Reps Demand Details of ₦34tn Customs Duty Waivers
By Oluwakemi Kindness The House of Representatives has directed the Nigeria Customs Service (NCS) to submit a detailed breakdown of the nearly ₦34 trillion worth of import duty waivers granted in 2025. Lawmakers want Customs to provide the names of beneficiaries, the legal basis for each waiver and the purpose for which the concessions were […]
Nigeria’s Import Duty Waivers Hit N34tn In 2025 – Customs
By Anayo Akwitti Nigeria’s import duty exemptions have climbed to ₦34 trillion in 2025, with the Nigeria Customs Service (NCS) attributing the surge largely to government-backed waivers on military hardware and strategic imports. The Comptroller-General of Customs, Bashir Adeniyi, disclosed this on Monday during an investigative session with the Senate Committee on Finance, explaining that […]
Duty Waivers Cut Customs Revenue in 2025 – CGC
By Oluwakemi Kindness The Nigeria Customs Service (NCS) says import duty waivers, VAT exemptions and other fiscal incentives granted by the Federal Government significantly reduced its revenue collection in 2025, despite the Service exceeding its annual revenue target. Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Monday while defending the Service’s 2026 budget proposal before […]
Customs, Afreximbank Deepen Partnership on African Trade
By Oluwakemi Kindness The Nigeria Customs Service (NCS) and the African Export-Import Bank (Afreximbank) have reaffirmed their commitment to strengthening trade facilitation and accelerating the implementation of the African Continental Free Trade Area (AfCFTA) through deeper institutional collaboration. The renewed commitment was made during a working visit by the President and Chairman of the Board […]
Customs to Implement Green Tax Surcharge July 1
By Oluwakemi Kindness The Nigeria Customs Service (NCS) will begin nationwide implementation of the Green Tax Surcharge on July 1, 2026, as part of efforts to promote environmental sustainability and reform Nigeria’s vehicle import system. The policy is aimed at reducing carbon emissions, encouraging the importation of cleaner vehicles and aligning Nigeria’s environmental practices with […]
Customs Dominate as CGC Volleyball Premier League Ends
By Arinzechi Chukwunonso Nigeria Customs Service (NCS) reinforced their status as the dominant force in Nigerian volleyball after both their men’s and women’s teams finished atop the standings at the end of the first phase of the 2026 Third Comptroller-General of Customs (CGC) Volleyball Premier League in Abuja. The 15-day championship, sponsored by the Comptroller-General […]
Customs Shock Champions as CGC Volleyball League Heats Up
By Arinzechi Chukwunonso The Nigeria Customs Service (NCS) has delivered one of the biggest upsets of the 3rd CGC Volleyball Premier League in Abuja, defeating defending champions CNS Spikers 3-1 to strengthen their title ambitions and reshape the race for top honours. Customs recovered from a first-set defeat to secure a hard-fought victory, winning 21-25, […]
Customs Seizes N273.7m Contraband, Intercepts Vegetable Oil
By Oluwakemi Kindness The Nigeria Customs Service (NCS), has seized prohibited goods with a Duty Paid Value (DPV) of N273.7 million, including 1,996 kegs of smuggled vegetable oil, as it intensified its crackdown on illicit trade. The seizure by the Cross River/Calabar Free Trade Zone/Akwa Ibom Area Command, involves two 20-foot containers loaded with foreign […]
Customs, American Business Council Expand Trade Cooperation
By Oluwakemi Kindness The Nigeria Customs Service (NCS) and the American Business Council (ABC) have reaffirmed their commitment to deepening trade relations and addressing challenges affecting business operations through sustained engagement between the public and private sectors. A statement on Wednesday by Customs spokesperson, Abdulahi Maiwada says the resolution was reached during the quarterly Customs–ABC […]
Customs, NVBF Back Volleyball Growth as Premier League Kicks Off
By Arinzechi Chukwunonso The Nigeria Volleyball Federation (NVBF), in partnership with the Nigeria Customs Service (NCS), has officially flagged off the first phase of the 2026 National Premier Volleyball League in Abuja, unveiling a ₦26 million funding package for participating teams and players while reaffirming its commitment to youth development through sports. The competition, taking […]