By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News Point247News Point247
Notification Show More
Latest News
NAGAFF
NAGAFF, APMT Resolve Dispute, Urge Freight Forwarders to Maximise Weekend Bookings
Business
Ogun
Ogun I Customs, Police Strengthen Partnership to Boost Border Trade, Security
Society
NCDMB
NCDMB, NUPRC, NMDPRA, Others Launch Joint Industry Capacity Audit to Promote Local Manufacturing
Oil & Gas
FANO
Fano Group Congratulates Customs CG on Tenure Extension, Re-election as WCO Council Chair
News
NAMA
NAMA Urges FG to Shield Local Auto Industry from Tariff Liberalisation
Transport
Aa
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Society
  • Features
  • Transport
  • International
  • Opinion Article
  • Photo News
Reading: Tin Can Customs Debunks N76m Extortion Claims by US Returnee
Share
Aa
News Point247News Point247
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Society
  • Features
  • Transport
  • International
  • Opinion Article
  • Photo News
Search
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Society
  • Features
  • Transport
  • International
  • Opinion Article
  • Photo News
Follow US
© News Point 247. All Rights Reserved | Site Developed by OutsourceNow.ng
News Point247 > News > Tin Can Customs Debunks N76m Extortion Claims by US Returnee
News

Tin Can Customs Debunks N76m Extortion Claims by US Returnee

Admin
Last updated: 2024/12/31 at 12:25 PM
2 years ago 3 Min Read
Share
3 Min Read
SHARE
  • The attention of the Nigeria Customs Service, Tincan Island Port Command, has been drawn to an online publication by a 70-year-old US returnee, Mr. Olukayode David-Albert, alleging frustration over the sum of ₦76 million purportedly demanded to clear his two vehicles and personal belongings.

 The Command considers it necessary to address these claims and provide the public with factual clarity regarding the situation.
    In a statement made available to Newspoint247 on Tuesday, December 31st by the Public Relations Officer, Ngozi Okwara , it reads:
“ In line with the ECOWAS Common External Tariff (CET) 2022–2026, Schedule 2 No. 8 (3), it is expressly stated that goods classified as “baggage” for Nigerian citizens who have resided outside Nigeria for at least nine months may be brought in duty-free.
 “However, this provision explicitly excludes vehicles or goods intended for sale, barter, or exchang”
   Consequently, while Mr. David-Albert is eligible to import his personal belongings duty-free, the two vehicles in his consignment are not exempted from duty payments. Specifically, the luxurious 2024 Hyundai SUV attracts an Import Duty rate of 20%, a levy of 20%, and a Value Added Tax (VAT) of 7.5%, in compliance with Nigeria’s customs regulations.
The Command determined the appropriate duty value for the two vehicles to be ₦34,969,374.00. This value is significantly less than the ₦53.5 million alleged as a “compromise” amount in the publication.
   It is disheartening that Mr. David-Albert has resorted to making unsubstantiated claims in the media rather than complying with established procedures.
The Command categorically states that at no point did any officer of the Tincan Island Port Command request for ₦76 million as alleged. If Mr. David-Albert has evidence of such misconduct, he is encouraged to come forward and identify the said officer for further necessary action.
   The Command further wishes to remind the public that one of the core roles of the Service is to facilitate the clearance of legitimate goods.
However, the onus remains on Mr David to meet the statutory requirements for duty payment. It is pertinent to note that similar regulations apply in advanced countries where Mr. David-Albert previously resided, and such behavior of attempting to circumvent due process would not be entertained there.
  The Nigeria Customs Service remains committed to upholding transparency, professionalism, and fairness in its operations. The Tincan Island Port Command will continue to enforce the law without fear or favor while supporting legitimate trade, May is it concluded.

You Might Also Like

Fano Group Congratulates Customs CG on Tenure Extension, Re-election as WCO Council Chair

Nigeria, Ghana Strengthen Maritime Ties with Strategic MoU

Customs, Afreximbank Strengthen Partnership to Advance AfCFTA Implementation

APFFLON Says Xenophobic Attacks Undermine AfCFTA, Hails FG’s Swift Evacuation of Nigerians

Ogun 1 Ag. Customs Controller,Afeni Condoles Ipokia Kingdom Over Monarch’s Passing

Share this Article
Facebook Twitter Email Print
Previous Article Polaris Bank Collaborates With Key Stakeholders to support 16,000 Students In Nigeria
Next Article Customs Area2 Command Onne Facilities Export of N 1.26tn Goods

Trending

NAGAFF
NAGAFF, APMT Resolve Dispute, Urge Freight Forwarders to Maximise Weekend Bookings
Business
Ogun
Ogun I Customs, Police Strengthen Partnership to Boost Border Trade, Security
Society
NCDMB
NCDMB, NUPRC, NMDPRA, Others Launch Joint Industry Capacity Audit to Promote Local Manufacturing
Oil & Gas
FANO
Fano Group Congratulates Customs CG on Tenure Extension, Re-election as WCO Council Chair
News
NAMA
NAMA Urges FG to Shield Local Auto Industry from Tariff Liberalisation
Transport
Nigeria
Nigeria, Ghana Strengthen Maritime Ties with Strategic MoU
News
Customs
Customs, Afreximbank Strengthen Partnership to Advance AfCFTA Implementation
Just In
APFFLON
APFFLON Says Xenophobic Attacks Undermine AfCFTA, Hails FG’s Swift Evacuation of Nigerians
News
Customs
Ogun 1 Ag. Customs Controller,Afeni Condoles Ipokia Kingdom Over Monarch’s Passing
Just In
News Point247News Point247

© News Point 247. All Rights Reserved | Site Developed by OutsourceNow.ng

  • Home
  • Privacy Policy
  • About Us

Removed from reading list

Undo
WhatsApp
Hello
Can we help you?
Open chat
Welcome Back!

Sign in to your account

Lost your password?