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Body Calls For Review Of Import Waivers

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12 years ago

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The National Association
of Nigerian Traders (NANTS) last Tuesday called for the establishment of an independent body to review all applications for import waivers and concession.
NANTS said that the demand was to ensure transparency and accountability.
The President of the association, Mr Ken Ukaoha made the appeal in a statement made available to our correspondent in Abuja.
It said the public policy could only be measured by its impact in promoting the common good.
“Weak institutions produce dysfunctional policies and dysfunctional policies only breed corruption, waste and retrogression, and this is what we are currently facing with the waivers and concessions,” it said.
NANTS, a trade union, said that the body would be drawn from the private sector, civil society, consumer associations, academia and representatives of relevant government agencies such as the Ministry of Finance, agriculture and Nigeria Investment Promotion Council.
It said that the use of waivers and concessions was one of the legitimate tools available to any government in its pursuit of economic development and poverty eradication.
“Waivers and concession could also be used as an instrument to regulate the economy like tariff. In principle, waivers and concessions themselves are not bad.
“By nature, waivers and concession are prone to abuse and that is why any serious nation ought to pay attention to the manner such instruments are administered.
He stressed the need for adequate and appropriate laws to guide, control and regulate the use of the instruments.
It said that the body would receive and review all applications for waivers, exemptions or other forms of import duty concession and to advise the president on the merit of such applications.
The statement said that any person or sector that seeks to be added on the list must apply to the administrative body which would in turn review such application and only recommend its addition on meeting the criteria.

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Maritime

Customs Kaduna Command Generates ?5b Revenue In Oct

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6 days ago

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November 10, 2025

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The Nigeria Customs Service (NCS), Kaduna Area Command, has achieved a new revenue milestone, generating ?5.16 billion in October 2025
The Area Command said the feat was the highest monthly revenue ever recorded.
The Command’s Public Relations Officer, CSC Ridwan Yusuf, revealed this in a Statement made available to Journalists
The figure, Yusuf said, represent 96 per cent increase above the monthly target and a 196 per cent target performance.
Yusuf said that the command collected ?39.79 billion between January and October 2025, compared with ?24.06 billion generated during the same period in 2024 reflecting a substantial year,on year growth.
the Area Controller, Comptroller Saad Hassan, attributed the record performance to the dedication and professionalism of officers and stakeholders, in line with the modernisation agenda of the Comptroller General of Customs, Bashir Adeniyi.
He identified improved stakeholders’ engagement, digitalisation of excise operations, and enhanced officers’ motivation as key factors driving the Command’s success.
“The Command’s performance demonstrates the effectiveness of our current operational strategies and our unwavering commitment to national economic stability,” Hassan said.
He assured that the command would continue to sustain the momentum by facilitating legitimate trade and improving revenue collection mechanisms.
The Command also reaffirmed its resolve to uphold professionalism and integrity in line with the service’s overall mission of trade facilitation and economic growth.
By; Chinedu Wosu
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Maritime

Shipper’s Council Advocates Sensitization Of Staff On NSITF Scheme 

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6 days ago

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November 10, 2025

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The Nigerian Shippers’ Council (NSC) has called for proper Sensitization of staff on the proposed insurance scheme by the Nigeria Social Insurance Trust Fund (NSITF).
 Executive Secretary and Chief Executive Officer, NSC, Akutah Pius, made the call while playing host to a courtesy visit by NSITF officials to his office, in Lagos.
Represented by Director of Human Resources Management, Alhaji Mustapha Zubairu, Akutah emphasized the Nigeria Shipper’s Council commitment to prioritizing staff insurance and health, citing existing policies with positive impacts on employees’ lives.
He requested NSITF to strengthen its legal framework to enable the NSC to fully benefit from the scheme.
Earlier, the Team Head, NSITF’  Adegbite Oludotun said that the organization provides compensation for insured government employees in case of injury, disability, or death during active service.
While commending the NSC for registering with the scheme, Oludotun assured adequate compensation for employee claims and safety.
By: Chinedu Wosu
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Maritime

Navy Rescues Six Male, Five Female Passengers From Drowning In Rivers 

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6 days ago

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November 10, 2025

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The Nigerian Navy Forward Operating Base (FOB) of Nigerian Navy Service NNS has rescued six male and five female passengers from a sinking speedboat along Bonny waterways in Rivers state
This is contained in a Statement by the Director of Naval Information, Commodore Ayiwuyor Adams-Aliu, and made available to newsmen, in Abuja.
Adams-Aliu said the rescue operation was carried out by personnel of the Nigerian Navy Forward Operating Base (FOB), Bonny, along the Bonny River.
According to the statement, the boat, which departed Nembe Waterside Jetty in Port Harcourt for Coal Beach Jetty in Bonny Island, developed engine failure midstream and began taking in water near the Federal Ocean Terminal, Onne, Rivers State.
He said the swift response of the Naval patrol team under heavy rainfall prevented a major tragedy as all 11 passengers comprising six males and five females, were safely evacuated and taken to the Nigeria Liquefied Natural Gas Jetty for medical checks.
“The rescued victims were later handed over to the Marine Police for onward reunification with their families,”
The Naval spokesman said the Navy, in another Operation last wednesday, intensified crackdown on crude oil theft with the deactivation of multiple illegal refining sites in the Niger Delta.
He said personnel of FOB Escravos dismantled two sites at Obodo Omadino Community in Warri South-West Local Government Area of Delta.
“Similarly, the Nigerian Navy Ship (NNS) PATHFINDER patrol team uncovered and deactivated another site with cooking ovens, reservoirs, sacks, jerrycans, and dugout pits filled with stolen crude and illegally refined Automotive Gas Oil around Bakana and Isaka areas of Rivers.
“Also, personnel of FOB Bonny dismantled a refining site at Eyamba Community in Bonny Local Government Area, while NNS DELTA patrol team deactivated another at Opumani Creek in Warri South Local Government Area of Delta,”
Adams-Aliu said the operations reflect the Navy’s renewed commitment under the Chief of the Naval Staff, Vice Adm. Idi Abbas, to ensure maritime safety, protect national assets, and promote lawful economic activities.
The statement reaffirmed that the Nigerian Navy would sustain the momentum in its fight against crude oil theft and all forms of illegality within the nation’s maritime domain.
By: Chinedu Wosu
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