Tag: Nigeria Customs
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Nigeria Customs suspends implementation of 4% FOB charge
The Nigeria Customs Service (NCS), has suspended implementation of the 4 per cent charge on the Free On-Board (FOB) value of imports. The Spokesman of the service, Abdullahi Maiwada, made this known in a statement on Tuesday in Abuja.
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Nigeria Customs exceeds 2024 revenue target by 20.2%
The Nigeria Customs Service (NCS) says it has exceeded its 2024 revenue target of ₦5.1 trillion by 20.2 per cent. The Comptroller-General (C-G) of NCS, Adewale Adeniyi, disclosed this while briefing newsmen on Tuesday in Abuja.
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BREAKING: Despite hardship, CBN raises Nigeria Customs Duty Exchange Rate to N1658.87/$
Despite the hardship ravaging Nigeria , the Central Bank of Nigeria (CBN) has adjusted the Customs duty exchange rate for clearing goods at the nation’s ports to N1,658.87 per dollar. This change, effective Monday, November 18, reflects a 0.37% increase from the previous week’s rate of N1,652.63 per dollar, impacting importers filing Form M…
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Border reopening to increase vehicle smuggling by 60% – Experts predict
Experts have predicted a 60% rise in vehicle smuggling into the country through Nigeria’s borders few days after the Federal Government announced the reopening of four land borders. Experts in the business, including clearing agents and car dealers made the prediction following last weekend’s approved for the reopening of Idiroko, Jibia, Kamba and Ikom land…
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Customs officer drowns in boat mishap
The Nigerian Customs Service (NCS) Western Marine Command (WMC), on Wednesday said it lost an officer in a boat mishap on Monday. The Public Relations Officer, Idaho Sulaiman, disclosed this in a statement in Lagos. He said that the incident occurred at about 1810hrs, March 22, while operatives of the command, Akere Surveillance/Monitoring team under…
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Tincan Customs generates N179.2bn from Jan. 2 to July 10
The Tincan Island Port Customs Command has generated N179.2billion between Jan. 2 and July 10, 2019, up from N172.5 billion realised in the corresponding period in 2018. The Customs Area Controller (CAC) of the command, Comptroller Mohammed Musa, made the disclosure in a statement on Friday in Lagos. Musa said the above figure represented 52.2…
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Nigeria Customs sets N1.3 trillion 2018 revenue target
The Public Relations Officer of the Nigeria Customs Service, NCS, Joseph Attah, has said the service had set N1.3 trillion revenue target for 2018. Mr. Attah told newsmen on Sunday in Abuja that the Service recorded its highest revenue collection ever of over N1 trillion as against N770 billion targeted in 2017. He said that…
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NCS to host Africa’s DGs of Customs conference
The Public Relations Officer, Nigeria Customs Service, NCS, Mr Joseph Attah has said the NCS will host African Union Directors-General of Customs to enhance robust trade facilitation, security and common African position in global customs community. Attah told newsmen in Abuja on Thursday that hosting the meeting in Nigeria further demonstrated the global community confidence…