By Sylvanus OBASI In furtherance of its agenda-setting role and interrogation of key government policies as they affect the maritime industry, Nigeria’s foremost maritime beat association, the Maritime Reporters’ Association of Nigeria (MARAN) is set to beam its searchlight on the Nigeria-China Currency Swap deal. The event themed Navigating the Nigeria-Peoples Republic Of China Currency…
By Sylvanus OBASI The Apapa Port Command of Nigeria Customs Service has achieved a daily revenue collection of ₦18.9bn on Friday, March 14, 2025, which stands out as the highest in history of the command. PLATFORM REPORTERS gathered that the new record breaks the existing highest daily collection of ₦18.2b which was achieved in October…
By Sylvanus OBASI To the dismay of maritime stakeholders and indigenous shipowners, the rhetoric surrounding the actual disbursement of the Cabotage Vessel Financing Fund (CFVV) continues endlessly. This time, it is coming from the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who once again has rhetorically reaffirmed the commitment…
By Sylvanus OBASI The Nigeria Customs Service (NCS) has intercepted a total of $1,154,900 (One Million, One Hundred and Fifty-Four Thousand, Nine Hundred US Dollars) and SR135,900 (One Hundred and Thirty-Five Thousand, Nine Hundred Saudi Riyals) undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA). The seizure was made recently during a routine baggage check…
By Sylvanus OBASI The Comptroller-General of Customs, Adewale Adeniyi, has reaffirmed the Nigeria Customs Service’s (NCS) commitment to enhancing collaboration with the Central Bank of Nigeria (CBN) to facilitate trade and boost revenue generation—a development he said would benefit all Nigerians. Platform Reporters learnt that CGC Adeniyi made this known on Thursday during a courtesy…
By Sylvanus OBASI The Nigeria Customs Service (NCS) has announced temporary suspension of the implementation of 4% Free-on-Board (FOB) value on imports as provided in Section 18(1)(a) of the Nigeria Customs Service (NCSA) 2023. In a press statement made available to Platform Reporters on Tuesday, customs hinted that the temporary suspension is as a result of an…
By Sylvanus OBASI In his continuous effort and renewed drive to bring stakeholders up to speed on some of the emerging policies of the Nigeria Customs Service, the Customs Area Controller Tincan Island Port Command Comptroller Frank Onyeka has successfully engaged a broad spectrum of stakeholders, including importers, Customs brokers, shipping agents, and other key…
The Maritime Reporters Association of Nigeria (MARAN) has applauded the recent appointment and decoration of Comptroller Frank Okechukwu Onyeka as the Acting Customs Area Controller (CAC) of the Tin-can Island Port Customs Command, describing it as a well-deserved recognition of his exceptional career achievements. The CAC was decorated with the rant Comptroller of Customs at…
…. Pledges To Repay CGC’s Trust The Customs Area Controller, (CAC) Tincan Island Port Command of the Nigeria Customs Service, NCS, Comptroller Frank Onyeka has revealed how he plans to meet and surpass the revenue target set for it by the Service. This, he said will be made possible through trade facilitation, noting that the…
By Sylvanus OBASI The Federal Inland Revenue Service (FIRS) has recognized SIFAX Group for its significant contribution to Nigeria’s tax revenue growth and compliance efforts in 2024. During an appreciation visit to SIFAX Group’s headquarters in Lagos, Mr. Kazeem Olanrewaju, Head of the Taxpayers Service Unit at FIRS’ Lagos Mainland West Medium Taxpayers Office, announced…
