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...

Reps Increase Customs’ Revenue Target To N1.6trn         The House of Representatives yesterday increased the revenue target of the Nigeria Customs Service (NCS) from N1.4 trillion to N1.6 trillion as expected revenue for the 2021 fiscal year. The House also approved about N257, 183, 671, 694. 71...

NCS Intercepts Foreign Rice Worth N22.5m In Kwara       The Nigeria Customs Service (NCS) Strike Force in charge of Zone “B” that is made up of the North- east, North-west and North-central zones of the country said it intercepted and seized about 513 bags of foreign...

Customs Generate N466.1bn Revenue In Q1,2021       The Nigeria Customs Service (NCS) has generated N466.1 billion revenue in the first quarter (Q1) of 2021. The statistics obtained from the office of the Public Relations Officer of the service, Mr Joseph Attah, yesterday, showed that the revenue was...