Politics
Senate Wants Customs To Increase N5tr 2024 Revenue Target
The Senate, Monday, counselled the Nigeria Customs Service (NCS) to find ways of increasing its N5.079 trillion revenue target for 2024.
Chairman, Senate Committee on Customs, Isah Jibrin, gave the advice at a meeting with the agency’s Comptroller General, Adewale Adeniyi, and top management team in Abuja.
He said: “First of all, Nigeria is saddled with a lot of debt obligations and we need to wriggle ourselves out of that trap, and one of the ways to do that is internally generated revenue. Customs is one of the major providers of internally generated revenue, and as it is today, we expect them to play one of the major roles in this drive to reduce our debt burden.
“We need to pay off what we are owing now and minimise additional loans we are going to take. Customs is in a very good position; if they can block all perceived leakages, they should be able to generate a significant amount of income that will enable Nigeria to get out of debts, at least partially.”
On concessions given to some sectors of the economy, the Kogi East representative clarified that the incentives were for those into agriculture, solid minerals and others whose services have direct impact on the economy.
He continued: “If somebody is bringing agricultural equipment into the economy and you try to take something out of that person in a way of import duty, that will discourage the person and that is what we are saying. It is not that anybody took that money or Customs compromised in the course of their services.
“Concessions are in the interest of Nigeria to encourage importers to boost the economy. There is a trade off here between importers and the country, particularly the things you think you are generating.”
On the unemployment rate in Nigeria, which he described as “very high,” Jibrin observed: ”Customs is not the only employer of labour. They can only employ the number they believe they can adequately take care of, and we are putting them under pressure to exceed the 1,600 benchmark.
“We may not get beyond 2000, but for sure, we will get 1,600 and like we all know, there are so many unemployed Nigerians out there. I will always say it is difficult for the NCS to absorb all unemployed Nigerians, but they can only employ those they can.”
The NCS CG said his organisation was seeking approval to give waivers to owners of smuggled cars to allow them regularise their payment of duties.
On the naira exchange rate, Adeniyi said he is equally pained by the volatility in the exchange rate regime.
He observed: “In fact, even if it stays high and people can predict that this is what it will take me to clear, perhaps it is not particularly too bad, but when it is so volatile, today it is X, tomorrow it is X+10, X+20, it does not make for adequate planning and things like that.
“Correctly, it is the mandate of the Central Bank of Nigeria (CBN) to fix the rate, either the one we use during the Medium Term Expenditure Framework (MTEF) or the one we use for importation, or the one used for payment of customs duties. I have been in discussions with my minister. Perhaps, what you are going to advocate is that there would be a meeting point between authorities of government that oversee monetary policy and those in charge of fiscal policies.
“Personally, what I think we can do is to get a spot rate for a period. We can agree that for Year 2024, this will be the spot rate for payment of customs duties. We could say for the first half of the year.”
Meanwhile, the House of Representatives was scheduled to resume sectoral debates on the financial sector, yesterday.
Recall that the Speaker, Tajudeen Abbas, in his welcome address after the Christmas and New Year recess gave insight into the sectoral briefings with various Ministries, Departments and Agencies (MDAs).
He had said: “Honourable colleagues, as noted earlier, the state of the economy is also of grave concern to us, and we must contribute to promoting sustainable economic growth. Our agenda has identified concrete measures for economic restructuring, economic diversification and agricultural development.
“All committees are directed to streamline their activities towards the realisation of our strategic objectives. The Committee on Implementation of Legislative Agenda and the Committee on Monitoring and Evaluation of activities of standing and ad hoc committees should ensure that committees and their outputs are in line with the agenda of the House.
“In this regard, I am pleased to announce that House’s sectoral briefings with MDAs will resume immediately. Accordingly, we shall engage with MDAs and principal actors in the finance sector on Tuesday, February 6, 2024. This engagement will assess the nation’s readiness to mobilise the necessary financial resources for implementing the budget.”
Oyo State Governor, ‘Seyi Makinde, has renamed The Polytechnic, Ibadan as Omololu Olunloyo Polytechnic, Ibadan, in honour of a late former governor of the State, Dr Omololu Olunloyo.
Dr Olunloyo, who died on April 6, 2025, was the pioneer Principal of the Polytechnic, Ibadan, while he also served as Governor of Oyo State between October 1 and December 31, 1983.
Governor Makinde made the announcement at the state interdenominational funeral service held yesterday in honour of the late former governor at the Obafemi Awolowo Stadium, Liberty Road, Ibadan.
Governor Makinde said Dr Olunloyo lived an eventful life, adding that his attainment and personality could not be summarised in one sentence.
“He was not a man we could summarise in one sentence. He was a scholar, a statesman, a technocrat, a lover of culture and, above all, a man of deep conviction.
“While giving the exhortation, I was listening to Baba Archbishop Ayo Ladigbolu and he said in 1983, Baba became Governor of Oyo State. Though his time in office was brief, his election victory over a popular incumbent remains a powerful testament to the trust people gave him.
“I talked about preserving and digitising his library yesterday [Wednesday] as a mark of honour to Baba Olunloyo.
“Today, we will be giving Baba another honour to immortalise him. He was the first Principal of The Polytechnic, Ibadan; that institution will now be named Omololu Olunloyo Polytechnic, Ibadan.”
Earlier in his sermon, a retired Methodist Archbishop of Ilesa and Ibadan, Ayo Ladigbolu, described the late Olunloyo as a role model with intellectual inspiration and unassailable integrity.
The cleric said the deceased also demonstrated leadership in most superior quality during his lifetime.
In attendance were the state Deputy Governor, Chief Abdulraheem Bayo Lawal; wife of a former Military Governor of the old Oyo State, Chief (Mrs) Dupe Jemibewon; wife of a former Governor of Oyo State, Chief (Mrs) Mutiat Ladoja; former Deputy Governor and PDP Deputy National Chairman (South), Ambassador Taofeek Arapaja; and former Deputy Governor, Hazeem Gbolarumi.
Others were the member representing Ibadan North-East/South-East Federal Constituency, Hon Abass Adigun Agboworin; Chief of Staff to the Governor, Otunba Segun Ogunwuyi; Oyo State Exco members; Chairman of Oyo State Elders’ Council, Dr Saka Balogun; Chairman of All Local Government Chairmen in Oyo State, Hon Sikiru Sanda; President-General of the Central Council of Ibadan Indigenes (CCII), Chief Adeniyi Ajewole; religious leaders and family members, among other dignitaries.
Ten members of the Peoples Democratic Party (PDP) National Working Committee (NWC) have countered the Acting National Chairman, Umar Damagum, on the reinstatement of Senator Samuel Anyanwu as National Secretary.
The dissenting members, led by the Deputy National Chairman ( South), Taofeek Arapaja, in a joint statement, said no organ of the opposition party could overturn the decision of the 99th meeting of the National Executive Committee (NEC).
The dissenting NWC members include Arapaja; Setonji Koshoedo, Deputy National Secretary; Okechukwu Obiechina-Daniel, National Auditor; Debo Ologunagba, National Publicity Secretary; Ologunagba; Woyengikuro Daniel, National Financial Secretary and Ahmed Yayari Mohammed, National Treasurer.
Others are Chief Ali Odefa, National Vice Chairman (South East); Emmanuel Ogidi, Caretaker Committee Chairman (South South); Mrs. Amina Darasimi D. Bryhm, National Woman Leader and Ajisafe Kamoru Toyese, National Vice Chairman (South West).
The group also insisted that contrary to the position of the acting National Chairman, the 100th NEC meeting of the party would be held on June 30 as earlier scheduled.
The statement read: “The attention of the National Working Committee (NWC) of the Peoples Democratic Party (PDP) has been drawn to a press briefing by the acting National Chairman, Amb. Umar Damagum, today Wednesday, June 25, wherein he attempted to overturn the resolution of the 99th National Executive Committee (NEC) meeting which scheduled the 100th NEC meeting for Monday, June 30.
“The acting National Chairman in the said press briefing also reportedly announced that Senator Samuel Anyanwu has been asked to resume as National Secretary of the party contrary to the resolution of the 99th NEC meeting, which referred all matters relating to the office of the National Secretary to the 100th NEC meeting.
“The pronouncements by the acting National Chairman have no foundation as no organ of the party (including the NWC), individual or group has the power to cancel, overrule, veto or vary the resolution of the National Executive Committee (NEC) under the Constitution of the PDP (as amended in 2017).
“For the avoidance of doubt, the NEC is the highest decision-making organ of the party, second only to the National Convention. By virtue of Section 31 (3) of the PDP Constitution, the resolution of the NEC to hold its 100th meeting on Monday June 30, is binding on all organs, officers, chapters and members of the party and no organ, group or individual can vary or veto this resolution of NEC.
“Furthermore, the claim by Damagum that Sen Anyanwu has been asked to resume office as the National Secretary of the party is, therefore, misleading being contrary to the resolution of NEC.
“In the light of the foregoing, the 100th NEC meeting as scheduled for Monday, June 30, has not been canceled or postponed.”
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has fired back at former Kaduna State Governor, Nasir El-Rufai, following the latter’s scathing criticism of President Tinubu’s administration and his 2027 re-election prospects.
In an interview on live television, Mallam El-Rufai said it would take a “miracle” for President Tinubu to be re-elected in 2027, citing an internal poll that purportedly shows a 91 percent disapproval rating for the president across key regions in the country, including the South-East and the North. He also claimed that President Tinubu’s disapproval rating in Lagos stood at 78 percent.
Reacting on Wednesday via a post on X (formerly Twitter), Mr Onanuga took a swipe at the ex-governor, quoting a harsh assessment of Mallam El-Rufai’s character from former President Olusegun Obasanjo’s memoir, My Watch.
“Nasir’s penchant for reputation savaging is almost pathological,” Mr Onanuga wrote, citing Chief Obasanjo’s words. “Why does he do it? Very early in my interaction with him, I appreciated his talent. At the same time, I recognised his weaknesses; the worst being his inability to be loyal to anybody or any issue consistently for long, but only to Nasir El-Rufai.”
The presidential adviser emphasised Chief Obasanjo’s remarks that Mallam El-Rufai often tries to elevate himself by diminishing others. “He lied brazenly, which he did to me, against his colleagues and so-called friends,” Mr Onanuga continued, quoting the former President. “I have heard of how he ruthlessly savaged the reputation of his uncle, a man who, in an African setting, was like a foster father to him.”
Chief Obasanjo, who appointed Mallam El-Rufai as the Minister of the Federal Capital Territory between 2003 and 2007, did not mince words in the memoir, describing Mallam El-Rufai as suffering from “small man syndrome.”
Mr Onanuga’s post is seen as a direct rebuttal to Mallam El-Rufai’s recent criticism and growing opposition role. The former governor is reportedly playing a central role in forming a new coalition to challenge President Tinubu in the 2027 general election.
In March 2025, El-Rufai officially dumped the All Progressives Congress (APC) and joined the Social Democratic Party (SDP), intensifying speculations about his 2027 political ambitions.
As the political rift deepens, Mallam El-Rufai remains one of the most vocal critics of the Tinubu administration, while Mr Onanuga and other presidential allies continue to push back against what they describe as “reckless” opposition rhetoric.