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Home International Customs

Customs requires N50m bond to licence vehicle terminal

byCT Report
24/04/2017
in International Customs, World Business
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ABUJA: The Nigeria Customs Service (NCS) has said it is ready to licence operators who have secured a N50 million bank bond to operate a vehicle terminal. The spokesman, Mr. Joseph Attah, in an interview yesterday said the service was ready to begin issuance of licence and that there were already positive responses from the public.

He said: “A lot of people have indicated interest and the process is on-going. NCS is ready for the issuance of licences to people who are interested; what it takes is for interested persons to acquire a big land, fence it and have Customs section within, a workstation with connectivity and computer system that can easily connect to the Customs server. “Such person will also be required to enter into a bank bond of N50 million. He will now apply through the Customs Area Comptroller of the command he wants to site the terminal to the Comptroller General,” he said about the process. The Daily Trust reports that Comptroller General of Customs (CGC), Col. Hameed Ali (Rtd) rolled out the policy after banning the importation of vehicles through the land borders in January this year.

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