HomeLocal NewsCustoms should stop collecting revenue - Finance ministry

Customs should stop collecting revenue – Finance ministry

Date:

Related stories

Kano improves drug quality in health facilities

Kano State Drugs and Medical Consumables Supply Agency (DMCSA)...

Gov. Yusuf calls for increased power allocation to Kano

The Governor of Kano State, Alhaji Abba Yusuf, has...

Man remanded for attacking imam during prayers in Kano

A Shariah Court in Kano State, sitting at Kofar...

Kano PDP unveils five-point agenda

The Peoples Democratic Party (PDP) in Kano State has...

Kano police arrest notorious thug Gundura, 14 others

The Kano State Police Command has apprehended a notorious...
spot_img

The Federal Ministry of Finance, Budget and National Planning has called for the stripping of the Nigeria Customs Service of the responsibility of revenue collection.

It said the responsibility should be transferred to the Federal Inland Revenue Service (FIRS).

Stakeholders in the sector opposed the passage of the Customs and Excise Management Amendment Bill, saying several provisions in it were draconian and against global best practices.

Speaking at a public hearing, Permanent Secretary in the Ministry, Aliyu Ahmed said there was the need to unify revenue collection so that Customs can concentrate on its responsibility of trade facilitation.

He said: “The single most important function of the Customs Service anywhere in the world is trade facilitation.

“Revenue collection by Customs is a distraction. The reason is that the main function of the Nigeria Customs Service is trade facilitation.

“But the trade facilitation has been pushed to the background because of the focus on revenue collection.

“In other climes, the best practice is moving towards unifying revenue collection.

“If we want to go that far, and achieve that best practice, our submission would be to move revenue to the Federal Inland Revenue Service so that Customs Service can really focus on trade facilitation function.”

 

Subscribe

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here