Connect with us

Business

Tinubu Flags Off N73bn Customs Project in Ogun

lamaqgodoz

Published

on

Tinubui 1140x570

President Bola Ahmed Tinubu has commissioned a N73 billion Nigeria Customs Service (NCS) operational complex in Iperu, Ogun State, in a move aimed at strengthening trade facilitation, enforcement, and revenue generation.

The facility, located in Ijebu North Local Government Area, will serve as the new base for the Federal Operations Unit (FOU) Zone ‘A’. It spans 142 buildings across a 100-hectare site and is designed to deliver international-standard capacity for customs operations, particularly within Lagos and the wider South-West corridor.

Speaking at the inauguration, Comptroller-General of Customs, Bashir Adeniyi said the complex would significantly enhance operational efficiency, improve officers’ welfare, and strengthen enforcement capabilities. He noted that the expansion is expected to support growing trade volumes while improving compliance and monitoring systems.

Adeniyi disclosed that the project is currently about 45 per cent complete and appealed for a review of aspects of the initial approval to ensure full completion within the current administration’s tenure.

He explained that all FOU operations in Lagos would eventually relocate to Iperu, citing the limitations of the long-standing Ikeja command and the need for a more strategic and spacious operational environment.

The new complex is expected to centralise enforcement and logistics operations across land, sea, and air channels. It will also house a customs training college, warehouse facilities, and other supporting infrastructure to strengthen institutional capacity.

According to Adeniyi, customs officers have already been deployed to the Ogun airport to manage cargo operations following recent federal approvals.

He commended Ogun State Governor, Dapo Abiodun, for providing land for the project, and acknowledged former Comptroller-General Ahmed Alli for initiating the development.

Background

The commissioning comes amid rising revenue performance by the Nigeria Customs Service. Data shows that the Ogun II Area Command generated over N15 billion between January and April 2025, marking a 40 per cent increase from the N9 billion recorded in the same period of 2024.

At the national level, the NCS recorded N1.75 trillion in revenue in the first quarter of 2025, exceeding its target of N1.645 trillion by N106.5 billion. This represents a 29.96 per cent increase compared to N1.35 trillion recorded in Q1 2024.

A breakdown of the figures shows that January 2025 revenue stood at N647.88 billion, surpassing its target by 18.12 per cent and posting a 65.77 per cent year-on-year increase. February collections reached N540.11 billion, exceeding projections and recording a 19.97 per cent increase compared to the same period in 2024.

The development underscores ongoing efforts by the Federal Government to decentralise key operations and strengthen trade infrastructure outside congested urban centres.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

NCC Moves to Roll Out Affordable Smartphones in Nigeria

info

Published

on

By

IMG 2059.jpeg

MATINS IBE(Abuja) —The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has announced the Commission’s intention to make low-cost smartphones available in the market.

He explained that the initiative is designed to ensure wider access to mobile devices for Nigerians at more affordable rates.

He made this known recently during a media briefing with journalists in Abuja, stating, “We are exploring ways to bring less expensive smartphones into circulation.”

He also noted that despite the push for affordability, there is a clear shift in usage trends, with more people adopting 4G technology while gradually moving away from 3G and 2G devices.

“From available data, we are observing a steady transition to 4G connectivity. Currently, over 52 percent of users are on 4G networks,” he added.

He also  commended media coverage of the telecommunications sector, describing it as instrumental in supporting the Commission’s work.

According to him, press reporting has helped in policy execution, keeping the public informed about developments, and ensuring regulatory accountability.

The post NCC Moves to Roll Out Affordable Smartphones in Nigeria appeared first on Business Today NG.

Continue Reading

Business

NCC to Deploy External Auditors to Verify Operator Compliance on Customer Compensation

info

Published

on

By

IMG 0662.jpeg

BY OR REPORTER —In a move aimed at tightening regulatory oversight and improving service delivery standards, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has announced plans to deploy independent audit professionals to assess whether telecom operators are adhering to consumer protection directives, particularly on compensation for poor-quality service.

Maida disclosed this during the first media engagement session of 2026 held in Abuja on Friday, explaining that the initiative is designed to ensure full enforcement of recent rules requiring operators to compensate users affected by substandard voice and data performance.

According to him, “We will be bringing in external verification experts to confirm that service providers are complying with the established guidelines.”

He further revealed a significant decline in customer complaints relating to network quality, noting that figures dropped from 351,000 to 75,000 following the 2025 tariff review.

Maida encouraged subscribers to make use of the NCC’s dedicated toll-free channels—300 and 622—to report service challenges, while also directing them to the Commission’s online portal for guidance on common service-related issues.

He emphasized that regulatory actions are grounded in openness and accountability, stating that operators have already been issued clear policy instructions to guide compliance.

On infrastructure protection, Maida noted that cooperation with the Office of the National Security Adviser (ONSA) is yielding positive outcomes, with a noticeable reduction in fiber optic cable damage at construction zones across the country.

He also confirmed ongoing expansion of fifth-generation (5G) network infrastructure in major cities, alongside efforts to optimize unused spectrum resources. In addition, he said a comprehensive review of the National Telecommunications Policy is currently underway.

While acknowledging that sector performance still falls short of expectations, he stressed that steady progress is being made.

Other ongoing initiatives include resolution of outstanding USSD-related debts, implementation of a 24-month compliance timeline for new corporate governance standards for operators, and collaboration with the Central Bank of Nigeria (CBN) to advance digital financial access while curbing electronic fraud.

On handset pricing, Maida stated that regulatory decisions take global market dynamics into account, including coordination with manufacturers to ensure fair consumer pricing.

Addressing concerns over harmful online content, he said the Commission is working with relevant government agencies to develop appropriate intervention mechanisms.

Earlier, the Head of Public Affairs at NCC, Mrs. Nnenna Ukoha, described the forum as part of sustained stakeholder engagement efforts aimed at strengthening resilience and long-term stability in the telecommunications industry, adding that it provides a platform for dialogue, knowledge sharing, and media partnership.

Executive Commissioner for Stakeholder Management, Rimini Makama, also praised media practitioners for accurate reporting and for maintaining oversight of regulatory activities.

The post NCC to Deploy External Auditors to Verify Operator Compliance on Customer Compensation appeared first on Business Today NG.

Continue Reading

Trending