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NCS
The Nigeria Customs Service revealed that the service encountered major challenges with the fluctuations of the CBN exchange rate regime for import duty, which it says has disrupted its activities.
President Bola Tinubu has issued a directive for complete adherence to the Export Prohibition Act regarding food items to curb the smuggling of commodities out of the country.
The Central Bank of Nigeria has asked the Nigerian Customs Service (NCS) and other related agencies to adopt the FX closing rate on the date of form M of importers to be used for clearance of goods and import duty assessment.
The Nigerian Customs Service (NCS) has initiated the distribution of seized food items across the country.
The Nigeria Customs Service (NCS) has commenced a nationwide operation against the unlawful export of crucial food items intended for personal benefits.
The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has expressed confidence that the implementation of the Time Release Study (TRS) would eliminate delays in cargo clearance and enable 24-hour port operations.
The Nigerian Senate has informed the Nigeria Customs Service (NCS) that the agency's 2024 revenue target of N5.079 trillion will be reconsidered upwards in the latter part of the year to prevent additional borrowing for the country.
NCS has shared valuable information on utilizing its recently enhanced e-auction portal.
The Nigeria Customs Service (NCS) has unveiled an upgraded e-auction portal for the transparent disposal of seized and overtime goods.
Bashir Adeniyi has said that the Service does not fix rates for custom payment, and as such the fluctuations in import duty rates over the past few months cannot be attributed to the Service.
Mr Bashir Adeniyi has stated that the service will use the exchange rate on the official CBN window for clearing goods and would not engage in arbitrary increase or decrease in exchange rate.
The Nigeria Customs Service has said that it will prioritize cargo scanning over traditional physical examination methods at the various seaports in the country.