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Dealers Blame Customs, Extortion For Rising Cost Of Tokunbo Cars

Dealers Blame Customs, Extortion For Rising Cost Of Tokunbo Cars       Tokunbo car dealers have alleged extortion against customs officials at the ports, blaming this for a spike in the cost of imported cars. The dealers said besides the official duties, Customs officials also charge extra fees...

Reps Summon Ahmed, Budget Office, Customs Over Duty Waivers

Reps Summon Ahmed, Budget Office, Customs Over Duty Waivers         The House of Representatives Committee on Public Accounts has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed; Director-General of the Budget Office of the Federation, Ben Akabueze; and the Nigeria Customs Service over...

NCS Begins 30% Reduction In Vehicle Duty

NCS Begins 30% Reduction In Vehicle Duty       The Nigeria Customs Service (NCS) has begun the implementation of five per cent duty on importation of Fully Built Vehicle (FBV) as approved by the President in the 2020 Finance Act. This is coming despite the recent suit filed...

Customs Seize N788.18m Smuggled PMS, Rice At Seme Border

Customs Seize N788.18m Smuggled PMS, Rice At Seme Border         The Nigeria Customs Service, Seme Command made 1,294 seizures with a duty paid value of N788.19m in the year 2020, the agency said on Monday. According to a statement signed by the spokesman of the command, Hussaini...

Customs Impound Smuggled Goods Worth N40.5m In Duty Paid Value

Customs Impound Smuggled Goods Worth N40.5m In Duty Paid Value       The Federal Operations Unit (Zone B) of Nigeria Customs Service (NCS) ‎has seized smuggled goods worth N40.530 million in Duty Paid Value (DPV). Comptroller Al-Bashir Hamisu disclosed this at the zone’s headquarters along Kaduna-Zaria highway yesterday. He...

Smugglers, Bandits Hindering Revenue Generation – Customs

Smugglers, Bandits Hindering Revenue Generation – Customs         Officials of the Zone B, Nigeria Customs Service (NCS) has said their operations are being hindered by banditry and smuggling in the zone, which has affected the revenue generation. The Acting Zonal Coordinator of Zone B, Aminu Abba disclosed...