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Home Business News

Key highlights of the new Customs Bill passed by the Senate

Chacha Wabara by Chacha Wabara
June 1, 2017
in Business News
These Ideas Are What The Senate Thinks Will Lift Nigeria From Recession
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The Senate yesterday, passed the Repeal and Re-enactment Bill, 2017 of the Nigeria Customs Service Management Act, Daily Post reports. This followed the clause-by-clause consideration and discussion on a report submitted by the Senate Committee on Customs and Excise through its Chairman, Senator Hope Uzodinma.

The bill consolidates into a single reference document, the NCS legal authority, which was scattered in multiple enactments. It also brings the Customs and Excise Management Act (CEMA) 1958, in line with modern day reality and international best practices. It is therefore, not surprising that the Bill has several differences from the status quo. Some of these differences are highlighted below.

  • Unlike what is currently the case, if assented, henceforth only a person who is serving in the Customs service would be qualified to be appointed as the Comptroller-General of the NCS.
  • The appointment of the Comptroller-General, still by the President, is now subject to the confirmation of the Senate.
  • The NCS will now be financed from a seven percent cost of collection of import duty, excise and fees, special levies, revenues derived from assessment and collection of cost based user fees, and from budgetary provisions. This is in a bid to ensure increased revenue generation from the NCS.
  • The use of modern Information Technology (IT) platforms and systems, such as the use of electronic documents, signatures and electronic payment, as well as application of risk management and a host of other IT related issues, are adequately catered for in the bill, thus bringing it up-to-date with current realities.
  • In order to expedite the clearing of goods without sacrificing national security, the bill strengthens the full implementation of pre-shipment laws of the country through the provisions for screening as a prerequisite for clearing goods into the country.

While the majority of the clauses seem to affect the daily administration and business practices of the NCS in a positive manner, many will continue to wonder if the ongoing feud between the current Comptroller-General, Hammed Ibrahim Ali and the Senate played a major role in some of the changes, especially those related to appointment of a new Comptroller-General.

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Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

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