Connect with us

    Hi, what are you looking for?

    Politics

    Reps Order Suspension of Customs Duty Collection by Banks

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

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

    According to him, investigations conducted so far by the committee reveal that five banks collectively owe the service 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.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published.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

    ad

    You May Also Like

    News

    Nigerian singer, songwriter, and producer CKay has officially surpassed one billion streams on Spotify with his breakout hit Love Nwantiti, making him one of...

    News

    The High Court of the Federal Capital Territory sitting in Gwarinpa, Abuja, has ordered that a ₦40 billion defamation suit filed by Tonye Cole...

    Tech

    MoMo Payment Service Bank (MoMo PSB), a fintech subsidiary of MTN Nigeria, has announced a partnership with Ogata Electric Vehicles to provide subsidised bus...

    News

    Mrs. Stella Oduah, former Minister of Aviation, was on Wednesday arraigned before the High Court of the Federal Capital Territory, Abuja, on charges bordering...