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Nigeria Customs launches ‘Customs Cares’ initiative to empower youth, deter migration

BY TEMITOPE ADEBAYO The Nigeria Customs Service (NCS) has unveiled the ‘Customs Cares’ initiative, a comprehensive Corporate Social Responsibility (CSR) program aimed at fostering sustainable development across the nation. This initiative underscores the NCS’s commitment to community empowerment through strategic interventions in education, healthcare,
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The 4% Customs administrative charge: A key to Nigeria’s economic resilience and growth

By Abayomi Odunowo The recent implementation of a 4% Customs Administrative Charge on the Free On-Board (FOB) value of imports has sparked significant debate, particularly from figures like former Senate President Bukola Saraki, who raises alarms about possible inflation and the burden this places on consumers and businesses. While initial reactions may portray this policy
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Customs launches Authorised Economic Operators programme to enhance trade efficiency

The Nigeria Customs Service (NCS) has taken a proactive stance by spearheading an Authorised Economic Operators (AEO) programme to enhance the efficiency and predictability of trade facilitation efforts across the nation. The Comptroller-General of Customs, Adewale Adeniyi, emphasised this during a stakeholders’ meeting held in Abuja this week, he noted the pivotal
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Customs intercepts N5.35bn contraband, N152m from importers in Owerri

By Temitope Adebayo The Nigerian Customs Service (NCS), Federal Operations Unit (FOU), Zone C, Owerri, recovered N5.5billion from smugglers and fraudulent importers from January to December 2023. It was gathered that the unit intercepted contraband from smugglers worth over N5.35 billion and N152 million from importers who made under declaration at the Onne seaport in […]