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CBN Forex Policy: Customs Loses N138.9bn in 5 Months

Controller General of the Nigeria Customs Service, Col. Hameed Ali, retd, has said Nigeria lost a total of 138.9 billion, representing 35.5% in income generation expected from the agency between January and May, 2016. The development came as the Senate Committee on Finance directed all...

NCS Re-Imposes Restriction on Rice Importation

Nigeria Customs Service has re-introduced the restriction order on  importation of rice through land borders across the country. 2. Comptroller-General of Customs, Col. Hameed Ali (Rtd) gave the approval for the reversal of an earlier policy in October 2015 which allowed rice imports through the...