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Home Business News Politics

Customs Will Generate N10bn Worth Of Duty From Detained Kano Textiles

Editor by Editor
June 30, 2015
in Politics
Customs Will Generate N10bn Worth Of Duty From Detained Kano Textiles
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  • Following the recent fiscal policy review that removes textile from import prohibition list, the Nigeria Customs Service (NCS) says it has perfected plans to allow the importers of the detained textile in Kano to pay duty and take delivery of their consignment.
  • In statement signed by Wale Adeniyi, public relations officer of NCS, a special task force comprising operatives of Customs and the Economic and Financial Crimes Commission (EFCC) set up to handle the detained imports is expected to rake in N10 billion into government coffers from the consignment.
  • The service has commenced assessment of Customs duty and other charges on textile materials, Adeniyi said.
  • The imported items are currently discharged in warehouses sealed by Customs in various areas of Kano metropolis.
  • It would be recalled that the officers of NCS sealed up 75 warehouses of assorted textile materials in Kano last month following months of under- cover operations and activation of local and international intelligence networks.
  • Source: Business Day
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