By Sylvanus OBASI, Lagos Hungry Nigerian Youths are gearing up to besiege customs formations nation-wide in search of seized food items amidst food scarcity and unprecedented increase of food items in the market. Platform Reporters gathered through social media monitoring that following Tuesday announcement by the Nigeria Customs Service that it plans to dispose bags…
By Sylvanus OBASI, Lagos The Central Bank of Nigeria (CBN) has yet again increased the exchange rate used for calculating Customs duties at the seaports in the country. According to data from the official trade portal of the Nigeria Customs Service, the exchange rate was adjusted upwards on Monday, February 12th, from 1,417.635 Naira per…
… Projects Exceeding Revenue Goals The Comptroller-General of the Customs, CGC Bashir Adewale Adeniyi MFR, presented the Service’s 2024 budget on Monday to the Nigeria Senate Committee on Customs at the National Assembly. The CG, while defending the 2024 budget of 706.43 billion naira, focused attention on consolidating carried-over projects, increasing staff welfare by improving…
SIFAX Group and its aviation partner, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector. SIFAX Group, through one of its subsidiaries, SAHCO Plc, is already a major player in the aviation ground handling space. However, the consortium is…
By Sylvanus OBASI, Lagos. January 26 each year, is known as International Customs Day. This is a day set out by World Customs Organisation to celebrate the roles and contributions of customs to global trade facilitation. In Nigeria, the 2024 World Customs Day was well organised by the Nigeria Customs Service under the current Comptroller-General,…
The Comptroller General of the Nigeria Customs Service, Bashir Adewale Adewale MFR, has further deepened the collaboration between the Nigeria Customs Service and the Nigerian Ports Authority. The CGC visited the MD of NPA, Mohammed Bello-Koko, on Thursday, January 25, 2024, to explore areas of improving port efficiency to facilitate trade. According to the CGC,…
By Sylvanus OBASI, Lagos. The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, OFR, says the Agency is committed to ensuring that the business of the Dangote Ports and refinery are not hindered by the implementation of the regulatory instrument under the provisions of the Cabotage law. Dr. Jamoh, who…
By Sylvanus OBASI, Lagos In pursuit of its commitment to continuous improvement, the Nigeria Customs Service (NCS) has unveiled its revamped e-auction platform on Tuesday, 16 January 2024. This strategic move aligns with the guidelines outlined in the newly enacted Nigeria Customs Service Act, 2023, showcasing the agency’s dedication to efficiency and fairness. Platform Reporters gathered that the…
By Sylvanus OBASI, Lagos. Mr. Pius Ukeyima Akutah (MON), the newly-appointed Executive Secretary/CEO, Nigerian Shippers Council has expressed satisfaction over the impact Ports & Cargo Handling Services Limited, the flagship company and subsidiary of SIFAX Group has had on the nation’s maritime sector. Speaking during his maiden courtesy visit on the management of the terminal,…
By Sylvanus OBASI, Lagos. To create a better conducive housing scheme for Officers and Men of the Nigeria Customs Service, the Comptroller-General of Customs Bashir Adewale Adeniyi MFR says the service is partnering with the Cooperative Mortgage Bank in constructing a total of five thousand and nine housing units nationwide. The CGC revealed this on…
