Tag: Senate
Economic Growth Incentives: Import Duty Exemptions Hit N34trn in 2025-Customs
The Comptroller-General, Nigeria Customs Service (NCS), Adewale Adeniyi, says the value of Import Duty Exemption Certificate (IDEC) approvals for imported goods and equipment rose...
Senate Approves Customs’ 2026 Budget, Backs N11.074trn Revenue Target
The Senate on Wednesday approved the 2026 budget proposal of Nigeria Customs Service (NCS), endorsing a revenue target of N11.074 trillion and a total...
Senate Clears Customs of ₦62.2BN Under-remittance Allegation
The Senate Public Accounts Committee (SPAC) has officially cleared the Nigeria Customs Service (NCS) of a N62.2 billion under-remittance allegation originally raised by the...
Senate Extends 2025 Budget Implementation to June 30
The Senate has approved another extension of implementation of the capital component of the 2025 budget from March 31 to June 30.
This followed the...
