The State Online

Get update of Geopolitics, US-IRAN War, Mid-East Conflict, 2026 World Cup, World Econonny, State Of The Nation, Insecurity In Nigeria and Global Energy Crisis on www.thestateonlinengr.com

Reps Order Suspension Of Banks’ Collection Of Customs Duty

The House of Representatives Committee on Customs has asked the Nigeria Customs Service, NCS, to suspend banks owing the service from further collecting duties until their debts have been cleared.

Leke Abejide, Chairman of the committee, stated this yesterday at a session between the members of the committee and representatives of the banks collecting duties on behalf of customs.

ad

According to him, investigations conducted so far by the committee reveal that five banks collectively owe NCS about N10 billion.

The debts, the lawmaker stated, were duties collected by the banks and have yet to be remitted to the accounts of customs.

He stressed that an agreement has been reached with the Service to ensure the implementation of the decision of the committee.

Leave a Reply

Your email address will not be published. Required fields are marked *