NCS’s Financial Vigilance, Swift Seizure OF fake $10,000, and Legal Triumph Against Counterfeit Currency

Record-breaking Electronic Payment Transactions Surpass N600 Trillion in Nigeria

The Nigeria Customs Service (NCS) stands as a cornerstone in the economic landscape of Nigeria, playing a pivotal role in revenue collection. This encompasses a wide array of financial responsibilities, including import and excise duties, taxes, and levies. The rates for customs duties are determined by the Harmonized Commodity and Coding System (HS code) classifications, solely applied to imports. However, the NCS extends beyond fiscal duties, actively engaging in anti-smuggling activities. On the front lines, customs officers are instrumental in preventing smuggling and combating illegal trades in alcohol, tobacco, drugs, and endangered wildlife. Their multifaceted efforts significantly contribute to maintaining national security.

NCS Murtala Muhammed International Airport Command’s Recent Seizure

Under the leadership of the recently redeployed Customs Area Controller, Charles Orbih, the Nigeria Customs Service, Murtala Muhammed International Airport Command, made headlines with a significant seizure. The command demonstrated its commitment to anti-smuggling efforts by intercepting a substantial amount of counterfeit currency. The seized fake $10,000 was promptly handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation. The arrest of Ifeanachor Ugbor, a 41-year-old suspect en route to Brazil, underscores the vigilance and effectiveness of the NCS in enforcing financial laws.

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