Customs To Penalize Erring Banks For Delayed Remittances Of Its Revenue
The Nigeria Customs Service (NCS) has noted instances of delayed remittance of Customs revenue by some Designated Banks following reconciliation of collections processed through the B’odogwu platform. In a press statement sent to PLATFORM REPORTERS on Wednesday, customs said such delays constitute a breach of remittance obligations and negatively impact the efficiency, transparency, and integrity…
