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    NDPHC commends NPA over intervention in release of abandoned power equipment

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    NDPHC commends NPA over intervention in release of abandoned power equipment

    NDPHC commends NPA over intervention in release of abandoned power equipment

    NNS Beecroft hands over 9 suspected stowaways to Immigration Service, advises against illegal migration

    NNS Beecroft hands over 9 suspected stowaways to Immigration Service, advises against illegal migration

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        NDPHC commends NPA over intervention in release of abandoned power equipment

        NDPHC commends NPA over intervention in release of abandoned power equipment

        NNS Beecroft hands over 9 suspected stowaways to Immigration Service, advises against illegal migration

        NNS Beecroft hands over 9 suspected stowaways to Immigration Service, advises against illegal migration

        Nigerian Navy provides solar-powered water facilities for Surulere communities

        Nigerian Navy provides solar-powered water facilities for Surulere communities

        Shippers’ Council transforms into NPERA, set to drive new era of Port regulation

        Shippers’ Council transforms into NPERA, set to drive new era of Port regulation

        Apapa Customs Command records landmark N28 bn in single-day revenue collection

        Apapa Customs Command records landmark N28 bn in single-day revenue collection

        Retreat: Oyetola charges agency heads on deliverables

        Oyetola announces US lifting of 12-year Condition of Entry on Nigerian vessels

        Trending Tags

        • Trump Inauguration
        • United Stated
        • White House
        • Market Stories
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      • Economy
        NDPHC commends NPA over intervention in release of abandoned power equipment

        NDPHC commends NPA over intervention in release of abandoned power equipment

        NNS Beecroft hands over 9 suspected stowaways to Immigration Service, advises against illegal migration

        NNS Beecroft hands over 9 suspected stowaways to Immigration Service, advises against illegal migration

        Shippers’ Council transforms into NPERA, set to drive new era of Port regulation

        Shippers’ Council transforms into NPERA, set to drive new era of Port regulation

        Apapa Customs Command records landmark N28 bn in single-day revenue collection

        Apapa Customs Command records landmark N28 bn in single-day revenue collection

        Retreat: Oyetola charges agency heads on deliverables

        Oyetola announces US lifting of 12-year Condition of Entry on Nigerian vessels

        NDLEA Edo State Command destroys cannabis farms in Igbanke forests, arrests 10 suspects in raid

        NDLEA Edo State Command destroys cannabis farms in Igbanke forests, arrests 10 suspects in raid

        NPERA Act: Between economic regulation and NPA’s statutory mandate

        NPERA Act: Between economic regulation and NPA’s statutory mandate

        Trade Matters: Apapa Customs Command records historic ₦323 bn revenue in July 2026

        Trade Matters: Apapa Customs Command records historic ₦323 bn revenue in July 2026

        NIMASA, Nigerian Navy renew partnership to strengthen maritime security

        NIMASA, Nigerian Navy renew partnership to strengthen maritime security

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          Nigerian Navy provides solar-powered water facilities for Surulere communities

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          Navy, Customs intercept four boats conveying 518 bags of suspected smuggled rice in Badagry

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          NPA, Western Naval Command partner on boosting port security

          Nigerian Navy commissions potable water project in Niger State community

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          Maritime Safety Standardization: NIMASA launches Seafarers’ Discharge Book Portal

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          Photo News: A celebration gathering for STARZS @40!

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          Customs to generate N10 bn from detained Kano textiles

          onepageafrica by onepageafrica
          June 4, 2020
          in Uncategorized
          0
          Customs to generate N10 bn from detained Kano textiles
          Share this
          The CGC, Dikko Abdullahi
          The
          Nigeria Customs Service (NCS) has commenced assessment of Customs duty and
          other charges on textile materials currently in detention in Kano.

          The NCS is expected to realise the sum of  N10 billion from the goods
          which was jointly carried out by a Special Task Force comprising operatives
          of the Nigeria Customs Service  and the Economic and 
           

          Financial
          Crime Commission(EFCC).
           

          The
          directive to collect duty on the textile products was given by the Comptroller-General
          of Customs, Dikko  Abdullahi, following 
          consultations with the Federal
          Government and importers of the items. 

           
          The
          imported items are currently discharged in warehouses sealed by the
          Nigeria Customs Service in various areas of Kano metropolis.

          According
          to a statement signed by the National Public Relations Officer of the service, Mr
          Wale Adeniyi, the first warehouse opened for the  exercise,  14
          importers turned up for assessment and duty payment for their textile items
          valued at about N1.5billion in the first week .The importers were expected
          to 
           
          pay a
          combined import duty of N373, 307, 242.16.   

                
                               
                   
          The assessment also show that the goods are liable to the following
          additional charges:

          N26,569,253.73
          for 7% surcharge; N14,243,212.64 for 1% CISS levy
          ;N6,767,022.49
          for 0.5% ETLS levy
          ; N59,154,231.65 for Textile levy N95,527,905.15 for
          Value Added Tax.

          Total
          revenue payable on the first set of assessment stands at five hundred and
          seventy-six million, one hundred and sixty -one  thousand, three
          hundred and sixty-nine Naira,  Seventeen kobo only with another set
          of assessment worth over Six hundred million Naira  is pending on the
          outstanding textiles in the same 
           

          warehouse.

          The
          assessed items include 20,878 bales of printed African fabrics, 21,980 bales of
          high grade brocade materials,  6,127 bales of Lace materials , 554
          bales of polyester materials and 30 rolls of curtail 
           
          materials.

          The
          Comptroller-General of Customs’ decision to allow the importers of the
          detained goods pay duty  is based on recent fiscal policy 
          review removing textile fabrics from import prohibition list .

          The move is also expected to shore up Government revenue, which has
          witnessed a downturn in recent times.

          Last
          month, he said 75 warehouses of assorted textile materials were sealed up  
          in Kano by Customs anti-smuggling operatives, following months of undercover
          operations and activation of local and international intelligence
          networks.  The warehouses were operated
          by foreign nationals using a handful of Nigerians as their guarantors.

          In view
          of the organised nature of the smuggling syndicate,  Abdullahi has called for closer inter
          Agency collaboration to curb the excesses of foreign economic saboteurs
          who break Nigeria’s laws with impunity.

          Tags: anti-smugglingmaritimeNewsNigeria Customs Servicerevenue
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