EXPLAINER: What to Know About Customs' Tax Exemptions on Pharma Materials By Tahir Ahmad The Nigeria Customs Service (NCS) has begun implementing a new policy that exempts critical pharmaceutical raw materials from Value Added Tax (VAT) and import duties for two years. This measure, part of a...

The Nigeria Customs Service (NCS) yesterday seized over $1.1 million and 135,900 Saudi Riyals in undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA), in Kano state.

Customs Seizes 2,433kg Cannabis, 195 Bottles of Codeine on Lagos Waterways The Nigeria Customs Service, Western Marine Command, says it intercepted 2,433 kg of cannabis sativa and 195 bottles of codeine syrups (300 ml each) along the inland waterways in the South Western part of...

Tax Reform Bills will Legislate Customs Service out of Existence - Adeniyi The comptroller general of the Nigeria Customs Service (NCS), Bashir Adeniyi, says the proposed tax reform bills are in jurisdictional conflict with the NCS and will legislate the agency out of existence. Adeniyi raised...

The Nigeria Customs Service (NCS) has said that all import declarations made during the initial implementation period have been cancelled.

Manufacturers, Others Fume Over 4% Levy on Imports The imposition of a four per cent increase in charges on all consignments imported into the country by the Nigeria Customs Service (NCS), last week, drew disapproval from manufacturers, economists and other stakeholders at the weekend. The...