Connect with us
Nigeria Customs Service Nigeria Customs Service

General

FEC Approves N20.1bn to Equip Customs

Published

on

By Adedapo Adesanya

The Federal Executive Council (FEC) has approved a total of N20.1 billion for the procurement of various operating equipment for the Nigerian Customs Service (NCS).

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, disclosed this on Wednesday to State House Correspondents at the end of the weekly FEC meeting held at the Presidential Villa in Abuja and presided over by Vice President Yemi Osinbajo.

The council also approved N539.3 million for the construction of the Federal Inland Revenue Service (FIRS) building at the Ilupeju Medium and Small Taxpayers’ office, according to the Minister.

The Minister further said that a total of 427 operating vehicles worth N14.55 billion and nine assorted gunboats worth N5.6 billion were all approved for Customs contracts.

“The ministry also presented, on behalf of the Nigerian Customs Service, a memo that was seeking for Council’s approval for the design, construction and supply of two NC36M patrol boats, in favour of Messrs of Boat Plus Limited, in the sum of N5,062,530,400, inclusive of 7.5 per cent Value Added Tax (VAT) with a delivery period of 12 months and council approved our request.

“We also presented a memo, again on behalf of the Nigerian Customs Service, for the approval of council for the design, construction and supply of seven fast assault patrol boats and seven regular patrol boats, in favour of Messrs Siwa West Africa Limited, in the sum of N501,472,471.08, inclusive of 7.5 per cent VAT with a delivery period of eight weeks.

“The purpose of the purchase of these two types of patrol boats is to enhance the efficiency and effectiveness of operations of the Nigerian Customs Service in its bid to control smuggling and also ensure enhanced efficiency in all customs duty operations in the Marine Unit of the Nigerian Customs Service.

“We also presented, again on behalf of the Nigeria Customs Service, a request for Council’s approval and council approved the procurement of 427 operational vehicles for the Nigerian Customs Service operations in favour of various contractors in the combined sum of N14.55 billion, inclusive of 7.5 per cent VAT with a delivery period of four weeks,” she said.

On his part, the Minister of Information and Culture, Mr Lai Mohammed, speaking on behalf of Minister of State for Education, Mr Emeka Nwajiuba, also revealed that council approved a project for the extension of the University of Ibadan’s library worth N532 million.

“The Minister of Education also presented a memo for the award of contract for the construction and furnishing of the extension of the library of the University of Ibadan. The memo, which was approved, is at the cost of N532,609,000 and with a completion period of 48 weeks.

“It was a memo that was very well received because of the need to actually extend the library facility in the University. For many years, the library of the University of Ibadan had needed real extension, given a surge of the student population,” he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Click to comment

Leave a Reply

The blockchain brings new financing options to the business market. For example, Bitcoin Cash casino has adapted to only using cryptocurrency. This way, it makes it easier for their customers to deposit and withdraw in a BCH casino. Entrepreneurs have taken note of this and are looking to invest more in crypto than in fiat markets.

Like Our Facebook Page

Latest News on Business Post

Trending

%d bloggers like this: