Service (NCS) and...

FAAC: FG, States LGCs Share N616.886 bn for April 2021. The Federation Accounts Allocation Committee (FAAC), at its meeting through Virtual Conference shared a total sum of N616.886 billion to the three tiers of government, as federation allocation for the month of April, 2021. From this stated...

Should Senate Tackle Customs for Rice Seizure?, by Zubaida Baba Ibrahim       Despite being Africa’s highest producer of rice, Nigeria spent an average of $4.2bn on its importation. These statistics were the basis on which the ban on rice importation was implemented in 2019. The importation ban...

NCS Dares Senate over Rice Seizure... ...Asks Lawmakers not to usurp court’s powers     THE Nigeria Customs Service (NCS) has told the Senate Committee on Ethics and Privileges to focus on lawmaking and not usurp the powers of other arms of government by interpreting the laws of...