Business
Customs Marine Command Nabs Three Suspects
The Western Marine Command of the Nigeria Customs Service (NCS) has arrested three suspects in connection to over a total of 1,658 loaves of Cannabis Sativa, weighing 788 kilogrammes intercepted by its operatives to the National Drug Law Enforcement Agency (NDLEA).
Speaking at a handing over ceremony and courtesy visit of the new Marine Commander, NDLEA, DNC Emmanuel Morrison, at the commands headquarters, Ibafon, Apapa Lagos, Customs Area Controller, Western Marine Command, Comptroller Kayode Bamisaiye, disclosed that the three suspects will be handed over to NDLEA officials for onward prosecution.
The arrests and seizures, he said, took place at Ijegun Waterside, Bar Beach, and Ekare Beach front in November 2024, adding that the actions were in direct enforcement of Section 233 of the NCS Act 2023.
Bamisaiye noted that “The seized Cannabis Sativa, illicit pharmaceutical products, and arrested suspects will be handed over to the NDLEA and National Agency for Food Drug Administration Control (NAFDAC) for further investigation and prosecution.
The Customs boss reiterated that the total Duty Paid Value (DPV) of all the seized items is ¦ 182,196,000 and total weight of Cannabis Sativa is 788 Kilogrammes.
Bamisaiye noted that Customs and NDLEA have continued to work in synergy for decades, adding that the seized items include cannabis and pharmaceutical products.
On the 21st of November, 2024 , the Customs top brass affirmed that the Command also seized 295 bags of 50kg foreign parboiled rice and some seven bags of 50kg refined granulated foreign sugar at “Point of No Return” in Badagry and Panko Ere waterfronts.
He said, “Again, the Command today will be handing over 386 bottles of 300ml codeine syrup, confiscated along the Yekeme/Joforo waterways, to the National Agency for Food and Drug Administration and Control (NAFDAC) which is in line with the recent understanding reached at the last CGC Conference in Abuja.
“Additionally, the Command intercepted 900 litres of Premium Motor Spirit (PMS) which has been disposed in line with extant laws”.
Bamisaiye warned that the Western Marine Command will not hesitate to take decisive action against any individual or group attempting to undermine the government’s trade restrictions or fiscal policies.
“ The inordinate quest by citizens to get rich by any means fuels the menace of smuggling. Citizens must understand that smuggling is injurious to our economy and smuggling of hard drugs has even more devastating effect on our health and the economy.
“The Command under my watch is poised more than ever to rid our waterways of all acts of smuggling and economic saboteurs for the benefit of the growth of the economy of Nigeria”.
By: Nkpemenyie Mcdominic,Lagos
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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