shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » NDCC: CUSTOMS LOSES N28BILLION IN SIX MONTHS

NDCC: CUSTOMS LOSES N28BILLION IN SIX MONTHS

by Joshua
August 29, 2010
in Uncategorized

Customs Duties and other charges totally N27, 841, 830. 732 have been  lost to the implementation of the Export Expansion Scheme between January and June this year.

A statement issued in Abuja last week by the public Relations Officer, Nigeria Customs Service, Mr Wale Adeniyi attributed to the use of Negotiable Duty Credit Certificate (NDCC) to cover Import and Excise 
Duties that would have been paid by beneficiaries of the Export 
Expansion Grant Scheme (EEG).

According to him, the Comptroller-General of Customs, Dikko Abdullahi confirmed the duty loss and expressed the concern of the Service on what he described as an unfolding ugly trend in the implementation of the scheme.

“It was the same trend in 2009. During the first half of the year, the  nation had lost N 12.5 billion to NDCC. This on the surface should  translate to increase activities in the export sector, with its  multiplier effects. Unfortunately, our record has not supported that  position”, he added.

 He quoted the Customs boss as challenging beneficiaries of the scheme to make public the number of jobs they have created and their production output since the inception of the scheme in 2006. On our part, we can say that we have not recorded any importation of raw materials and machineries that explains the use of NDCC in such magnitude that we have seen the period.

Reacting to media reports that the Service had issued directives to its Area Controllers to dishonour all importations covered by NDCC, the Comptroller-General stated unequivocally that the Service is still 
committed to the growth of the nation’s non-oil sector.

He however stated that the Service has expressed concerns over the abuse of the scheme which negates its objective. A situation where NDCC is used to cover importation of new cars, rice and other luxury items is clearly against the spirit of the scheme and is therefore unacceptable.

Henceforth only applications that are related to export activities will be allowed to be covered by NDCC, the statement added.


Related Posts

Rainbow Coalition Targets One Million Votes for Tinubu in South-West

Rainbow Coalition Targets One Million Votes for Tinubu in South-West

October 1, 2026
IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

August 31, 2026

Tinubu Hails Nigerian Firm’s AfCFTA Customs Project Deal

August 11, 2026

Onion Dispute: Nigerian Traders Halt Exports To Ghana, Seek ECOWAS Intervention

August 11, 2026

Discussion about this post

Latest News

CGC Adeniyi Pledges Customs’ Support for Nigeria’s $1tn Economy Target

October 9, 2026

FerrySafe Successfully Concludes Module 5 on Safety Management Systems, Advances to Survey and Inspection Training

Customs Boss Signs SOP On Internal Corruption Risk Analysis, Mapping

Oil & Gas Free Trade Zone Drives Investment, Economic Growth – Controller

Kebbi Customs Hands Over N223m Toxic Pesticides, Cannabis, Ammunition To Agencies

Customs Backs Hallink Terminal to Boost Nigeria’s Non-Oil Export Value Chain

Customs Intercepts 3 Live Pangolins In Ogun

Vessels Expected At Lagos Ports As At 9th October, 2026

Comptroller Muazu Engages Stakeholders, Pledges Improved Service Delivery at Apapa

IMION Unveils 5-Pillar Plan To Revive Nigeria’s Fisheries Sector

Nigeria Customs Marks Breast Cancer Awareness Month in Abuja

Vessels Expected At Lagos Ports As At 8th October, 2026

kindly like our Facebook page

Health

WHO Launches Campaign To Prevent Stem Rising Suicide In Africa
Health

WHO Warns Smoking Can Reduce Fertility

September 28, 2026

The World Health Organization (WHO) says new evidence shows that smoking may reduce the chances of conceiving, with tobacco use...

Expert Urges Nigerians To Reduce Salt, Sugar Intake

Expert Urges Nigerians To Reduce Salt, Sugar Intake

September 21, 2026
Some Foods That Can Affect Your Kidney In Your 60s And Above

African Traditional Medicine Key To Universal Health Coverage – WHO

September 14, 2026
Doctors Warn Against Excessive Herbal Products Intake

Doctors Warn Against Excessive Herbal Products Intake

September 14, 2026
Some Foods That Can Affect Your Kidney In Your 60s And Above

Some Foods That Can Affect Your Kidney In Your 60s And Above

September 14, 2026
Expert ‌‍‍‍⁠⁠‌‍‌‌‍⁠⁠‌‌Warns Of Sharp Rise In Diabetes Among Young Nigerians

Expert ‌‍‍‍⁠⁠‌‍‌‌‍⁠⁠‌‌Warns Of Sharp Rise In Diabetes Among Young Nigerians

September 7, 2026
Eat Ginger Every Day and Watch Your Health Bounce Back To Life

Eat Ginger Every Day and Watch Your Health Bounce Back To Life

September 7, 2026
Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

August 31, 2026
WHO Says 4 In 10 Cancer Cases Preventable

WHO Says 4 In 10 Cancer Cases Preventable

August 31, 2026
SPECIAL EDITION ON CANCER AWARENESS:  Oncologist Urges Early Alarm, Detection

SPECIAL EDITION ON CANCER AWARENESS: Oncologist Urges Early Alarm, Detection

August 31, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition