Tuesday, October 16, 2018

Tag "Nigeria Customs Service"

    EFCC asks customs to place Fayose on watch list, prevent him from leaving Nigeria

EFCC asks customs to place Fayose on watch list, prevent him from leaving Nigeria

The Economic and Financial Crimes Commission (EFCC) has asked the Nigeria customs service to place Ayodele Fayose, outgoing governor of Ekiti, on its watch list.Fayose, whose tenure ends on October 16, is being investigated by the EFCC for alleged abuse of office, money laundering, among others.In a letter dated September 12, and addressed to the comptroller-general of customs, the EFCC [...]

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    FG orders tighter security on local flights over ISIS threat

FG orders tighter security on local flights over ISIS threat

The federal government has ordered an intensified screening of passengers and luggage on news that the Islamic State of Iraq and Syria is planning to attack commercial flights.This was made known in a letter sent from the office of the secretary-general of the federation to the director-general of the Nigerian Civil Aviation Authority, the managing director of the Federal Airports [...]

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    Customs: Verify documents of imported vehicles before purchase

Customs: Verify documents of imported vehicles before purchase

The Nigeria Customs Service (NCS) has advised people to verify documents of imported vehicles before purchase.Bukar Amajam, area controller, federal operation unit, in Owerri, gave the advice in an interview with NAN on Monday.Amajam said Customs would confiscate goods or vehicles without genuine papers.He said due to the actions of "unscrupulous agents", unsuspecting buyers were usually served fake documents, thereby [...]

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    FG: Kanu behind importation of 2,671 intercepted rifles

FG: Kanu behind importation of 2,671 intercepted rifles

The federal government says the 2,671 seized pump action rifles illegally imported into the country from Turkey could be traced to Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB).The government said this on Tuesday as part of its submissions before the federal high court in Abuja while opposing IPOB’s motion challenging its proscription and declaration as a terrorist [...]

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    MATTERS ARISING: What happened to previous illegal arms seized by customs?

MATTERS ARISING: What happened to previous illegal arms seized by customs?

On Monday, the Nigeria Customs Service (NCS) announced that it had seized a large cache of arms, in an ebullient bust.It sounds familiar, doesn't it?Joseph Attah, spokesman of the NCS, told TheCable that the service discovered 1,100 pump-action rifles in a container at Tin-Can Island port, Lagos.According to him, the arms were smuggled into the country from Turkey. The seizure [...]

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    N30trn leakage: Senate ‘recovers N120bn’, summons 12 companies

N30trn leakage: Senate ‘recovers N120bn’, summons 12 companies

The senate joint committee on customs, excise and tariff and marine transport says it has recovered N120 billion from companies in its ongoing investigation into revenue leakage.Hope Uzodinma, chairman of the committee, who disclosed this, directed Dana Group and 11 other companies to appear before it on Monday to explain their involvement in N30 trillion revenue "scam".In a statement, Uzodinma [...]

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    BAT denies involvement in N30trn revenue leakage

BAT denies involvement in N30trn revenue leakage

In reaction to the ongoing probe into the alleged involvement in N30 trillion revenue leakage, the British American Tobacco Company says it has never owed a dime in customs duty payments.In a statement signed by Freddy Messanvi, legal and external affairs director, BAT said it got a commendation from the Nigeria Customs Service in 2016 for "its contributions to Nigeria’s [...]

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    Customs set to net its highest revenue ever — records N486.7bn in 6 months

Customs set to net its highest revenue ever — records N486.7bn in 6 months

The Nigeria Customs Service says the revenue recorded from January to June 2017 increased by N101 billion from the revenue generated in the same period in 2016.The agency, which recorded N898 billion in revenues for 2016, lowered its target to N772 billion for 2017, but its current momentum shows it may record the highest revenue in its history by the [...]

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    43 ‘buy’ seized cars from Customs by e-auction — even though website not working

43 ‘buy’ seized cars from Customs by e-auction — even though website not working

Joseph Attah, public relations officer of the Nigeria Customs Service, says that 43 people have won the bidding of vehicles in the first 48 hours of the newly launched e-auction platform.Attah told NAN that the platform, which was launched on Monday by Hameed Ali, Customs comptroller-general, is active and working despite claims from interested bidders that they could not access [...]

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    HURRAY! Customs launches e-auction platform to sell seized goods

HURRAY! Customs launches e-auction platform to sell seized goods

The Nigerian customs has unveiled an electronic auction platform for the transparent sale of cargoes forfeited to the federal government.The unveiling of the e-auction platform, which was held on Monday at the NCS headquarters, was performed by Hameed Ali, customs comptroller-general.Representatives of the Central Bank of Nigeria (CBN), Standard Organisation of Nigeria (SON) and National Agency for Food and Drug Administration [...]

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    Customs generates N239bn in Q1 — ‘exceeding target’

Customs generates N239bn in Q1 — ‘exceeding target’

The Nigerian Customs Service (NCS) generated N239.4 billion in the first three months of this year, according to the federal ministry of finance.The revenue performance for the first quarter exceeded the target of N193.2b set by the NCS.The breakdown is contained in a document obtained by NAN, which shows the activities of the ministry of finance in the last two years.According [...]

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    Customs: Seized cargo contained 440 rifles imported from Turkey

Customs: Seized cargo contained 440 rifles imported from Turkey

The Nigeria Customs Service (NCS) says the container-load of arms it seized at Tin Can port, Lagos, on Tuesday, was imported from Turkey.Monday Abue, head of Tin Can Island command, who disclosed this to journalists, said the consignment was falsely declared as plaster of Paris (POP).He said the cargo contained 440 arms and ammunition, and that investigation was in progress [...]

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    Car dealer claims Saraki not involved in seized SUV deal

Car dealer claims Saraki not involved in seized SUV deal

Tokunboh Akindele, a car dealer whom the senate contracted to supply the seized Range Rover sport utility vehicle (SUV) , claims Senate President Bukola Saraki was not involved in the transaction.He also said he did not know the customs documents issued to him were forged.Akindele said this in an affidavit he swore to at the Lagos high court registry on [...]

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    Saraki: I have nothing to do with the importation of the vehicle seized by customs

Saraki: I have nothing to do with the importation of the vehicle seized by customs

Senate President Bukola Saraki says he has no hand in the importation of a vehicle seized by the Nigeria Customs Service (NCS).On Tuesday, Ali Ndume, a senator from Borno state, raised a point of order asking the senate to investigate an allegation that the upper legislative chamber was exacting vengeance on Hameed Ali, comptroller-general of the customs, because the agency [...]

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    Senate investigates alleged customs’ seizure of ‘Saraki’s car’

Senate investigates alleged customs’ seizure of ‘Saraki’s car’

The senate has directed its committee on ethics and privileges to investigate the alleged seizure of a bulletproof car purportedly owned by Bukola Saraki.The car was reportedly seized by the Nigeria Customs Service (NCS) of which comptroller-general, Hameed Ali, had been locked in a face-off with the senate.The upper legislative chamber had summoned Ali to appear before it in uniform [...]

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    ERA/FoEN files legal action against customs over tax incentives given to tobacco companies

ERA/FoEN files legal action against customs over tax incentives given to tobacco companies

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has filed a suit against Nigeria Customs Service (NCS) over the agency's refusal to honour its request to provide information on tax benefits granted to tobacco companies.ERA/FoEN made its request to customs in a letter addressed to the Hameed Ali, NCS' comptroller-general, and Kemi Adeosun, minister of finance.The letter, which was [...]

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Exchange Rates

October 15, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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