Maritime
Customs Intercepts Undeclared $1.1m At Kano Airport
The Nigeria Customs Service (NCS) has intercepted a total of $1,154,900 and SR135,900 Saudi Riyals undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA).
Customs spokesman, Abdulahi Maiwada, disclosed this in a statement that the seizure was made recently during a routine baggage check on an inbound passenger, Hauwa Ibrahim Abdullahi, who arrived on Saudi Airline Flight No. SV401 from Saudi Arabia.
He said during the physical examination of the passengers’ luggage conducted by NCS officers, the undeclared currency was discovered concealed within palm-date fruit packs locally referred to as Dabino.
“This interception aligns with the Nigeria Customs Service’s commitment to enforcing financial regulations and preventing illicit financial flows across Nigeria’s borders”, he said.
He said the suspect and the seized foreign currency have been handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation and necessary legal action.
“Subsequently, the court convicted the defendant as charged and ordered the forfeiture of the undeclared money to the Federal Government in line with the provisions of the Money Laundering (Prevention and Prohibition) Act of 2022”, he stated.
The NCS reiterated that all travellers must comply with Nigeria’s financial regulations, particularly the legal requirement to declare any cash or negotiable instruments exceeding the approved threshold when traveling in or out of the country.
The Money Laundering (Prevention and Prohibition) Act of 2022 and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995, provide clear guidelines on currency declaration.
The NCS said non-compliance with these regulations constitutes a violation of Nigerian law and attracts severe penalties.
“Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, the NCS remains resolute in its enforcement efforts to combat smuggling, illicit financial transactions, and other trans-border crimes.
“This latest seizure highlights the Service’s unwavering dedication to protecting the nation’s economic interests and ensuring compliance with financial regulations.
“The NCS will continue to collaborate with relevant government agencies and stakeholders to strengthen border security, enhance compliance with financial laws, and safeguard Nigeria’s economy.
“Travelers and stakeholders in the financial sector are advised to remain vigilant and always adhere to lawful financial”, he concluded.
Maritime
NAGAFF Petitions IGP Over Alleged Maritime Police Harassment
Maritime
Marine Minister Commends President Tinubu On NPERA Bill Assent
Maritime
Apapa Ports Manager Advocates Woman Involvement In MWP Bootcamp
-
News2 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy1 day agoAiyedatiwa Signs New Electricity Bill
-
Maritime1 day agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
Oil & Energy1 day agoNLNG Commissions Research And Innovation Centre In RSU
-
News2 days agoKenPoly Holds Eight Convocations, August 29
-
News2 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News2 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime1 day agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
