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FG to launch new mining policy for recovery of unpaid royalties

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Speaking on Monday at the stakeholders’ consultative forum on the review of the draft mineral exports’ guidelines and documentation requirements, Zainab Ahmed, minister of finance, budget and national planning, said the policy has become more urgent in view of the present economic challenges occasioned by the COVID-19 pandemic, as well as volatility of global oil prices.
“This effort, therefore, is another of such deliberate federal government policy measure that is aimed at developing its monumental mining potentials and minimising dependency on oil as the nation’s continues her drive towards a progressively diversified economic base,” she said.
A statement by Yunusa Tanko Abdullahi, special adviser to the finance minister on media and communications, quoted Ahmed as saying streamlining the operations of the sector would help guarantee proper regulation of the sector and promote the deployment of appropriate technology/expertise to determine th ....

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Customs intercept 705 items with duty paid value of N409.8 million in Seme

Customs intercept 705 items with duty paid value of N409.8 million in Seme
today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.

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'Dangote cement covers 60% of exports to Benin'

The Free on Board (FOB) value is put at N4.37 billion while the export value of all the items is
The Nigerian Export Supervision Scheme (NESS) Fees value of all exported items stood at N21.384 million during the period.
He Customs Area Controller, Seme Area Command, Bello Mohammad Jibo, during a press briefing yesterday said the command was able to make a modest achievement at the wake of Federal Government pronouncement on the reopening of the land borders.
The Comptroller put the overall revenue remitted into the Federation account at N80.775m in the first quarter of 2021 adding that the collection was from 0.5% ETLS, 1% NESS, Baggage assessment and the reassessment of trucks trapped during the border closure. ....

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Customs intercept 705 items with DPV N409.8m in Seme

By Raji Rasak
Badagry (Lagos State), March 31, 2021 The Nigeria Customs Service, Seme Border Area Command, on Wednesday said it had intercepted contraband with duty paid value of N409,851,533 since the reopening of the border
The Customs Area Controller (CAC) of the Command, Comptroller Bello Jibo, disclosed this at a news conference at ECOWAS Joint Border Post, Seme-Krake.
He said that the banned substances, smuggled into Nigeria through the border, include 232 wraps of cannabis sativa, 98 used vehicles, 5,568 bags of rice and two sacks of condom.
Jibo said that the contraband were smuggled in the period from Dec.17 when the Federal Government announced the reopening of four land borders to date. ....

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Customs generate N118.9bn at Onne sea port in 2020

By Dianabasi Effiong
Onne (Rivers) Jan. 13, 2021 The Area II Command of the Nigeria Customs Service, Onne Port in Rivers, says it generated ₦118.9billion (₦118,959,214,999.53k) in the out gone year 2020.
The figure was announced on Wednesday by Comptroller Mohammed Auwal, Area Controller, Area II Command, at a media briefing in Onne Port.
According to Auwal, this figure is N11.6 billion (₦11,623,072,175.04) higher than the N107.3 billion (₦107,336,142,824.29) generated by the command from January to December of 2019.
Auwal also stated that the command’s enforcement and anti-smuggling personnel made a total of 37 seizures with total duty paid value of over one billion naira (₦1,008,266,282.53) within the period in focus. ....

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