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NIGERIA CUSTOMS SERVICE

The Nigeria Customs Service (NCS) has disclosed it is selling seized petrol from smugglers in the Northern parts of the country at a subsidised price.
The Federal government has announced the commencement of zero Value Added Tax (VAT) on pharmaceutical products and medical devices in a bid to reduce drug prices in the country.  
The Apapa Port Command of the Nigeria Customs Service (NCS) reported a revenue collection of N1.61 trillion in the third quarter of 2024 
The Nigeria Customs Service (NCS) has strengthened its air patrol and surveillance capabilities with the acquisition of a Cessna Grand Caravan EX-208B aircraft.  
The Federal High Court in Abuja has struck out a suit challenging the legality of the Nigeria Customs Service's (NCS) concession agreement concerning the $3.2 billion e-customs project. 
The Nigeria Customs Service (NCS) has elevated its ICT unit to a full department, appointing Deputy Comptroller-General (DCG) KI Adeola as the substantive DCG in charge of the newly established ICT-Modernization Department.  
The Nigeria Customs Service (NCS) Federal Operations Unit (FOU) Zone A has intercepted a consignment of smuggled goods valued at N8,098,001,199 in July 2024 resulting in a total of 70 seizures during the month. 
The Nigeria Customs Service (NCS) has seized tramadol and other expired, unregistered pharmaceutical products valued at N1.8 billion at Apapa Port.  
The Nigeria Customs Service has announced the implementation of the duty waiver on essential food imports, effective from July 15, 2024, through December 31, 2024, to make basic food commodities more affordable.  
The Nigeria Customs Service (NCS) in the first half of 2024 generated N2.74 trillion in revenues.
 The Muritala Muhammed Area Command (MMAC) of the Nigeria Customs Service (NCS) generated N80.3 billion in the first half of this year.  
The exchange rate for the Nigeria Customs Service (NCS) duties collection has risen from N1,520/$ to the current figure of N1,558 to the USD.