Business
Customs intercepts smuggled goods worth N79m in Katsina
The Nigeria Customs Service (NCS) Area Command in Katsina, says it intercepted smuggled goods worth N79million between February and March 2021. Mr Adewale Aremu, the state Area Controller of Customs (ACC), disclosed this when he spoke with the News Agency of Nigeria (NAN) in Katsina on Wednesday. Aremu said the seized goods included 470 bags of 50kg rice concealed in different compartments of a fuel tanker. “Others include 367 bales of second hand cloths worth over N30million; used Honda Accord salon car worth over N8million as well as 166 jerry cans of vegetable oil valued at N1.8 million.
“Also confiscated are 321 cartons of foreign spaghetti; 97 cartons of couscous; 110 cartons of macaroni; 65 cartons of milky creamer; 14 cartons of clinical plaster and 187 bags of sugar,” he said. Aremu said the tanker with registration number KWL 427 TH has a duty value of N13.5million. The trailer used for conveying the second hand cloths is valued at N12.1million,” he said. Aremu reiterated that the NCS will not relent in its efforts to track down smugglers in the country, pointing out that the practice was detrimental to the economy of Nigeria. (NAN)
-
Oil and Gas2 days agoPetrol pump price to fall below N740 per litre before Christmas as Dangote alleges sleaze at NMDPRA, demands investigation, prosecution of Farouk Ahmed
-
Economy2 days agoNigeria’s headline inflation rate decline to 14.45% y/y–NBS
-
News2 days agoSpread between official, unofficial foreign exchange markets dropped by N30.59US$/1—Coronation
-
Finance2 days agoBitcoin value drops to $88k over Bank of Japan central bank rate cut anticipation
-
Finance9 hours agoCBN revokes operational licenses of Aso Savings and Loans Plc, Union Homes Savings and Loans Plc
-
Stock Market2 days agoCordros Securities tips GTCO as top pick for 2026 due to superior assets
-
Uncategorized1 day agoAfDB seeks $25bn for low-cost lending amid waning US engagement
-
Uncategorized17 hours agoFederation Account Revenue shared N1.928trn to FG, States, LGs, in November 2025
