• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy Customs Moves Against 223 Importers in N379bn Permit Breach
  • Economy
  • National

Customs Moves Against 223 Importers in N379bn Permit Breach

By
Prnigeria
-
July 26, 2025
Comptroller General Nigerian Customs Bashir Adewale
Comptroller General Nigerian Customs Bashir Adewale

Customs Moves Against 223 Importers in ₦379bn Permit Breach

The Nigeria Customs Service (NCS) has issued a 21-day ultimatum to importers who have failed to comply with the conditions of the Temporary Admission Permit (TAP) regime, warning of stiff penalties for defaulters.

In a press statement signed and released by Assistant Comptroller Abdullahi Maiwada, PhD, the National Public Relations Officer, on Friday, the NCS announced that the grace period will take effect from Monday, July 28, 2025. Affected importers are urged to regularise their importation status by either applying for a valid extension, re-exporting the goods under customs supervision, or converting the goods to home use by paying the appropriate duties.

Temporary Admission, also referred to as Temporary Importation, allows goods to enter the country without full duty payments, provided they are re-exported within a stipulated timeframe and not altered beyond normal wear and tear. The framework is backed by the Revised Kyoto Convention (RKC) and Sections 142 to 144 of the Nigeria Customs Service Act, 2023.

However, compliance checks by the NCS revealed that 223 companies failed to adhere to the TAP guidelines, with defaults totalling a bond value of ₦379.6 billion.

Read Also:

  • NAF Graduates Anti-Drone Radar Experts to Boost Air Defence Capabilities
  • Ilorin Emirate Group Launches ₦500 Million Multi-Purpose Complex Fundraiser in Kano
  • Troops Raid Bandits Hideout, Recover Cache of Arms, Ammunition in Plateau

“These importers neither re-exported the goods nor fulfilled their obligation to convert them to home use by paying the necessary duties,” the Service stated.

According to the law, beneficiaries of the TAP regime are required to secure their duty exemptions with bank bonds—financial guarantees activated in cases of non-compliance. Typically, TAPs are granted for 12 months and are extendable for another year. Under special consideration, importers may be granted an additional six months and a final six-month grace period. Any failure beyond these provisions constitutes a violation.

“In line with Section 143 of the NCS Act 2023, the Service is empowered to discharge the bond value as customs duty into the Federation Account if importers fail to meet their obligations,” the statement added.

The NCS warned that enforcement actions—including bond invocation, penalties, and legal proceedings—will commence immediately after the grace period lapses.

The Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, reaffirmed the Service’s commitment to regulatory enforcement and national revenue protection.

“The Nigeria Customs Service remains resolute in upholding the integrity of the TAP framework and urges all stakeholders to take advantage of this window of opportunity,” the statement concluded.

The statement was, on behalf of the Comptroller-General.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • customs
  • economy
  • Permit
  • Revenue
Previous articleCOAS Endorses NDC’s Research on Advanced Military Technologies
Next articleTinubu, NUJ, Police, and Military Mourn the Death of Gusau Emir
Prnigeria
Prnigeria

RELATED ARTICLESMORE FROM AUTHOR

NAF Graduates Anti-Drone Radar Experts to Boost Air Defence Capabilities

Troops Raid Bandits Hideout, Recover Cache of Arms, Ammunition in Plateau

Yemi OSINBAJO

ECOWAS Appoints Osinbajo to Lead Election Observation Mission in Côte d’Ivoire

The seized items recovered by the Troops

Troops Foil Terrorists Attack, Recover N4.7m, Phones, Bicycles in Borno

Nigerian Police Force

Police Urge Protesters to Respect Court Order, Vow Tough Action Against Violators

NDLEA Logo

NDLEA Intercepts Drug Consignments Hidden in Frozen Snails, Electrical Bulbs Bound for US, UK, Congo

Deported Foreigners

FG Concludes Deportation of 192 Convicted Foreign Cybercriminals

Reno Omakri and Foreigners

Reno’s Factfinders: Genocide Spin, Coup Whispers and Foreign PR Mercenaries

President Bola Ahmed Tinubu arriving from Rome

Tinubu Returns to Abuja After High-Level Counterterrorism Meeting in Rome

INEC

When Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter Duru

WikkiTimes

WikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection Network

JUST IN: 21 Abductees Regain Freedom as Army Sustains Offensive Against Bandits in Kwara, Kogi

Recent Posts

  • NAF Graduates Anti-Drone Radar Experts to Boost Air Defence Capabilities
  • Ilorin Emirate Group Launches ₦500 Million Multi-Purpose Complex Fundraiser in Kano
  • Troops Raid Bandits Hideout, Recover Cache of Arms, Ammunition in Plateau
  • Troops Nab Boko Haram Logistics Suppliers, Seize Food Items in Borno
  • ECOWAS Appoints Osinbajo to Lead Election Observation Mission in Côte d’Ivoire
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NAF Graduates Anti-Drone Radar Experts to Boost Air Defence CapabilitiesIlorin Emirate Group Launches ₦500 Million Multi-Purpose Complex Fundraiser in KanoTroops Raid Bandits Hideout, Recover Cache of Arms, Ammunition in PlateauTroops Nab Boko Haram Logistics Suppliers, Seize Food Items in BornoECOWAS Appoints Osinbajo to Lead Election Observation Mission in Côte d’IvoireTroops Foil Terrorists Attack, Recover N4.7m, Phones, Bicycles in BornoPolice Urge Protesters to Respect Court Order, Vow Tough Action Against ViolatorsNDLEA Intercepts Drug Consignments Hidden in Frozen Snails, Electrical Bulbs Bound for US, UK, CongoFG Concludes Deportation of 192 Convicted Foreign CybercriminalsPSC Reinstates Dismissed Police Officers After Reviewing Disciplinary CasesReno's Factfinders: Genocide Spin, Coup Whispers and Foreign PR MercenariesA New Understanding Between Customs and ManufacturersCoup Rumour Baseless, Malicious, Says DHQNAF Donates N23 Million to Victims of Airstrike in YobeTinubu Returns to Abuja After High-Level Counterterrorism Meeting in Rome
X whatsapp