ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
Home Business

New vehicle tariff takes off next week – Customs CG

•Rakes N9.3bn in 18 months despite COVID-19, #ENDSARS protest

27th January 2021
in Business, Cover, National
0
redeploys
0
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

From Uche Usim, Abuja and Layi Olanrewaju, Ilorin

Comptroller–General, Nigeria Customs Service (NCS), Hameed Ali,  yesterday, said the proposed slash in duties on vehicles and tractors from 35 to 10 per cent may take off next week.

“We are the proponent of the new tariff. I’ve been torn apart by many people criticising it, saying I used my connection to get it done.  But it is in the overall interest of Nigeria. Now, it has become a law. We’re now waiting for the Finance Minister to give us a formal conveyance of that Act. Once we receive it, we commence implementation immediately and inform our commands. We are hoping that latest by next week, it will become operational,” Ali said at the 2021 edition of the International Customs Day celebrations held in Abuja  themed: “Customs Bolstering Recovery, Renewal and Resilience for Sustainable Supply Chain.” 

According to him, the vehicle tariff reduction, contained in the draft 2020 Finance Bill, was initiated by Customs to ease the scathing transportation cost in the country due to high cost of vehicles.

On Customs preparedness for the African Continental Free Trade Agreement (AfCTA), Ali said: “Every aspect that concerns us have been adhered to.

We need certain inputs from AfCTA secretariat, like the aspect of rules of origin. It should not be left to chambers of commerce alone and Customs should be members of the team. But we are ready.”

The Customs boss also described  the N1.5 trillion generated last year as a pleasant surprise, even as he hailed his officers and men for working hard to generate such amount, despite the COVID-19 pandemic.

Meanwhile, Kwara state command of the Nigeria Customs Service has said it generated and remitted a sum of N 9,310,734,065.11 billion in one and half years into the federation account.

Speaking with newsmen in Ilorin, yesterday, the Customs area controller, Hussaini Ahmed, said that the command generated a sum of N6.9 billion between January and December 2020 representing 86 per cent of the year annual target, as against N2.4 billion in 2019.

Ahmed, who said that COVID-19 pandemic that came with the lockdown, EndSARS protests and partial border closure were the reasons for not meeting the stipulated last year budget, and added that placement of temporary embargo on movement of goods and persons through the land borders nationwide was another reason. 

Tags: comptroller-generalhameed alinigeria customs service (ncs)
Rapheal

Rapheal

Related Posts

Policeman left unconscious as convoy escorting Bauchi gov somersaults
National

Policeman left unconscious as convoy escorting Bauchi gov somersaults

2nd March 2021
Herders-Farmers crisis: Gov Mohammed blasts Ortom, accuses him of lack of foresight
National

Gov Mohammed orders re-procurement of materials for 2,500 mass housing contract

2nd March 2021
TCN
National

Nigeria records highest power transmission of 5,615.40MW

2nd March 2021
Next Post
Wike reconciles 2013 Rivers Assembly crisis major actors

Wike’s legacies difficult to surpass - Lawmaker

Emefiele woos investors, says Nigeria ready for business

FG disburses N2tr to mitigate COVID-19 impact

INEC meets tomorrow to decide on card readers, others for Edo, Ondo polls

Electoral Act: INEC chair, senators in final push to amend law

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

NITDA empowers people living with disabilities with ICT training

Buhari expresses joy over release of Zamfara school girls

Hogan Lovells establishes multi-disciplinary Sovereigns Practice

COVID-19: NCDC announces 360 new infections, 8 additional deaths

BREAKING! Abducted Zamfara schoolgirls regain freedom

Ndidi celebrates Ballers Awards win

Trending

Policeman left unconscious as convoy escorting Bauchi gov somersaults
National

Policeman left unconscious as convoy escorting Bauchi gov somersaults

2nd March 2021
0

From Paul Orude, Bauchi No fewer than 10 security personnel attached to the Rapid Response Squad of...

Herders-Farmers crisis: Gov Mohammed blasts Ortom, accuses him of lack of foresight

Gov Mohammed orders re-procurement of materials for 2,500 mass housing contract

2nd March 2021
TCN

Nigeria records highest power transmission of 5,615.40MW

2nd March 2021
NITDA empowers people living with disabilities with ICT training

NITDA empowers people living with disabilities with ICT training

2nd March 2021
Buhari assures Konare of Nigeria’s expected key role in subregion, continent

Buhari expresses joy over release of Zamfara school girls

2nd March 2021

Follow us on social media:

Categories

  • Abuja Metro
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist