ADVERTISEMENT
TechEconomy
Monday, May 12, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » NCS To Certify Port Operators, Rakes in 277 Billion

NCS To Certify Port Operators, Rakes in 277 Billion

Adetunji Tobi by Adetunji Tobi
September 6, 2024
in Finance
0
The Nigeria Customs S
Adewale, Adeniyi, the Comptroller-General of Customs

Adewale, Adeniyi, the Comptroller-General of Customs

RelatedPosts

Kenya Lending rates | Kenyan Currency

Five Kenyan Banks Defy CBK Warning, Hike Lending Rates above Benchmark

May 12, 2025

Tackle Unclaimed Dividends, Shareholders Urge SEC

May 12, 2025

Adewale Adeniyi, the Comptroller-General, of Nigeria Customs Service (NCS), Adewale Adeniyi, has initiated the implementation of Authorised Economic Operators (AEO) program benefits for the first set of approved Importers, Exporters, SMEs, Customs Licensed Brokers, and Logistics Operators.

The initiative, which took effect this week, aimed at introducing new standards in line with global best practices, enhancing trade facilitation, ameliorating existing difficulties within the supply chain, and strengthening Nigeria’s position in the global trading community.

Abdullahi Maiwada, the Customs National Public Relations Officer (PRO), made this known in a statement.

Adeniyi emphasized the need for robust support from all stakeholders, including other government agencies (OGAs) and development partners to promote the success of the pilot test. The pilot scheme, Adeniyi said, will be operational across all ports, where valuable insights and learning will be gathered to enhance service delivery.

These benefits, Adeniyi said, will be administered continuously, contingent on the compliance of all selected participants with the program’s provisions. The CGC stated further that the inaugural participants were carefully chosen based on their outstanding compliance within the supply chain, following an exhaustive three-month AEO validation process designed to uphold the highest selection standards.

Additionally, the AEO program is being implemented under the guidance of the World Customs Organisation (WCO), which has played a pivotal role by providing experts for capacity development, training, and supplying essential materials. The CGC said key partners such as the World Bank‘s Accelerating Revenue Mobilization Reforms (ARMOR) and various Customs administrations across the globe with emphasis on His Majesty’s Revenue and Customs (HMRC), South African Revenue Service (SARS), and Uganda Revenue Authority (URA) where benchmarking exercises were conducted, have significantly contributed to the success of this initiative.

“As part of the program, consignments belonging to the selected Authorized Economic Operators will receive preferential treatment, including Automatic PAAR Registration, Direct Green Lane Routing, Dedicated Relationship Manager, and AEO Branding,”

The NCS, the CGC said, remains unwavering in its commitment to promoting transparency, efficiency, and ease of doing business. The Service readily anticipates the full-scale implementation of the AEO program, further solidifying its dedication to fostering a seamless and secure trading environment for all Nigerians. The successful implementation of the pilot scheme, Adeniyi said, represents a key milestone in the Service’s pursuit of aligning with best practices towards efficient service delivery.

In the same vein, Mr. Abdullahi Maiwada, announced on Thursday that the service collected N277.5 billion in import duties for the month of August. Maiwada shared this information during the monthly press conference organized by the Strategic Communication Interagency Policy Committee (SCIPC), which was hosted by the NCS in Abuja.

He further highlighted that the service also collected N15.8 billion in excise duties, reinforcing its commitment to optimizing revenue generation.in addition, Maiwada noted that as part of the NCS’s efforts to curb smuggling, the service recorded 83 seizures across various commands.

United BANK

He said, “The seizure also includes 1,014 parcels of cannabis sativa, 23 vehicles, and other contraband, with a total Duty Paid Value (DPV) of N975,066,791.65.” “The NCS also intensified its “Operation Whirlwind” (OPWW) to combat the smuggling of petroleum products, especially in border states.”

“The operation over the months has led to the interception of seven PMS trucks, the sealing of 12 retail outlets, and the seizure of 466,000 litres of PMS and 23 vehicles,”

He explained that investigations had resulted in the prosecution of seven suspects, while three marketers were fined by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Additionally, sealed filling stations were handed over for further action.

During the briefing, the spokesperson for the Nigeria Police Force, Muyiwa Adejobi, emphasized that backdating firearm licenses to bypass the ban on firearms remains fraudulent.

He warned that individuals should not be deceived by those who backdate firearm licenses, stressing that such actions are illegal and that the licenses issued in this manner are still considered fake. Adejobi urged the public not to be complicit in criminal offenses related to firearms.

The spokesperson stated that the police force will take an aggressive approach in cracking down on the possession of illegal firearms across the country.

He also revealed that the force had arrested 97 members of the proscribed Shiite group after a confrontation with the police, during which two officers lost their lives.

The spokesperson issued a stern warning, stating that any attacks on police officers or other security personnel while they are performing their constitutional duties will not be tolerated.

Loading

United BANK

Author

  • Adetunji Tobi
    Adetunji Tobi

    Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

    View all posts
0Shares

Tags: NCSNPF
Previous Post

Advancing Cross-Border Payments, Remittances Requires Innovation – FintechNGR

Next Post

Telegram CEO Pavel Durov Breaks Silence on Arrest in France

Adetunji Tobi

Adetunji Tobi

Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

Related Posts

Kenya Lending rates | Kenyan Currency
Finance

Five Kenyan Banks Defy CBK Warning, Hike Lending Rates above Benchmark

by Latifat Fashina
May 12, 2025
0

Access Bank Kenya, ABC Bank, DIB Bank, Kingdom Bank, and Guardian Bank have continued to raise their loan rates above...

Read more
Name and Shame Journal - SEC

Tackle Unclaimed Dividends, Shareholders Urge SEC

May 12, 2025
Wale Edun - FG Bond, Single Window | Nigeria’s economy

W’Bank: Nigeria Records Highest Economic Growth in a Decade

May 12, 2025
IMF Loan | President Bola Tinubu

Nigeria Repays $3.4bn IMF COVID-19 Loan

May 9, 2025
Sunil Taldar - Airtel Africa and World Teachers' Day

Airtel Africa Publishes Results for Year Ended 31 March 2025

May 9, 2025
Illicit Funds for Recapitalization | Naira

Naira Continues to Fall in Official Market, Closes at N1,610/$1

May 9, 2025
Next Post
Telegram CEO Pavel Durov Breaks Silence on Arrest in France

Telegram CEO Pavel Durov Breaks Silence on Arrest in France

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.