Senate To Increase Customs’ Revenue Target

The Senate is considering an upward review of the N5.079 billion revenue target...

The Senate is considering an upward review of the N5.079 billion revenue target of the Nigeria Customs Service (NCS) from the second half of the year to save the country from further borrowings.

The Chairman of the Senate Committee on Customs Isah Jibrin stated this during a meeting with the Comptroller General of the Nigeria Customs Service Adewale Adeniyi and top management of the agency.

Senator Jibrin is emphatic on why revenue-generating agencies must up their game to improve the economy.

On the high unemployment rate, Senator Jibrin states that “Customs is not the only employer of labour. They can only employ the number they believed, they can adequately take care of and we are putting them under pressure to exceed the 1,600 benchmark”.

Responding to questions from the lawmakers, the CG, NCS also disclosed that the service is seeking approval from the government to allow them to give waivers to owners of smuggled cars to allow them regularize payment of their Customs duties.

He disclosed that those in possession of vehicles illegally imported into the country or are to pay duties have a three-month window to go to Customs House for assessment and payment of duties.

This he assures will be done after adequate publicity to ensure that those in such a situation, can get their vehicles regularized through payment of duties.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Senate Defends State Police Bill, Says Reform Driven By National Security Needs

The Senate has defended the passage of the Constitution of the Federal Republic of Nigeria

Natasha Demands Action From Defence Chief Over Plateau Killings

Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has called for decisive action from Nigeria’s military leadership

FG Working With International Community To Tackle Insecurity – Akpabio

The President of the Senate, Godswill Akpabio, has assured Nigerians that addressing insecurity remains one

Reps Urge FG To Rescind Blanket Ban On Degrees From Benin Republic, Togo

The House of Representatives has asked the Federal Government to rescind its blanket invalidation of

Legislature Provides Solutions Beyond Social Media, Akpabio Tells Nigerians

The President of the Senate has asked citizens to channel all concerns through elected representatives,

Tinubu Writes Senate To Confirm Oyedele As Minister, Abe As NUPRC Chairman

President Bola Tinubu on Tuesday asked the Senate to screen and confirm Taiwo Oyedele as

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.