#NCS

By Oluwakemi Kindness The Nigeria Customs Service (NCS) on Monday announced the successful commencement of the pilot phase for processing Form M through the B’Odogwu (Unified Customs Management System) in all Commands of the Service. This initiative represents another bold step in the Service’s technology-driven reforms to modernise trade procedures and enhance operational efficiency. The NCS in a statement says following it’s approval to integrate the Form M process into […]

Oluwakemi Kindness The Nigeria Customs Service (NCS) has announced the successful issuance of the first Pre-Arrival Assessment Report (PAAR) under the B’Odogwu (Unified Customs Management System). It marks a significant milestone in the Service’s commitment to technology-driven trade reforms. This achievement follows the recent strategic engagement between the Comptroller-General of Customs, Adewale Adeniyi, and the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, where both institutions reaffirmed their commitment […]

Oluwakemi Kindness The Nigeria Customs Service (NCS) on Wednesday announced the exemption of import duty and Value Added Tax (VAT) from critical raw materials essential for the production of pharmaceutical products for a period of two years. This exemption according to Customs covers Active Pharmaceutical Ingredients (APIs), excipients, and other vital raw materials required for manufacturing essential medicines, Long-Lasting Insecticidal Nets (LLINs), Rapid Diagnostic Kits, reagents, and packaging materials. This […]