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Senate Clears Customs of ₦62.2BN Under-remittance Allegation

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BY JAMES OBIOMA—The Senate Public Accounts Committee (SPAC) has officially cleared the Nigeria Customs Service (NCS) of a N62.2 billion under-remittance allegation originally raised by the Office of the Auditor-General of the Federation in its 2019 audit report.

The clearance followed an investigative session on Tuesday, 16 June 2026, during which the Comptroller-General of Customs, Adewale Adeniyi, successfully defended the Service by proving that the alleged shortfall was a misclassification of revenue by auditors.

The original query, read by a representative of the Auditor-General under the direction of SPAC Chairman, Senator Ibrahim Dankwambo, had alleged that out of N691.242 billion generated by Customs in 2017, only N629.23 billion reached the Federation Account, leaving a balance of N62.2 billion.

Defending the Service’s financial integrity, CG Adeniyi explained that the multi-billion naira deficit was completely non-existent.

“The under-remittance of N62.2 billion levelled against Customs in the 2019 audit report was wrongly arrived at through misclassification of levies collected,” Adeniyi stated. “While most of the levies are to be collected and remitted into the federation account, others like the ones on local production of wheat, textiles and wines, etc do not go into the federation account, the totality of which accounted for the alleged unremitted N62.2 billion.”

Following identical, convincing clarifications on the first three major queries, a member of the committee, Senator Babangida Hussaini, wondered why the issues had not been ironed out sooner. He noted that as a former civil servant, such straightforward technicalities should have been resolved at the preliminary audit level rather than escalating to a full Senate investigation.

The post Senate Clears Customs of ₦62.2BN Under-remittance Allegation appeared first on Business Today NG.

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NAICOM Reaffirms Support for Takaful Growth ahead of Noor Takaful’s 10th Anniversary

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BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has restated its commitment to nurturing the growth of Takaful and micro insurance in Nigeria, positioning them as vital tools for financial inclusion.

The Commissioner for Insurance, Olusegun Ayo Omosehin, disclosed this today when the Board and Management of Noor Takaful led by the Chairman of the Company, Amb. Shuaibu Ahmad, visited  the commission.

Speaking during the visit, the Commissioner for Insurance commended the company’s progress and urged greater ambition in expanding market reach, driving product innovation, and raising public awareness.

As Noor Takaful approaches its 10th anniversary, the Commissioner encouraged the leadership to accelerate outreach and customer education, highlighting Takaful’s role in broadening access to protection for underserved communities.

Both institutions expressed optimism about strengthening collaboration to promote trust, innovation, and inclusive insurance for all Nigerians.

The post NAICOM Reaffirms Support for Takaful Growth ahead of Noor Takaful’s 10th Anniversary appeared first on Business Today NG.

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Aviation workers threaten nationwide protest over unpaid ticket sales charges

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Nigeria’s aviation workers have issued a fresh seven-day ultimatum to airline operators and other organisations that have failed to remit the statutory five per cent Ticket Sales Charge (TSC), warning that they will embark on nationwide picketing if the outstanding debts are not settled.

The notice, jointly issued by the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and the National Union of Air Transport Employees (NUATE), follows the expiration of an earlier 14-day ultimatum served on 8 July, which lapsed on 23 July without compliance from the affected operators.

The five per cent Ticket Sales Charge is a statutory levy imposed on every airline ticket sold in Nigeria. The proceeds are remitted to the Nigeria Civil Aviation Authority (NCAA) and shared among aviation agencies to fund regulatory oversight, safety, security and other statutory responsibilities.

The latest warning comes months after airline operators announced they would no longer collect and remit the five per cent Ticket Sales Charge on behalf of the NCAA, arguing that the arrangement had become unsustainable. PREMIUM TIMES reported at the time that the decision raised concerns over the funding of aviation agencies and the future administration of the statutory levy.

In a statement jointly signed by ATSSSAN General Secretary, Frances Akinjole, and NUATE Deputy General Secretary, Odinaka Igbokwe, the unions accused defaulting operators of failing to remit the charges despite repeated warnings.

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“Our earlier 14-day ultimatum has expired, and regrettably, willful non-compliance has been recorded,” the unions said.

According to them, the continued failure to remit the statutory deductions is depriving aviation agencies of funds required to carry out their responsibilities effectively.

“The aviation agencies remain starved of the required funds to keep our skies safe, while the conditions of service of our members in the various agencies continue to be jeopardised because of the non-remittance of the Ticket Sales Charge,” the statement added.

The unions argued that the prolonged withholding of the funds has weakened the financial capacity of the agencies and adversely affected workers’ welfare.

They warned that the situation could ultimately pose risks to aviation safety and security.

“This unnecessary demotivation factor to the air transport worker is a security and safety risk,” they said.

Declaring that they could no longer remain passive, the unions issued what they described as a final seven-day notice to all defaulting airline operators and other indebted organisations.

READ ALSO: NCAA threatens sanctions as Royal Air Maroc allegedly defies regulatory authority

“We can no longer helplessly fold our hands and allow the safety of our airspace to remain compromised,” the statement said.

It added: “We hereby issue a seven-day notice to every TSC defaulter to remit the total debt owed to the agencies. Failure to do so will result in our unions taking concrete actions at their various premises.”

If the dispute remains unresolved after the expiration of the ultimatum, the planned picketing could disrupt airline operations and other aviation activities nationwide, adding to recent operational challenges in the sector.
Neither the Airline Operators of Nigeria (AON) nor the NCAA had publicly responded to the unions’ latest ultimatum as of the time of filing this report.


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