The Nigeria Customs Service (NCS) has announced the 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. The Service said this is sequel to ongoing consultations with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Olawale Edun […]
The Oyo State Government, in partnership with the United Nations Children’s Fund, UNICEF, has launched a four-year Multi-Sectoral Strategic Plan of Action on Food and Nutrition (OYSMPFAN) to tackle malnutrition and hunger among children and women in the state. The Commissioner for Budget and Economic Planning, Prof. Misbaudeen Babatunde launched the project in Ibadan. While […]
The Seme Area Command of the Nigeria Customs Service (NCS) now has a new area controller, Comptroller Benedict Oramalugo PhD, following the retirement of his predecessor, Comptroller Kayode Kolade. Comptroller Oramalugo who was until his recent redeployment was the area controller of Oyo/Osun Customs command officially took over on Tuesday, 11 February 2025, with a […]
Following the controversies that have trailed the planned introduction of the International Cargo Tracking Note, ICTN, the Maritime Association of Nigeria, MARAN has disclosed that it is time to put the controversies to rest once and for all. To this effect, the association, the leading maritime beat association in the industry, is set to organise […]
As part of his continuous effort and renewed drive to carry stakeholders along on some of the emerging policies of the Nigeria Customs Service, the Customs Area Controller, Tin Can Island Port Command, Comptroller Frank Onyeka, has engaged a broad spectrum of stakeholders, including importers, Customs brokers, shipping agents, and other key players in the […]
The Nigeria Customs Service (NCS), on 6 February 2025, hosted a high-level roundtable discussion on operational best practices for government-owned companies at its headquarters in Maitama Abuja. The event brought together key stakeholders from the military, paramilitary, and financial sectors.y The one-day event was attended by the Comptroller-General of Customs (CGC), Adewale Adeniyi, alongside his […]
The Central Bank of Nigeria (CBN) has announced that the 299th meeting of its Monetary Policy Committee (MPC) earlier scheduled for February 17th and 18th 2025, will now hold on Wednesday, February 19th and Thursday, February 20th The announcement puts to rest speculations around the date of the meetings amidst delays by the National Bureau […]
The Oyo/Osun command of Nigeria Customs Service has successfully generated ₦82,193,426,334.10k (Eighty-Two billion, One hundred and ninety-three million, Four hundred and twenty-six thousand, Three hundred Thirty-Four-naira, Ten kobo) in 2024. This amount is 15.3% higher than the amount collected in fiscal year 2023 which was ₦71,292,530,398.17k (Seventy-One billion, Two hundred and ninety-two million, Five hundred […]
The much awaited award dinner being organised by Nigerian Maritime Journalists to honour the excellent and superlative performance of the Comptroller-General of Nigeria Customs Service, Bashir Adewale Adeniyi MFR, comes up next week, Thursday, February 13, 2025. The epoch-making event, which is the first of its kind in the Nigerian maritime industry, will hold at […]
In his concerted efforts to ensure trade facilitation and efficient Customs operations, the Controller of the Tin Can Island Customs Command, Comptroller Frank Onyeka has enjoined stakeholders to always declare their goods accurately through the proper channels of collection. Speaking at a stakeholders’ meeting with the Executive members of the Association of Nigeria Licensed Customs […]
