Nigeria In One Minute
Controversy trails Customs N1.1tn collection
Controversy is currently trailing the recent announcement of the collection of about N1.1 trillion by the Nigeria Customs Service, NCS, as operators and stakeholders raise questions on the integrity of the duty collections.
Shipping companies, terminal operators, Customs brokers, truckers and other stakeholders are all complaining about the lull in business and the sharp reduction in both import and export, wondering how the NCS got its huge revenue from.
The amount which was for 11 months in 2018 indicates that NCS has surpassed the full year collection before year end.
Speaking with Vanguard Maritime Report on the issue, immediate past National President of the Association of Nigeria Licensed Customs Agents, ANLCA, Olayiwola Shittu, noted that the annual target is wrong as it has led to officers of the Service to do whatever it takes to collect revenue even at the detriment of the economy.
Vanguard, December 12, 2018
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