• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 16, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Customs Warns Bonded Terminal Operators Against Smuggling, Duty Evasion

by Leadership News
1 year ago
in Business
customs
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Operations Unit, Zone C, of the Nigeria Customs Service (NCS), has read the riot act to bonded terminal operators over acts of duty evasion and smuggling.

Advertisement

Customs area controller, Compt. Mike Ugbagu, during a stakeholder meeting with bonded terminal operators warned that using bonded terminals to smuggle or evade duty is discouraged and would be frustrated by his unit.

According to him, the procedure of transiting goods from the Seaport to the bonded terminal is complete after the CAC has signed the transfer and the containers are escorted by the Customs Police or FOU operatives.

Advertisement

“The intention of the board of Customs to approve bonded warehouses is for ease of doing business and to decongest the ports. In the same vein, he maintained that the procedure of transiting goods from the mother port to the bonded terminal through the Customs Area Controller’s signed transire and escorted by the Customs Police or FOU as the case may have not changed.”

“Goods meant for the bonded terminals must be properly deposited at the bonded terminal. The goods can only be delivered to the owner after assessment, payment of duty, examination and release out of customs control before the goods will be delivered to the consignee.

“In line with this core mandate of ensuring strict compliance with the provisions of the law, he maintained that any attempt to use the current import and export guidelines by bonded terminals, as an avenue for smuggling or duty evasion will be discouraged and frustrated in all ramifications,” Customs public relations officer, FOU, Zone C, Jerry Attah,b quoted the Compt. in a statement.
Attah stated further that the Comptroller said that measures have been put in place to track and trace bonded terminals bound importations to minimise revenue loss.

RELATED NEWS

Elumelu Urges Africa To Unlock Pension Funds To Fix Power Deficit

SEC DG: Nigeria’s transition To T+2 Settlement Cycle’ll Reduce Risks

Renewable Energy Forum Highlights Africa’s Low Investment Share, Calls for Solutions

Mantrac Launches Digital Service Centre

Compt. Ugbagu while also addressing the Nigerian Shippers Council and some exporters that visited him at FOU, Zone C, Owerri also encouraged them to document their export

“According to the Comptroller, proper documentation of imports/exports creates Data. Data is used all over the world for economic planning and decisions. He maintained that no Country could plan well if they do not have proper and accurate data of what comes into your country or what goes out.

Loading trucks or boats with all manner of goods and trying to take it out of the country through an illegal route without documentation tantamount to smuggling,”

Join Our WhatsApp Channel

SendShare10174Tweet6359Share

OTHER NEWS UPDATES

Analysts Laud UBA’s N1trn Market Capitalisation Milestone
Business

Elumelu Urges Africa To Unlock Pension Funds To Fix Power Deficit

58 minutes ago
SEC DG: Nigeria’s transition To T+2 Settlement Cycle’ll Reduce Risks
Business

SEC DG: Nigeria’s transition To T+2 Settlement Cycle’ll Reduce Risks

12 hours ago
Renewable Energy Forum Highlights Africa’s Low Investment Share, Calls for Solutions
Business

Renewable Energy Forum Highlights Africa’s Low Investment Share, Calls for Solutions

12 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Oyedele Unveils Nigeria’s Tax Reforms At IMF/World Bank Meetings In US

25 minutes ago

Customs Officer Found Dead In Katsina Hotel

29 minutes ago

Senate Steps Down Consideration Of New Electoral Act

31 minutes ago

Elumelu Urges Africa To Unlock Pension Funds To Fix Power Deficit

58 minutes ago

I Was Employed By UNIJOS Before I Completed My NYSC — Amupitan

1 hour ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.