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Diversification Of Nigerian Economy On Course – FIRS Boss

Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has maintained that the diversification of the Nigerian economy, though a work in progress, is on course. Nami, was quoted in a statement by his SA Media and Communication, Johannes Wojuola, as making this remark while speaking at the ‘Public Presentation and Breakdown of  […]

Budgeting Economy News Extra Latest News Revenue Revenue Agencies

Customs’ Apapa Command Generates N65.4Bn In April

The Area Comptroller of the Apapa Area Command of the Nigeria Customs Service (NCS), Comptroller Ibrahim Yusuf, on Thursday disclosed that the Command generated N65,463,398,355.85 in April, representing 64 percent increase over the N25,585,561,139.92 raked in April 2020. Yusuf, who spoke at a media briefing, said that during the month in review, the Command intercepted […]

Latest News Revenue

Customs Intercepts 5,448 Smuggled Rice In Kogi, Ogun

The Nigeria Customs Service (NCS) Special Strike Force has intercepted 5,448 bags of 50kg imported rice within the last seven days. According to data provided by the Service on the smuggled rice, 4,200 bags were seized in Mopa, Kogi State last Saturday while 1,248 bags were seized within the creeks of Ogun State, last week […]

Banking

Customs Plans Deployment Of Drones To Curb Rice Smuggling

The Nigeria Customs Service (NCS) on Monday unveiled new measures targeted at curbing unbridled smuggling of prohibited foreign products, particularly rice, into the country as part of its sustained efforts to boost revenue and enable local manufacturing and processing companies optimise their operations. The measures include the deployment of drones, through collaboration with the Nigerian […]

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Import Valuation Dispute: LCCI Accuses Customs Of Arbitrariness

The Lagos Chamber of Commerce and Industry (LCCI) has accused the Nigeria Customs Service of imposing arbitrary duties and taxes on their members. The group, therefore, called for an independent arbiter in resolution of disputes arising from classification and valuation of imported goods and duties payable on them. The Director-General of Chamber, Mr Muda Yusuf, […]