Suggestions




Customs, AGF Summoned Over Nigerian Shippers’ Council Revenue

August 19, 2021
by
House of Reps
House of Reps

THE House of Representatives has summoned the Accountant-General of the Federation,  Nigeria Customs Service and Budget Office over Nigerian Shippers’ Council (NSC) revenue.

The committee said it needed explanation on issues surrounding the collection and appropriation of the council’s revenue, derived from a portion of the port develop levy imposed on imported items.

Join our WhatsApp Channel

The committee issued the summons in Abuja at the ongoing public hearing on the 2022-2024 Medium-Term Expenditure Framework and Fiscal Strategy Paper.

Executive Secretary of the NSC, Emmanuel Jime, had said the main source of the council’s revenue, which is a quarterly two of the seven percent ports development levy amounting to N3.1bn was collected by the Customs and sent to the AGF’s office.

Jime, a former member of the House, said, “There is also the extra challenge we have. The agency responsible for the collection of that particular two percent that is being given under the current arrangement is Customs. It is the Customs that determines what amounts to a percentage of the port levy. So, we’re not really involved.”

Jime also lamented that the NSC had been unable to access the one percent charge on export and import since the council was established in 1978, noting that it was one of its statutory sources of revenue.

“There is this statutory source of revenue: one percent charge on export and import. Since Shippers’ Council was established, that particular source of revenue has never been accessed and I am taking it up with the supervising ministry and it is also one area that I will ultimately be going to seek the support from the other side,” he said.

Faleke consequently directly the secretariat to invite those concerned for deliberation on Monday.

+ posts

Kayode Shopekan

Related Posts

Petroleum
Previous Story

Petroleum Industry Act Designed To Enslave Niger Deltans – PANDEF

UNILAG
Next Story

UNILAG Reopens Hostels Amid COVID-19 Surge

Featured Stories

Related Posts

Latest from Top Stories

Unity–Providus Merger: Customers May Face Short-Term Disruptions

The proposed merger between Unity Bank Plc and Providus Bank Limited has entered its final stage, with integration activities underway following regulatory approval and shareholder backing. For customers, the main concern is likely to be short-term disruption as the two banks combine

Mugabe’s Son Arrested in South Africa Over Alleged Shooting

Bellarmine Chatunga, the son of former Zimbabwean leader Robert Mugabe, has been arrested in South Africa following an alleged shooting at his residence in Johannesburg. Police say the incident took place at his home in the upmarket Hyde Park suburb, where an

Nigeria-Germany Talks Raise Hopes for Power, Jobs, Security Gains

Millions of Nigerians struggling with unreliable electricity and limited job opportunities could see some relief after fresh talks between President Bola Tinubu and Germany’s Chancellor Friedrich Merz. In a brief phone call on Wednesday, the two leaders discussed closer cooperation on power,
Petroleum
Previous Story

Petroleum Industry Act Designed To Enslave Niger Deltans – PANDEF

UNILAG
Next Story

UNILAG Reopens Hostels Amid COVID-19 Surge

Don't Miss

Godwin Emefiele

Five Banks Fined N1.4bn For Forex Infractions, Others

ACCESS bank, UBA, Fidelity and three other top banks in
Container

Fully Loaded Container Falls, Blocks Road In Apapa

A fully loaded 40ft container, fell off the truck conveying