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Tag "Nigeria Customs Service (NCS)"

FG moves to implement 5% excise duty on telecom services

    FG moves to implement 5% excise duty on telecom services

The federal government says it will start implementing a five percent inclusive excise duty on telecommunications services in Nigeria. The development is coming months after President Muhammadu Buhari approved excise duty on

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Clearing agents to FG: Increase age limit of imported vehicles to 15 years

    Clearing agents to FG: Increase age limit of imported vehicles to 15 years

Clearing agents have asked the federal government to increase the age limit of vehicles coming into the country to 15 years. Kayode Farinto, acting national president of the Association of

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Customs modernisation project to generate ‘$176bn’, boost trade

    Customs modernisation project to generate ‘$176bn’, boost trade

The Trade Modernisation Project Limited (TMPL) says it is aiming at generating a revenue of $176 billion from the automation of customs services. Saleh Ahmadu, chairman, TMPL, said on Monday

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Customs: We’ll redeploy e-valuation policy on imported vehicles Friday

    Customs: We’ll redeploy e-valuation policy on imported vehicles Friday

The Nigeria Customs Service (NCS) says it will re-introduce the suspended electronic valuation policy on Friday. NCS said this in a letter dated May 17, 2022, and signed by Ajibola

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Senate passes bill seeking to enable electronic payments in customs

  Senate passes bill seeking to enable electronic payments in customs

The senate, on Wednesday, passed a bill to repeal and re-enact the Customs and Excise Management Act (CEMA) 2004. The

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Clearing agents to embark on strike over 15% levy on imported vehicles

  Clearing agents to embark on strike over 15% levy on imported vehicles

Clearing agents under the aegis of the Association of Nigerian Licensed Customs Agents (ANLCA) say they will embark on a

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Customs: TinCan Island port increased revenue by 20% to N135bn in Q1 2022

  Customs: TinCan Island port increased revenue by 20% to N135bn in Q1 2022

Nigeria Customs Service (NCS) says it generated N135.44 billion in the first quarter of 2022 from operations at its TinCan

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Customs suspends e-valuation of imported vehicles for one month

  Customs suspends e-valuation of imported vehicles for one month

The Nigeria Customs Service (NCS) says it has suspended implementation of the vehicle identification number (VIN) valuation policy recently introduced

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FAAN, customs face off over ‘security breach’ at Lagos airport

  FAAN, customs face off over ‘security breach’ at Lagos airport

The Federal Airports Authority of Nigeria (FAAN) says no agency is above standard security procedures at the Murtala Muhammed International

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Customs targets N4.1trn revenue in 2022

  Customs targets N4.1trn revenue in 2022

The Nigeria Customs Service (NCS) says it has a revenue target of N4.1 trillion in 2022. NCS had said it

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