By Gift ChapiOdekina, Abuja
The House of Representatives Committee on Finance has directed the Nigeria Customs Service (NCS) to provide a comprehensive breakdown of the estimated ₦34 trillion import duty waivers granted in 2025, including beneficiaries, approval details and the purposes for which the concessions were issued.
The directive was issued on Wednesday when the management of the Customs Service appeared before the committee as part of the National Assembly’s ongoing revenue monitoring and oversight exercise.
Chairman of the committee, Hon. James Abiodun Faleke, said lawmakers were not opposed to the government’s policy of granting waivers but insisted that such concessions must be transparent and yield the expected economic benefits.
He said the committee needed to know who benefited from the waivers and whether they achieved the objectives for which they were granted.
