…Says over 38m litres of petrol leave Nigeria daily The Comptroller-General of Nigerian Customs Service (NCS), Hameed Ali, yesterday faulted the over N6 trillion allegedly being paid as fuel subsidy on Premium Motor Spirit (PMS), otherwise known as petrol, in 2022 fiscal year by the Nigerian National Petroleum Company (NNPC) Limited. The Customs Boss, who disclosed this while defending the NCS presentation on the 2023-2025 Medium-Term Expenditure Framework (MTEF) and Fiscal Policy Paper (FSP), held at the instance of the House Committee on Finance, chaired by Hon. Abiodun James Faleke,…
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Corruption in Customs: ‘Hammed Ali should resign’ – Senator
The Controller-General of the Nigeria Customs Service, Col. Hameed Ali (rtd), has been called upon to tender his resignation to give room for a corrupt-free customs organisation. The vice-chairman, Senate Committee on Customs and Excise, Senator Francis Fadahunsi, made the call while fielding questions from newsmen yesterday. Senator Fadahunsi, a retired Assistant-Controller of Customs, disclosed that corruption has been entrenched in the Nigeria Customs Service under the watch of Hameed Ali, owing to his inexperience in handling customs affairs as an outsider from the military. The lawmaker questioned the legality…
Read More‘Only items imported by President are duty-free’, Customs tells MDAs
The Nigeria Customs Service, (NCS), has stated that only items imported by the president are exempted from duty charges and tax payment. This was contained in an issued statement issued on Friday, by the NCS Deputy National Public Relations Officer, Timi Bomodi. The officer alerted that some ministries, departments and agencies, (MDAs), at different levels of government are evading duties and taxes on imported vehicles and other equipment into the country. “The NCS wishes to state that except where waivers or concessions were sought and granted, all outstanding duties and…
Read MoreImport vehicles’ duties to begin next week – Customs
The Nigeria Customs Service, (NCS) yesterday announced that a slash on imported vehicles duties will begin next week. The Comptroller-General of Customs, Hameed Ali, who told newsmen that they are expecting an official communication from the finance ministry on the matter, added that the vehicle tariff reduction is contained in the 2020 Finance Act and initiated by the NCS to ease the cost of transportation in Nigeria. Hameed said, “We are the proponents of the new tariff. I’ve been torn apart by many people criticising it, saying I used my…
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