Would you like to receive notifications on latest updates of the following headlines?

Customs Service Faces Criticism For Alleged Delay On Gas Import Duties

POSTED ON December 22, 2023 •   Business      BY Oluwakemi Ademuyiwa

The National President of the Nigeria Association of LPG Marketers, Oladapo Olatunbosun, has expressed strong criticism against the Nigeria Customs Service, accusing it of sluggishness in executing the presidential directive on zero import duties for gas items and imported Liquefied Petroleum Gas (LPG). Olatunbosun commended President Bola Ahmed Tinubu for issuing the directive approximately three weeks ago as a measure to curb the escalating prices of LPG.

Despite the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, sending out circulars instructing relevant agencies to act on the directive, Olatunbosun claims that the Nigeria Customs Service has shown reluctance in complying with the timely intervention.

In an interview with our correspondent on Thursday, Olatunbosun lamented the consequences of the alleged inaction. He highlighted that many members of the association are incurring demurrage on imported items at the ports due to the Customs Service's purported refusal to implement the presidential directive. This, he warns, will lead to increased costs for end-users, directly contradicting the intended goal of reducing LPG prices.

Olatunbosun expressed his disappointment, stating, "It is unfortunate that some people and agencies, particularly Nigeria Customs Service, have refused to implement the directive of President Bola Ahmed Tinubu on the waiver of import duty on gas items as well as imported gas, among others."

He continued, "The President has given out this directive, and the Minister of Finance, who is also the Coordinating Minister of the Economy, Mr. Wale Edun, has sent out a circular demanding the implementation of this directive yet Customs will still want to do things their own way."

The national president called on President Tinubu to intervene and ensure the Customs Service adheres to the directive, emphasizing the positive impact such a measure would have on driving down gas prices. In response, the National Public Relations Officer of the Nigeria Customs Service, Abdullahi Maiwada, clarified that the agency had received the directive on December 12 and had promptly sent out circulars to state commands for implementation by December 15. Maiwada denied any deliberate delay in carrying out the presidential directive.

READ ALSO
German eye Nigeria's mineral wealth as foreign direct investments surge
BY Abiodun Saheed Omodara April 3, 2025 0

Ongoing initiatives to draw in Foreign Direct Investments (FDIs) seem to be bearing fruit, as certai...

READ ALSO
FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...

READ ALSO
FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 2, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...

READ ALSO
Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 2, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...

READ ALSO
CBN's strategic policies lead to significant increase in Nigeria's Net FX reserves
BY Abiodun Saheed Omodara April 2, 2025 0

Nigeria's net foreign exchange reserves (NFER) stood at $23.11 billion at the conclusion of the prev...

READ ALSO
NSIA reports ₦3.74Trn profit, celebrating 12 years of continuous profitability
BY Abiodun Saheed Omodara April 1, 2025 0

ABUJA, Nigeria - THE Nigeria Sovereign Investment Authority (NSIA) reported generating approximately...

READ ALSO
Insurance leaders advocate for AfCFTA adoption to drive economic progress
BY Abiodun Saheed Omodara March 21, 2025 0

Stakeholders within the insurance sector have urged operators to capitalize on the African Continent...

READ ALSO
Nigeria's Debt Soars: To exceed N155 Trillion by 2025 amidst economic strain
BY Abiodun Saheed Omodara March 21, 2025 0

The United Nations Conference on Trade and Development (UNCTAD) has indicated that many countries, p...

OUR CHANNELS:

Ogun police respond to rising attacks at Sagamu interchange
BY Abiodun Saheed Omodara April 5, 2025 0

There are worries regarding the attacks and killings by hoodlums targeting commuters traveling to Ab...


Rwanda match takes precedence as Super Eagles eye world cup qualification
BY Abiodun Saheed Omodara April 5, 2025 0

Super Eagles Coach, Eric Chelle, has indicated that his team will place greater emphasis on the upco...


LASU celebrates 28th convocation with Over 11,000 graduates, honors distinguished Nigerians
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, Nigeria - Lagos State University (LASU) announced on Thursday that it will be graduating no l...


Federal high court orders forfeiture of $20,000 from traveler for customs violation
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, Nigeria - A Federal High Court in Lagos has mandated the forfeiture of $20,000 seized by the...


German eye Nigeria's mineral wealth as foreign direct investments surge
BY Abiodun Saheed Omodara April 5, 2025 0

Ongoing initiatives to draw in Foreign Direct Investments (FDIs) seem to be bearing fruit, as certai...


Lagos faces severe traffic chaos as Independence Bridge repairs begin after Sallah holiday
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, NIGERIA - Lagos residents faced a challenging situation yesterday as they returned to work fo...


FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...


U.S. shows highest anxiety over AI Job loss amidst technological advancements
BY Abiodun Saheed Omodara April 3, 2025 0

Despite its advanced status, research indicates that the United States of America (USA) has the high...


Bayelsa communities threaten to halt oil production over security contract dispute
BY Abiodun Saheed Omodara April 3, 2025 0

BAYELSA, Nigeria - Nigeria’s struggling oil output may be on the brink of another crisis as co...


NITDA Partners Afrovision technologies to bridge job gap for Nigeria’s Tech Talent
BY Abiodun Saheed Omodara April 3, 2025 0

In an effort to tackle the ongoing challenge of job placement for Nigeria’s expanding tech tal...


More Articles

Load more...

Menu