Exposed: How vested interests hijacked Fed Govt s E-customs initiative thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
One of the legacies President Bola Ahmed Tinubu can leave behind after finishing his tenure as president of Nigeria is to have a Nigeria Customs’ Service (NCS) fully automated with efficient service delivery that aids trade facilitation.
Why Tinubu must show interest in E-Customs – Blueprint Newspapers Limited blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.
The Nigerian government has ratified the re-award of concession on the implementation of the Nigeria Customs Service Modernisation Project worth $3.1 billion to Messrs E. Customs HC Project Limited, a Chinese firm despite a restraining court order. The government previously awarded the project to Messrs Adani Mega Systems Limited/Webb Fontaine. The NCS Comptroller-General, Col. Hameed Ali (rtd) had explained that the NCS would generate a whopping revenue of $176 billion over the next 20 years through the implementation of e-Customs project.
Against any known law, the CG asked the President to approve that the project proceed under a Special Purpose Vehicle designated as Trade Modernisation Project Limited with the exclusion of Bionica Technologies, by implication overriding the approval granted by FEC in September 2022!