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Nigerian Customs Blacklists GTB, Fidelity, Diamond Banks

by on July 28, 2015
 

The Nigeria Customs Service (NCS) has suspended three commercial banks from collecting customs duties over their non-compliance with the partnership agreement with the agency on the matter.

The Public Relations Officer of Nigeria Customs Service, Mr Wale Adeniyi, made the fact known in an interview with the News Agency of Nigeria (NAN) in Abuja on Monday.

He said the suspension became effective immediately.

Adeniyi named the banks as GT Bank Plc, Fidelity Bank Plc and Diamond Bank Plc and called on relevant stakeholders to take note of the new development.

“The three banks were suspended because they did not discharge their full obligation as partners in the customs revenue collection scheme.

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“Unfortunately, they failed to discharge their responsibilities in accordance with the terms of the agreement they signed with Nigeria Customs Service.

“We might not be able to provide you with the details now but we believe that, in the course of our investigations, we will be able to provide more details.

“However, we will continue to work with the banks and relevant stakeholders to ensure speedy resolution of the contending issues and possibly reinstate the affected banks,’’ Adeniyi said.

NAN

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  • Pst Larry Hover
    July 28, 2015 at 12:24 pm

    My brothers/Sisiters…A customs duty is a tariff or tax on the importation (usually) or exportation (unusually) of goods. Commercial goods not yet cleared through customs are held in a customs area, often called a bonded store, until processed. Dont be scared about the money you have lodged in your bank. Thank you @btbbeakingtimes for the Hint. God bless Nigerians.

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