General
Customs Chief Says Revenue Service Bill Threatens Existence
By Adedapo Adesanya
The Comptroller General of the Nigeria Customs Service (NCS), Mr Adewale Adeniyi, says the proposed Nigeria Revenue Service Bill in the National Assembly threatens the existence of his agency.
He made his position known during the public hearing of the House of Representatives Committee on Finance on Wednesday.
The customs boss in his submission raised some jurisdictional conflicting issues on the proposed Nigeria Revenue Service Bill.
One of the recommendations in President Bola Tinubu’s controversial tax bills is the yet-to-be created Nigerian Revenue Service (NRS).
He said, “The Nigeria Revenue Service Establishment Bill 2024 Section 1 provides a legal framework for the administration of taxes and revenue under any law where Section 42 defines tax. So, this particular section subsumes everything that is provided under Section 3 and 4 of the NCS Act, 2023.
“We should encourage collaboration, and integration of operations between Customs and the tax authorities, not abolish Customs or repeal a law because we want to make another law.”
According to him, the NCS should not be subsumed within the tax system but allowed to work independently due to the nature of its responsibilities.
He also noted that, “Sections 23 and 29 of the bill, and section 41A of the Joint Revenue Bill have jurisdictional conflict issues.
“In the Nigerian Revenue Service Establishment Bill, Section 16 will completely legislate Nigeria Custom Service out of existence, if you pardon my words.
“In section 4S, there is also another omnibus provision. This particular provision gives the proposed NRS oversight functions over all taxes and levies.
“We are worried that this new law is seeking to override all previous laws that were done to address issues regarding the economy.”
He expressed worry about the use of words “tax” and “duties” interchangeably in the proposed laws.
“The substitution of the word ‘tax’, the substitution of the word ‘duty’ by ‘tax’ in very many areas of the bill seems to overlook the difference and the objective which these two tools can do in an economy.
“Our understanding is that tax is used to generate revenue for governments, and it’s also used to distribute wealth. However, duty goes beyond that.
“Duty is more of a fiscal policy tool, an instrument by governments to encourage industrialisation, to discourage environmental pollution, and to put in some kind of public health order,” he explained.
General
Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
General
ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
General
FG Declares Holidays for Christmas, New Year Celebrations
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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