close
Wednesday, May 24, 2023

New customs act will enhance efficiency, says Buhari

President Muhammadu Buhari says the new customs act recently signed into law will enhance the efficiency of customs administration.

• May 24, 2023
CUSTOMS OFFICERS
CUSTOMS OFFICERS

President Muhammadu Buhari says the new customs act recently signed into law will enhance the efficiency of customs administration.

The president declared this at the inauguration of the new customs headquarters in Maitama Abuja on Tuesday.

He noted that the act was a testament to his administration’s commitment to fostering a business-friendly environment, attracting investments and driving economic growth.

Mr Buhari said he had always recognised the critical role of customs as an instrument of economic prosperity and overall development of the nation.

“We are all aware of the challenges faced by our Customs Service, particularly the issue of fragile borders that provide opportunities for illicit activities. The recent increase in transnational crimes, smuggling, and security threats necessitates the need for a robust and agile customs administration,” stated the president. “I am fully cognizant of these challenges and the urgent need to address them.”

Mr Buhari added, “I am pleased to highlight that in line with our commitment to enhancing the efficiency and effectiveness of our customs administration, I recently signed the Customs Bill into law. The new act, which is a product of extensive consultations and deliberations, represents a significant step towards modernising our customs operations, strengthening regulatory frameworks, and promoting trade facilitation.”

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

DAX index

Economy

Women to constitute 38% of German firms’ boards in 2023

The percentage of women on the supervisory boards of Germany’s 40 largest firms listed on the DAX index should reach a record 38 per cent by the end of 2023.

PROTESTERS AT SPANISH CONSULATE

Sport

Brazilians protest at Spanish consulate over Vinicius’ racial abuse

Dozens of protesters demonstrated in front of the Spanish consulate in São Paulo over racial abuse of Real Madrid football striker Vinicius Junior.

German President Frank-Walter Steinmeier

World

German President Steinmeier begins state visit to Romania

German President Frank-Walter Steinmeier will begin a three-day visit to Romania on Wednesday.

Central Bank of Nigeria and CBN Governor, Godwin Emefiele

NationWide

139 microfinance banks, firms’ licences revoked by CBN for violating laws: Emefiele

CBN has announced the revocation of the licences of 132 microfinance banks, three finance companies and four primary mortgage banks across the country.

Pound sterling

World

Britain’s inflation falls to lowest level in one year

British inflation has eased back to its lowest level since March 2022 but remained higher than expected as food prices continued to rise at a near-record pace.

ATM cards

Enugu

Enugu: Police, NAF arrest ATM cards swapping syndicate

The suspects included three males and one female, a mother of four.