How New Customs Act Will Boost Revenue, Promote Trade, Tackle Smuggling, by Wale Adeniyi
Adeniyi
By Our Reporter
The Acting Comptroller General, Mr. Adewale Adeniyi on Monday said the new Nigeria Customs Act (NCSA 2023) will boost revenue, promote trade facilitation and tackle smuggling.
Adeniyi who spoke on the occasion of the sensitisation workshop on NCSA 2023 said the new law has replaced the 63 year old law which according to him was obsolete and has not helped customs growth and development.
He said that under the new legal regime the Service has been statutorily empowered to administer and enforce the provisions of the Act, collect and account for revenue from Customs and Excise among others.
Adeniyi also added that the new law will help in promoting trade facilitation, “prevent smuggling activities and carryout border enforcement, do such other things as are necessary for or incidental to the performance of the function and duties of the Service under the Act.
He continued, “Previous legislation didn’t provide sufficient punitive measures. Some fines were written in pennies and criminals knew infractions attracted just a pat on the wrist. But this has changed now.
“We are equally appreciative of the urgent need to sensitise the public on the provisions of this law to prevent the excuse of ignorance of the law, which is not a defence. The Service will continue to sensitise and educate the public on the provisions of the law and Customs procedure and processes”.
The Acting Comptroller General, Mr. Adewale Adeniyi on Monday said the new Nigeria Customs Act (NCSA 2023) will boost revenue, promote trade facilitation and tackle smuggling.
Adeniyi who spoke on the occasion of the sensitisation workshop on NCSA 2023 said the new law has replaced the 63 year old law which according to him was obsolete and has not helped customs growth and development.
He said that under the new legal regime the Service has been statutorily empowered to administer and enforce the provisions of the Act, collect and account for revenue from Customs and Excise among others.
Adeniyi also added that the new law will help in promoting trade facilitation, “prevent smuggling activities and carryout border enforcement, do such other things as are necessary for or incidental to the performance of the function and duties of the Service under the Act.
He continued, “Previous legislation didn’t provide sufficient punitive measures. Some fines were written in pennies and criminals knew infractions attracted just a pat on the wrist. But this has changed now.
“We are equally appreciative of the urgent need to sensitise the public on the provisions of this law to prevent the excuse of ignorance of the law, which is not a defence. The Service will continue to sensitise and educate the public on the provisions of the law and Customs procedure and processes”.
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