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Customs Introduces 30-Day Clearance Deadline For Imported Goods

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In a statement issued by the NCS National Public Relations Officer, Abdullahi Maiwada (AC), in Abuja, it was revealed that an additional 30-day clearance period could be granted with the approval of the relevant Area Controller.

The statement further noted that importers would have a final 90-day window to clear their goods upon approval from an Assistant Comptroller General or Zonal Coordinator. Beyond this period, uncleared goods would be subject to disposal proceedings.

According to the NCS, the new guidelines aim to address port congestion, improve clearance processes, and reduce disputes associated with overtime cargo.

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The statement reads in part: “The Nigeria Customs Service (NCS) will commence implementation of new guidelines regulating the dwelling time for import and export consignments at port terminals, reflecting its commitment to trade facilitation in line with the Federal Government’s Ease of Doing Business initiatives.”

Citing the Nigeria Customs Service Act (NCSA) 2023, the agency emphasized the mandate requiring imported consignments to be cleared within 30 days from the completion of discharge by the importing carrier, as stipulated in Section 30(1) of the Act.

30-Day Initial Clearance Period: Importers have 30 days from the date of cargo arrival to clear goods without overtime penalties.

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Additional 30 Days: Upon application and approval from the Customs Area Controller, importers may receive an extra 30 days.

Final 90-Day Window: Approval from the Assistant Comptroller General or Zonal Coordinator is required for clearance beyond 60 days but within 90 days.

Disposal of Uncleared Cargo: Goods left uncleared beyond 90 days will be subject to disposal proceedings.

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The statement also highlighted that the NCS retains the right to initiate the disposal process if necessary, after the initial 30-day period, in accordance with NCSA 2023 guidelines.

The Comptroller General of Customs, Bashir Adewale Adeniyi, reaffirmed the agency’s commitment to transparent and efficient cargo clearance processes. He urged stakeholders to comply with the new regulations to avoid delays and facilitate seamless trade operations.

 

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

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Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

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READ ALSO:South Africa To Investigate ‘Mystery’ Of Planeload Of Palestinians

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

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When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

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We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

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DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.

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IGP Orders Officers Display Name Tag On Uniform, Gives Update On State Police

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The Inspector General of Police, IGP, Tunji Disu, has ordered all police personnel to always have their name tags on their uniforms for easy identification.

Disu disclosed that only police personnel who are undercover are exempted from displaying their name tags.

Speaking on Tuesday, Disu said: “All police officers should have their name tags. All of us on the high table have our names apart from the undercover among us so if you look at all the Commissioners of Police we have our name tags, so it’s not our standard.

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All the Commissioners of Police are here and that is why we called this meeting, we have list of things like this that we will want to discuss with the Commissioners of Police, we have told them earlier and we will still let them know that every that happens within their area of jurisdiction falls under their control.”

On the issue of state police, the IGP said: “Since we got the signal that the Federal Government of Nigeria intend to establish State Police and since we are the federal police, we decided to take the bull by the horn and put down our own side of what we believe on how the state police should be run.

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“A lot of things were taken into consideration, a lot of comparative analysis was done and it has been transmitted to the National Assembly.”

 

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