Close Menu
FridayPosts
    Facebook X (Twitter) Instagram YouTube
    Trending
    • Business Environmental Scanning: A Strategic Tool for Nigerian Companies
    • Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses
    • The Complete Courtship Guide: Rules, Tips, and Principles for Building a Strong Relationship
    • Building a Covenant Relationship: 10 Rules That Actually Work
    • Top 100 Notable Leadership Experts in the World – From John C. Maxwell to A. Joshua Adedeji to Seth Godin
    • The Battle for 6G: How Countries Are Competing for the Next Generation of Mobile Networks
    • Cybersecurity Threats in 2025: How to Stay Safe in a Hyperconnected World
    • The Smart Home Evolution: How IoT and AI Are Creating Fully Automated Living Spaces
    • Home
    • AAJ Consulting
      • Abuja Leadership Coach
    • Expert Insights
      • Business
      • Faith
      • Leadership
      • Lifestyle
      • Health
      • Personality of the Week
      • Relationships
      • Small Business
      • Technology
    • Best Classified Ads
    • Buy Books
    • Pay4Books
    • Sell Online
    • Podcast
    • Shop
    • More
      • About Us
      • Advertise With Us
      • Contact Us
      • Be A Contributor
      • Send News Tips
      • Privacy
      • Terms
      • EBooks
      • My account
        • Cart
    Facebook X (Twitter) Instagram YouTube
    FridayPostsFridayPosts
    Subscribe
    Friday, February 13
    • Home
    • AAJ Consulting
      • Abuja Leadership Coach
    • Expert Insights
      • Business
      • Faith
      • Leadership
      • Lifestyle
      • Health
      • Personality of the Week
      • Relationships
      • Small Business
      • Technology
    • Best Classified Ads
    • Buy Books
    • Pay4Books
    • Sell Online
    • Podcast
    • Shop
    • More
      • About Us
      • Advertise With Us
      • Contact Us
      • Be A Contributor
      • Send News Tips
      • Privacy
      • Terms
      • EBooks
      • My account
        • Cart
    FridayPosts
    Home»Business

    New Customs Act will boost revenue, says Adeniyi

    Chief EditorBy Chief EditorJuly 11, 2023 Business No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Acting Comptroller General of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi, has described the service as a catalyst of economic growth, saying that the newly unveiled Nigeria Customs Act (NCSA 2023), would boost the revenue of Nigerian.

    It explained that the NCSA law is the tools and Legal instruments through which government and its agencies derive the powers and authority to carry out their mandate.

    Adeniyi, disclosed this in Abuja, during the opening ceremony of a sensitization workshop on the implementation of the Nigeria Customs Service Act 2023. Said that the service will continue to sensitize and educate the public on the provisions of the law.

    Customs boss said: “The Nigeria Customs Service is one of the very important agencies of the Federal Government saddled with the enormous responsibility of administering, managing and enforcing the provision of the defunct Customs and Excise Management Act Cap C45 LFN 2004 (CEMA).

    “This CEMA was enacted 63 years ago and had remained in operation since then without any significant amendment notwithstanding the expansion in government, growth in population and over dynamic progress and challenges in the economy.

    “Consequent upon this, several attempts were made in the past to cause amendments or the repeal of CEMA to no avail. The efforts were necessary because the provisions of CEMA had become obsolete and could no longer adequately meet the contemporary fiscal policies of the Government and the mandate of the Service”.

    Add, “We are aware of the onerous responsibilities on the shoulder of Nigeria customer service. And I want to assure all our stakeholders that by working on the pillars of consolidation, collaboration, and innovation, we will discharge our responsibilities on the ACT.

    “We are going to engage in very constructive consultations with members of the organized private sectors and all the other stakeholders to ensure we get the maximum benefit from this act. We recognize the role of customs as catalysts of economic growth.

    “Now we have the power and we have the legal framework that gives us the leverage to do this, we will therefore, start by reviewing our policies or processes that constitute obstacles to free trade.”

    Meanwhile, the Director of Legal Services, NCS, Bar. Smart Amanda, noted that the Act was put into use will strengthen and promote the operation and administrative capacity of the service in the discharge of his mandate.

    In his remarks, the former of House Committee chairman of Customs, Hon. Leke Abejide, said that the reforms injected into the Nigerian Customs Act 2023 is the enhancement of trade facilitation policies of the service, which has upgraded the status of the 21st-century strategic revenue-generating institution.

    Abejide said: “The reforms introduced by the new Act have a tremendous effect on every facet of our national economy and also the officers’ career progression with some enhanced level of professionalism and job motivation which has hitherto been deprived of the Service.

    “This new legislation further marks a significant milestone in our efforts to streamline Customs procedures, enhance trade facilitation, and foster a conducive environment for economic growth and development.

    “Today every Customs Officer is assured that his labour is not going to be truncated at the peak of his career neither is he going to be denied the fruit of long, faithful and dedicated service to his/her motherland. The provisions of Section 14 (1) of the new Act is very instructive on professionalism, by providing appointment of a career officer from the Service to be head of management of the service.”

    Speaking earlier, the Director-General of, the Nigerian Copyright Commission (NCC), Mr John Asein, restate his commitment to work with the Customs, said: “The handshake between the NCC and the Nigeria Customs Service has yielded so much fruit in bringing down piracy across the borders.

    “I believe that under the new dispensation, we will renew what we already have as a memorandum which had been working very well with us.”

    [Article Source]

    Post Views: 59

    Comments

    comments

    Bashir Adewale Adeniyi Customs Act Revenue
    Chief Editor
    • Website
    • Facebook
    • X (Twitter)

    As the Editor-In-Chief at Fridayposts, my commitment is to make valuable, insightful and useful articles and latest news contents available to our highly esteemed readers and subscribers.

    Keep Reading

    Business Environmental Scanning: A Strategic Tool for Nigerian Companies

    Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses

    Nigeria’s Call for a New World Order on Debt: Beyond Words at the United Nations

    Nigeria’s Central Bank Cuts Key Rate for First Time Since 2020: What It Really Means for the Economy, Businesses, and Households

    Wang Laboratories: Leadership in Action Case Study

    Get 10% Discount on Books, Ebooks & Audiobooks – Pay4Books Promo 2025

    Add A Comment
    Leave A Reply Cancel Reply

    Sponsored Ads
    Products
    • You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Hardcover) You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Hardcover) ₦30,000.00 Original price was: ₦30,000.00.₦28,390.00Current price is: ₦28,390.00.
    • You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Paperback) You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Paperback) ₦19,000.00 Original price was: ₦19,000.00.₦16,430.00Current price is: ₦16,430.00.
    • Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Hardcover) Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Hardcover) ₦28,000.00 Original price was: ₦28,000.00.₦24,817.00Current price is: ₦24,817.00.
    • Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Paperback) Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Paperback) ₦19,500.00 Original price was: ₦19,500.00.₦16,430.00Current price is: ₦16,430.00.
    • The Major Baton Transferred: Rediscovering God’s Kingdom Mandate for Dominion and Influence (Hardcover) The Major Baton Transferred: Rediscovering God’s Kingdom Mandate for Dominion and Influence (Hardcover) ₦22,000.00 Original price was: ₦22,000.00.₦18,450.00Current price is: ₦18,450.00.
    JUST IN

    Business Environmental Scanning: A Strategic Tool for Nigerian Companies

    October 1, 2025

    Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses

    October 1, 2025

    Top 100 Notable Leadership Experts in the World – From John C. Maxwell to A. Joshua Adedeji to Seth Godin

    September 27, 2025

    Volleyball’s Global Stage: The 2025 FIVB Men’s World Championship in the Philippines

    September 26, 2025

    Shooting at a U.S. ICE Facility: Security, Immigration, and the Future of Public Safety

    September 26, 2025
    • NIGERIA
    • POPULAR POSTS

    Be a Leader Indeed, the One that Inspires!

    July 15, 2025

    Enroll ‘Total Christian Certification’ Course: Transform Your Faith, Lead with Purpose, Live Fully in Christ | Hubpile | KPA | KPM

    April 6, 2025

    Petrol Price Hike: NLC and Atiku Warn of Dire Consequences as Nigerians Face Economic Hardship

    September 9, 2024

    Small Investment, Big Returns: A Guide to Launching a Business in Nigeria with 100k Naira or Less

    August 29, 2024

    Uzza, The Ark of Covenant And The Tale of Sisters Nicki And Tasha

    August 31, 2017

    Tips for Newly Weds: How to Make a Beautiful Home

    January 21, 2017

    Towards Your Destiny: You May Not Look It Now!

    September 6, 2016

    Death Sentence for Kidnappers in Nigeria: What Were Senators Waiting For?

    May 5, 2016
    Podcast This Week

    Subscribe to Updates

    Get the latest creative news from Fridayposts.com about politics, leadership and business.

    FOLLOW US
    • Facebook
    • Twitter
    • YouTube
    • WhatsApp
    Exchange Rate

    Exchange Rate USD: Fri, 13 Feb.

    Type above and press Enter to search. Press Esc to cancel.