Business
Customs Impounds Army Camouflage Uniforms
The Kirikiri Lighter Terminal Command of the Nigeria Customs Service (NCS) has intercepted a 40ft container of plain Army camouflage uniforms and arrested two suspects.
The Customs Area Controller of the command, Comptroller Lami Wushishi, made this known on Tuesday, in Lagos, while handing over the seizures to Department of State Service (DSS), at the Port Express Terminal.
According to her, in a bid to suppress the smuggling of contraband and prohibited products under any guise, the command detained a 40ft container with No ECMU9239436.
Wushishi said that the container was imported into the country by a company based in Kano, dealing in logistics.
“The consignment which originated from China and arrived Nigeria on July 14, was falsely declared as 200 packages of thread take-up can and 150 packages of polyester materials
“The consignment contained 732 rolls of plain Army uniform, 666 rolls of camouflage, and 129 rolls of polyester material and another five bags of polyester.
“The container was intercepted by vigilant officers during the 100 per cent examination in line with the Vice-President, Prof. Yemi Osinbajo’s directive on Ease of Doing Business,” Wushishi said.
She said that the command also arrested a representative of the importer and an agent as suspect.
Wushishi handed over the container and the two suspects to the appropriate agency for further investigation as enshrined in Customs and Excise Management Act. Cap C 45, LFN 2004, Section 67 (2).
Wushishi assured port users of the command’s continuous effort in ensuring the implementation of Fiscal Policy of the Federal Government and continued collaboration with other sister agencies.
She said that the command had been generating over a billion naira monthly since she assumed duty, adding that the effort had surpassed the revenue target given to the command.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.