Nigeria's Custom Deactivate Erring Banks Over Duty Remittance 

The acting Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has ordered the deactivation of some banks over their failure to remit duties collected. <br />Adeniyi says some authorised dealer banks were failing to meet service-level agreements with respect to customs duty and statutory charge remittances, hence the banks were deactivated. <br />He says the decision follows a thorough audit and due process that aligned with the NCS’ commitment to upholding transparency, accountability, and efficiency in revenue collection. <br />He stated that measures had been put in place to minimise disruptions for importers and stakeholders within the trading ecosystem.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>