Parrot Reporters
No Result
View All Result
  • Home
  • Top Stories
  • News
  • Politics
  • Business
  • Economy
  • World News
  • Diaspora
  • Other Features
    • Crime
    • Entertainment
    • Tourism
    • Interviews
    • Editorials
    • Opinion
Parrot Reporters

Nigerian Customs New Concession Deal To Generate 176 Billion Dollars

Bello Akin by Bello Akin
June 1, 2022
0
Nigerian Customs New Concession Deal To Generate 176 Billion Dollars
Share on FacebookShare on TwitterShare on Whatsapp

The Nigeria Customs Service (NCS) revealed that the implementation of the newly signed e-customs project will generate $176 billion in 20 years.

This was disclosed by the Comptroller-General, retired Col. Hameed Ali, on Monday in Abuja during the signing of the e-Customs concession agreement between the NCS, Africa Finance Corporation (AFC), and China’s Huawei Technologies Limited.

 

Ali said, “The $3.2 billion e-Customs project is being financed by the Africa Finance Corporation (AFC) and managed by Huawei Technologies Limited under a 20-year concession window. When fully implemented, it would quadruple Customs revenue. The Nigeria Customs Service (NCS) revealed that the implementation of the e-customs project will generate $176 billion in 20 years.

He also revealed that the concession would alleviate the cost of doing business and boost productivity for the service.

–Bello Akinkunmi Yakub

More News...

FEDERAL MINISTRY OF YOUTH WITHDRAWS REGISTRATION CERTIFICATE OF NATIONAL YOUTH COUNCIL OF NIGERIA.

FEDERAL MINISTRY OF YOUTH WITHDRAWS REGISTRATION CERTIFICATE OF NATIONAL YOUTH COUNCIL OF NIGERIA.

President Tinubu Accepts Resignation of Science and Technology Minister, Geoffrey Nnaji

President Tinubu Accepts Resignation of Science and Technology Minister, Geoffrey Nnaji

BREAKING NEWS: Prof. Mahmood Yakubu Hands Over To May Agbamuche As Acting INEC Chair 

BREAKING NEWS: Prof. Mahmood Yakubu Hands Over To May Agbamuche As Acting INEC Chair 

State Police And New INEC Chair: President Tinubu To Preside Over Crucial Council Of State Meeting On Thursday

State Police And New INEC Chair: President Tinubu To Preside Over Crucial Council Of State Meeting On Thursday

CBN Unveils New Guidelines for Agent Banking (POS Operators), Caps Daily Transactions At ₦1.2 Million

CBN Unveils New Guidelines for Agent Banking (POS Operators), Caps Daily Transactions At ₦1.2 Million

Ondo State: Sleeping Giant On A Billion-Dollar Treasure

Ondo State: Sleeping Giant On A Billion-Dollar Treasure

Lagos Makes History As Africa Hosts First-Ever E1 Water Sports Grand Prix

Lagos Makes History As Africa Hosts First-Ever E1 Water Sports Grand Prix

Osun LGs: ‘Yes/No’ and the ‘Sit-at-home’ conundrum

Osun LGs: ‘Yes/No’ and the ‘Sit-at-home’ conundrum

About Us

Parrot Reporters is an independent and non-partisan news platform with special focus on Nigerians in Diaspora cum news within and outside the shore of Nigeria.


Our aim is to celebrate the exploits of Nigerians in diaspora particularly in Southern Africa and other parts of the world.

Categories

  • Business
  • Comic
  • Cover Stories
  • Crime
  • Economy
  • Editorials
  • Entertainment
  • Health
  • Interviews
  • Nigerians In Diaspora
  • Opinion
  • Other News
  • Politics
  • Sports
  • Tourism
  • Videos
  • World News

Follow Us

COPYRIGHT © Parrot Reporters
No Result
View All Result
  • Browse
    • Sports

© Parrot Reporters