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WCO: Nigeria Customs Participates in 74th Harmonised System Committee Meeting

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WCO: Nigeria Customs Participates in 74th Harmonised System Committee Meeting

… Body provides a standardised system for global classification of goods

Nigeria Customs Service (NCS) delegates have participated in the World Customs Organization (WCO) 74th Harmonised System Committee (HSC), a body of experts which serves as a vital tool for facilitating global trade.

The team was led by Assistant Comptroller Abubakar Hardo, Chief Superintendent of Customs (CSC) Ekay Asuquo and CSC Lauretta Utubor (Team Lead Advance Rulings) to the meeting held from 16 to 27 September 2024, at the WCO Headquarters in Brussels, Belgium.

According to reports, the Harmonised System Committee (HSC) plays a crucial role in managing the Harmonised System Nomenclature (HSN), which serves as a vital tool for facilitating global trade by providing a standardised system for classifying goods.

As a Contracting Party, Nigeria’s participation in the HSC is pivotal considering the nation’s large market index in Africa leading to high volumes of imports from across the globe. 

The Maritime First learnt that the impact of these policies, particularly on Customs formalities, has far-reaching economic consequences, making Nigeria’s contributions to such discussions critical.

The HSC focuses primarily on the tariff classification of goods, ensuring that products are correctly categorised under the Harmonised System Nomenclature. 

This involves detailed discussions on goods descriptions and the appropriate tariff codes or headings that align with legal provisions and explanatory notes. 

The HSC ensures that global trade remains efficient, transparent, and standardised through this process.

 Additionally, the opportunity to raise tariff classification issues that may have caused prolonged disputes between customs and economic operators allows for an objective resolution aided by input from other Contracting Parties.

Similarly, a delegate from Nigeria who happens to be a beneficiary of the WCO 88th fellowship programme, CSC Lauretta Utubor, the Team Lead for Advance Rulings in Nigeria, made a presentation at the Leadership Management Development workshop on Friday, 20 September 2024.  

 The presentation, which also took place at the Headquarters of WCO in Brussels, emphasised the role of essential tools such as self-awareness, strategic communication, political will, intentionality, people management, and change management played towards the successful implementation of Advance Rulings in Nigeria. 

She also underscored Nigeria’s dedication to adopting global best practices and the Comptroller General Customs, Adewale Adeniyi’s commitment towards promoting trade facilitation and customs modernisation.

This high-level engagement with technical experts from customs administrations worldwide enables Nigeria to enhance its decision-making capacity when issuing legally binding advice to economic operators.

 Furthermore, the insights gained from the 74th HSC meeting are expected to strengthen Nigeria’s customs processes and contribute to the nation’s continued leadership in trade facilitation on the African continent.

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WALE ADENIYI: 12 Outstanding Milestones of Renewed Hope Agenda at Customs House

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WALE ADENIYI: 12 Outstanding Milestones of Renewed Hope Agenda at Customs House

There was wild jubilation across Customs formations nationwide when President Bola Ahmed Tinubu announced the appointment of Mr Wale Adeniyi as the Comptroller General of the Nigeria Customs Service in June last year. Wale Adeniyi’s emergence as the new helmsman of the Service ended the infamous eight-year regime of Hameed Ali which will go down in history as the most repressive in the over 100-year history of the Service.

For eight years, Hameed Ali ran the Customs as if it were a military cantonment. Under him, the fear of Hameed Ali was the beginning of wisdom. Management meetings were usually one-sided as most officers were afraid to trade opinions that would elicit his wrath. As one observer disclosed, the Hameed Ali days were the darkest moments in the history of Nigeria Customs as officers and the rank and file worked under perpetual fear.
His high-handedness and arrogance also manifested in his relationship with the National Assembly as well as his supervising Minister of Finance. These and many more unsavoury conducts of Hameed Ali may have prompted the National Assembly, in the dying days of the Buhari Administration, to come up with an amendment to the Customs and Excise Act (CEMA) which now makes it mandatory for only career officers to be appointed as Comptroller General of Customs. On assumption of duty, Wale Adeniyi, himself a former spokesman of the Service, realized he had much to do to change public perception and confidence building between critical stakeholders and officers.

Such engagements took him to the National Security Adviser, the Police, the Army, the Navy, freight forwarders and Customs brokers amongst others. Since he assumed duties, Mr Adeniyi has broken every record or target he met on ground. From revenue generation to suppression of smuggling, he has continued to carry the banner of Mr. President’s Renewed Hope Agenda sky high. As it stands, and with every sense of responsibility, it will be difficult for any head of MDA to surpass the heights so far achieved by CGC Wale Adeniyi within just one year of his emergence as helmsman of the Nigeria Customs Service.
Below are the 12 most Outstanding milestones of Mr Adeniyi since his appointment in June last year
1. Surpassing Revenue Generation Targets
– The NCS, under CGC Adeniyi’s leadership, collected NGN 2.74 trillion in the first half of 2024, exceeding the half-year revenue target by eight per cent and achieving a remarkable 127 per cent increase compared to the same period in 2023.
2. Introduction of Time Release Study
– The WCO Time Release Study is a strategic and internationally recognised tool to measure the actual time taken for the release or clearance of goods, from the time of arrival until the physical delivery of cargo.
3. Intensified Anti-Smuggling Operations
– The NCS made 2,442 seizures in the first half of 2024, with a Duty Paid Value (DPV) of N25.52 billion, representing a 203 per cent increase compared to the first half of 2023. The Service’s commitment to tackling smuggling operations continues to yield significant results.
4. Significant Increase in Second Quarter Seizures
– In the second quarter of 2024, the NCS made 1,334 seizures with a DPV of N17.56 billion, showing a 121 per cent increase over the first quarter. Top items seized include wildlife, vehicles, arms, rice, pharmaceuticals, and narcotics, with 32 suspects undergoing prosecution.
5. Reinforcement of NCS Automation Procedures
– To simplify and expedite Customs processes, CGC Adeniyi reinforced the NCS automation procedures, reducing manual processes and enhancing the efficiency of Customs clearance operations.
6. Capacity Building Programmes for Officers
– The CGC prioritized officer training and development, implementing capacity-building programmes to equip officers with the necessary skills to handle modern Customs operations that meet international standards.
7. Public-Private Partnerships for Trade Facilitation
– Under the CGC’s leadership, the NCS strengthened its engagement with the private sector through public-private partnerships aimed at improving trade facilitation and enhancing Customs clearance efficiency.
8. Implementation of Real-Time System Auditing
– To address operational challenges and enhance revenue collection, the CGC introduced real-time system auditing and post-clearance audits, ensuring compliance with import guidelines and improving overall efficiency.
9. Introduction of the Authorized Economic Operators (AEO) Scheme
– CGC Adeniyi launched the Authorized Economic Operators (AEO) scheme to improve trade compliance and facilitate quicker customs clearance for trusted traders, a critical step toward international best practices.
10. Introduction of Advance Ruling System (ARS)
– The CGC implemented the Advance Ruling System (ARS), which provides legally binding decisions on classification, valuation, and rules of origin prior to importation, enhancing transparency and predictability for traders.
11. Launch of Operation Whirlwind
– To curb smuggling and improve border security, the CGC launched Operation Whirlwind, a focused anti-smuggling initiative aimed at disrupting illicit trade and securing Nigeria’s borders from economic saboteurs.
12. Strategic Reshuffling of Officers
– In a move to improve operational efficiency, CGC Adeniyi conducted a strategic reshuffling of officers at key positions, ensuring the deployment of skilled personnel to critical areas to enhance NCS performance.
These milestones highlight the CGC’s commitment to revenue generation, trade facilitation, anti-smuggling efforts, and modernization of customs operations for national economic growth and security.

_ASU BEKS

_SHIPPING WORLD NEWS MAGAZINE

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DRUGS IMPORTATION: Tin Can Customs Unveils N682m Cannabis Indica, in 3 Containers

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DRUGS IMPORTATION: Tin Can Customs Unveils N682m Cannabis Indica, in 3 Containers

… Comptroller Nnadi says: “We are more than committed to delivering on mandate”

Tin Can Island Port Customs Area Command Controller CAC, Dera Nnadi has unveiled three seizures, comprising 684 packets of Cannabis Indica, weighing 341.025kg with a street value of N682,050,000. 

Comptroller Nnadi who identified the container marks as MSMU 518030/2 (1X40FT); MSMU 602957/0 (1X40FT) and Container Number FSCU 927461/3 (1X40FT), also highlighted a promise to uncover several other similar containers, with illicit contents in the coming weeks.

“In the coming weeks, it is our hope and desire to hand over several other containers of similar nature after consultations with Customs Headquarters”, Comptroller Nnadi revealed, even as stakeholders wondered what audacious impunity lured the importers to the Tin Can Customs Command, knowing full well, that it is Dera Nnadi’s enclave.

“The Command having received actionable intelligence on the suspected importation of illicit dangerous drugs from one of the source countries, intercepted the three containers which we are showcasing today.

“The drugs extracted from the containers are being handed over to the National Drug Law Enforcement Agency (NDLEA) TCIP, in furtherance of existing interagency collaboration and the MOU signed between the NDLEA and NCS”, the CAC stated, while providing details.

“The details of each subject container are as follows: CONTAINER NUMBER MSMU 518030/2 (1X40FT)

“A joint 100% physical examination was conducted on 2 Aug 2024 and the examination revealed 77 packets of Cannabis Indica weighing 38.5kg.

“Investigation by the Command and our partner agency the NDLEA is ongoing and the NDLEA will update you on the interdiction, arrest and prosecution”

“At the time of processing the intelligence, system profiling indicated that a declaration was made on an SGD Number withheld on 30-07-2024, listing three (3) used vehicles: 

“CONTAINER NUMBER MSMU 602957/0 (1X40FT): A joint 100% physical examination was conducted on 8 Aug 2024 and the examination revealed 532 packets of Cannabis Indica weighing 265.025kg.

“At the time of processing the intelligence, no declaration had been entered. The shipping company concerning the consignment is MSC.

“CONTAINER NUMBER FSCU 927461/3 (1X40FT): A joint 100% physical examination was conducted on 8 Aug 2024 and the examination revealed 75 packets of Cannabis Indica weighing 37.5kg. 

“At the time of processing the intelligence, no declaration had been entered. The shipping company concerning the consignment is MSC.

“Investigation by the Command and our partner agency the NDLEA is ongoing and the NDLEA will update you on the interdiction, arrest and prosecution”, Comptroller Nnadi indicated further, stressing that as a result of the synergy between the NDLEA and the NCS, the Command was handing over the contents of the three containers, totalling 684 packets of Cannabis Indica, and weighing 341.025kg, with a street value of N682, 050,000.00.

He assured that the Command and indeed the Service would deploy all necessary resources and strategies at its disposal and in collaboration with other security and regulatory agencies check the menace of illegal importation of illicit and dangerous substances.

“We are more than committed to deliver on this mandate”, he pointed out, while appreciating stakeholders’ partnership and synergy with the Customs Service, to ensure and sustain the protection of the Nigerian society.

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Banking & Finance

BOI To Disburse N1bn Single-digit Interest Loan To 140 Manufacturers

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The Bank of Industry (BOI) has announced plans to disburse loans of up to N1 billion to 140 manufacturing companies across Nigeria under the Federal Government’s N75 billion Manufacturing Sector Fund.

BOI Managing Director, Olasupo Olusi, made this disclosure at the bank’s inaugural annual public lecture series on Wednesday in Abuja.

He explained that the loan aimed to foster production, ensure economic growth, and boost job creation. 

“About 140 manufacturing companies will receive loans of up to N1 billion at single-digit interest rates.

“The funds under this programme have been fully allocated to successful applicants across the six geopolitical zones of the country, and disbursements have commenced.

“For transparency, the programme is working with the Manufacturers Association of Nigeria (MAN) to ensure all beneficiaries are genuine manufacturers, providing additional validation of loan applicants.”

Olusi stated that by offering low-interest loans, BOI aims to boost production, enhance job creation, and promote sustainable growth in the manufacturing industry.

According to the BOI boss, the Bank has disbursed N77.65 billion in loans to almost 1,000 MSMEs across various sectors in the country.

He noted that these interventions align with the Federal Government’s efforts to alleviate poverty and enhance food security by supporting enterprises that drive economic growth and create jobs.

Olusi restated the inauguration of the BOI PriceSense NG platform, a price intelligence dashboard providing real-time data on price trends across Nigeria.

“The platform aims to stabilise markets, protect consumers, and inform policy decisions related to food insecurity.

“We are unveiling the BOI PriceSense NG, a price intelligence dashboard and mobile app for real-time monitoring of price variations of food commodities nationwide.

“These initiatives demonstrate our commitment to impactful research, innovative solutions, and transparency in all endeavours,” Olusi said.

Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, reaffirmed the government’s commitment to drive economic growth through MSMEs, pledging improved access to financing, innovation, and policy support.

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