Nigeria’s N34 Trillion Import Duty Waivers Trigger Calls for Probe as Economists Warn of Revenue Risks

Nigeria’s import duty waiver policy has come under renewed scrutiny after the Nigeria Customs Service (NCS) disclosed that import duty exemption certificates approved by the Federal Government reached an estimated N34 trillion in 2025—a figure that has sparked concerns over fiscal sustainability, transparency, and public accountability. The disclosure has prompted economists and financial experts to […]

All Nigerian Commercial Banks Now Fully Integrated for Form ‘M’ Openings – Customs

Nigeria Enhances Trade Processes with Full Bank Integration for Form ‘M’ Applications In a significant move to boost Nigeria’s trade facilitation, the Comptroller-General of the Nigeria Customs Service (NCS), Mr. Adewale Adeniyi, has announced the complete integration of all commercial banks for seamless Form ‘M’ openings. This advancement aligns with the deployment of the indigenous […]

Nigeria Customs Moves to Decongest Ports with New Clearance Guidelines

The Nigeria Customs Service (NCS) has taken a decisive step to ease congestion at the country’s ports by initiating legal proceedings to condemn 151 overtime containers and vehicles. These consignments, primarily located at Apapa Port and KLT terminals in Lagos, are being processed for clearance and disposal to enhance efficiency in cargo management. Implementation of […]

Nigeria Customs and WJC Seize 2,179kg of Pangolin Scales, Arrest Suspect

In a major crackdown on wildlife trafficking, the Nigeria Customs Service (NCS) Kano/Jigawa Command, in partnership with the Wildlife Justice Commission (WJC), seized 2,179kg of pangolin scales and arrested one suspect in Mubi, Adamawa State. This marks a significant step in their ongoing efforts to combat illegal wildlife trade and protect Nigeria’s biodiversity. The operation, […]