The Nigeria Customs Service (NCS) intercepted raw materials used in the production of improvised explosive devices and other contraband goods at its “Zone C’’ between July 25 and Sept. 23. The zone covers the six states in the South-South geopolitical zone and the five states in the Southeast geopolitical zone. Major explosive device intercepted was “Superpower 90’’, Acting Comptroller of Customs in the Zone, Kayode Kolade, a Deputy Comptroller of Customs, said in Benin on Monday. Superpower 90 is a cap sensitive emulsion explosive having superior rock crushing capability designed…
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Revenue Generation: FG takes over NNPC, Customs, FIRS, NPA, NIMASA, NCC, others
Pressured by dwindling revenues and heavy debt burden, the Federal Government on Tuesday moved to boost its resources by directly taking over control of revenue management of its 10 most lucrative enterprises. The 10 government-owned enterprises (GOE) named in the first phase of the initiative are Nigerian National Petroleum Corporation (NNPC), Nigerian Ports Authority (NPA), Nigeria Maritime Administration and Safety Agency (NIMASA), Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NSS). Others include Corporate Affairs Commission (CAC), Department of Petroleum Resources (DPR), Nigerian Communications Commission (NCC) Federal Airports Authority…
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