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    Your email address will not be published.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

    Nigeria Civil Aviation Authority (NCAA) has dismissed recent claims by Senator Orji Uzor Kalu alleging lapses in pilot preparation, substance abuse among flight crews,...

    News

    Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has called for the regulation of social media in Nigeria, warning that its unrestrained use poses a...

    News

    Nigerian billionaire and Senator, Ned Nwoko, has refuted the recent viral claims of domestic violence made by his wife, actress Regina Daniels. In a...

    Cryptocurrency

    A British court has received access to an additional £67 million in cryptocurrency from Zhimin Qian, also known as Yadi Zhang, the convicted mastermind...