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Home » FG Okays N142bn E-Customs Project

FG Okays N142bn E-Customs Project

by sam
April 20, 2023
in Featured, News

Clem Agba

The Federal Government, on Wednesday, in Abuja, approved the Customs modernisation project worth at least N142.24bn amid reports of an existing court order restraining it from proceeding with the project.

The Minister of State, Budget and National Planning, Clem Agba, who said he was unaware of any court order on the project, disclosed this to State House correspondents shortly after this week’s Federal Executive Council meeting, presided over by Vice President Yemi Osinbajo at the Council Chambers of the Presidential Villa, Abuja.

The concessionaire includes Bergman Securities Consultant and Suppliers Limited as the project sponsor, Africa Finance Corporation (UFC) as the lead financier and Huawei Technologies as the lead technical service provider.

Agba said the concessionaire had furnished the government with $9m (N4.14bn) security from the satisfactory performance of the project plus a debt facility timesheet in the sum of $300m (N138bn) to finance the first phase of the project.

He also revealed that the concessionaire will take 45 per cent of all that accrues to the comprehensive input service scheme while 55 per cent goes to the FG.

The concessionaire will also keep 25 per cent of what accrues to the Nigerian export supervision scheme, while 75 per cent will go to the FG.

Recall that two Senior Advocates of Nigeria had asked the Attorney General of the Federation, Abubakar Malami to obey a court order in respect of a dispute on the multi-million Naira e-Customs Modernisation project.

E-Customs Introduction To Ensure Efficiency In Securing Borders – ACG

The senior lawyers: Messrs Ahmed Raji and Dipo Okpeseyi had in separate letters warned the AGF; the Minister of Finance, Budget and National Planning and Secretary to the Government of the Federation of “underhand efforts being made to obtain FEC approval and or ratification of the re-award of the e-Customs Modernisation Project.”

Specifically, the lawyers are asking the Federal Executive Council to suspend, discontinue or discountenance any request to initiate deliberations or a fresh request for approval for the award of the said contract to any other bidder aside the original approval granted by FEC to Messrs E- Customs Project Limited.

“It is in spite of all these that the Nigeria Customs Service is pushing to have the FEC grant another approval with the sole purpose to embarrass, over reach and undermine the earlier approval and ratification by the FEC and prejudice the matter pending in court,” said Mr Okpeseyi in his letter to the Secretary to the Government of the Federation dated April 11, 2023.

The Federal High Court in Abuja had in June, 2022, restrained the Federal Government from enforcing or giving effect to an agreement on the Customs Modernisation Project otherwise known as E- Customs allegedly executed by its agents on May 30, 2022.

On 20 February, 2023, the court had admonished all parties in the matter to preserve the res of any matter before court and do nothing to interfere with the proceedings.

The agents who allegedly executed the disputed concession agreement are the Nigeria Customs Service, Trade Modernization Project Limited, Huawei Technologies Company Nigeria Limited and African Finance Corporation.

The court also issued an order of interim injunction against the Federal Government or its agents, acting through the Federal Executive Council, from retrospectively ratifying the decision to concession the Customs Modernisation Project also known as e- customs project to Trade Modernization Project Limited, Huawei Technologies Company Limited and African Finance Corporation.

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