Agora Policy, an Abuja-based policy think tank, has called for a comprehensive overhaul of Nigeria’s revenue collection system. In a report it published on Monday, the policy think tank criticised the current cost-of-collection approach, highlighting its inefficiencies and the disproportionate financial benefits enjoyed by some federal agencies. The report shows that three key agencies benefit … Read more
The Nigeria Customs Service (NCS) has announced the suspension of the 25 per cent import duty penalty on improperly imported vehicles. The directive for the suspension came from the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and is said to be part of strategies to help rejuvenate the economy and ensure … Read more
The Nigeria Customs Service (NCS), Ogun Area 1 Command, said it intercepted 940 rounds of ammunition worth N557 million concealed in sacks of garri (cassava flakes) at the Idiroko axis of the state. The Area Controller, Ahmadu Shibu, said thiuas at a media conference on Friday in Idiroko, Ogun. Mr Shuaibu said while carrying out … Read more
The Nigeria Customs Service (NCS) has suspended its food disposal initiative following a stampede that claimed seven lives on 23 February. The unfortunate incident was during the distribution of 25kg bags of rice at its Zonal Headquarters, Yaba, Lagos State. The service announced the suspension in a statement by its National Public Relations Officer, Abdullahi … Read more
