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Senate Passes N238.15bn Budget For Customs

Senate Passes N238.15bn Budget For Customs   The Senate, on Tuesday at plenary, passed the Nigerian Customs Service (NCS) 2020 budget of N238.15 billion amid dissenting views by some senators. The passing of the budget followed the presentation of a report on the budget by the Senate...

Customs Confiscates 1,393 Cartons Of Frozen Poultry Products

Customs Confiscates 1,393 Cartons Of Frozen Poultry Products   The Nigerian Customs Service (NCS) has announced that it destroyed imported frozen poultry products seized by the Comptroller General of Customs Strike Force. The Deputy Comptroller, Zone A, Ikeja, Lagos, Yahaya B.U., in a chat with newsmen, stated...

NCS Targets N937.28bn From Import Duty, Others This Year

NCS Targets N937.28bn From Import Duty, Others This Year The Nigeria Customs Service is targeting to generate a total revenue of N937.28bn for the government in the 2019 fiscal period. The figure is contained in the NCS 2019-2021 revenue projections which were submitted to the National...

70% Of Transactions At Ports Not Compliant With Trade Rules – NCS

70% Of Transactions At Ports Not Compliant With Trade Rules - NCS The Customs Area Comptroller of Tin-Can Customs Command, Nigerian Customs Service (NCS), Musa Baba Abdullahi, has disclosed that only 30 per cent of transactions at the ports comply with the requirements for trade. Abdullahi,...

Can The Economic Recovery Plan Succeed?

The Federal Government through the Ministry of Budget and National Planning is currently in the process of developing a National Economic Recovery and Growth Plan (NERGP). The plan targets key economic and social issues for the coming three years.  The plan sets out a...

Revenue Agencies Stink of Corruption – Adeosun

MINISTER of Finance, Mrs Kemi Adeosun, yesterday, told the Senate that the Federal Government would sustain its over N6trillion national budget in the 2017 appropriation bill, expected to be submitted by President Muhammadu Buhari, after the consideration and subsequent approval of the pending 2017—2019...