The Senate on Wednesday passed a bill to repeal and re-enact the Customs and Excise Management Act 2004.
The passage of the bill followed the consideration of a report by the Committee on Customs, Excise and Tariffs.
Chairman of the Committee, Senator Francis Alimikhena (Edo North), in his presentation, said the bill amongst others, seeks to assist the Nigeria Customs Service administration in driving economic growth and trade facilitation.
He added that bill when signed into law would make the NCS a legal entity under the supervision of the Federal Ministry of Finance, Budget and National Planning with a Board to serve Nigerians and facilitate international trade.
According to him, the bill which has 283 clauses, also seeks to bring the Customs and Excise Management Act in line with modern-day Customs operations globally; and provide for the NCS a consolidated single legal reference document instead of multiple enactments.
The lawmaker noted that the piece of legislation also makes provision for the use of electronic documents, electronic payments and other information technology that are applicable to modern Customs Administration.
The bill after a clause-by-clause consideration by the Committee of the Whole was passed by the chamber.
YOU SHOULD NOT MISS THESE FROM NIGERIAN TRIBUNE
Revealed! Details Of South-West APC Leaders Meeting With Presidential Aspirants
MORE revelations have emerged about Friday’s meeting held by South-West leaders of the All Progressives Congress (APC) with aspirants from the zone, whose main objective, was on how to avert a crisis that will create a fractured party as it prepares for primary on May 30 and 31, Sunday Tribune has reliably gathered…
Senate passes bill to empower Customs to drive economic growth, facilitates trade
Supreme Court Has Cleared Civil Servants To Participate In Politics, Falana Tells FG
NIGERIAN workers are constitutionally-free to participate in politics, lawyer, Mr Femi Falana has said. He was responding to the warning from the central government to civil servants to stay off politics…
Battle For New Alaafin Begins As Ruling Houses Insist On Producing Next Oba
Senate passes bill to empower Customs to drive economic growth, facilitates trade
and then