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.

    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    Your email address will not be published.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

    The Enugu State Government has accused Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, of defrauding the state of N5.7 billion paid for the...

    Broadcasting

    Gauteng High Court, Johannesburg, has awarded damages of more than R2.6 million to the girlfriend of a Nigerian citizen who was suffocated to d3ath...

    E-Financial

    The Bank of Ghana (BoG) has announced the suspension of the foreign exchange trading licence of United Bank for Africa (UBA) Ghana, effective September...

    E-Financial

    The Bank of Ghana (BoG) has suspended the remittance partnerships of several fintech companies including Flutterwave, Tap Tap Send, and others for a period...