N34trn Waiver on Customs Duties, Breach of Fiscal Responsibility Act, Says CSJ

.Insists tax expenditure regime has been mismanaged, abused

Ndubuisi Francis in Abuja

The Centre for Social Justice (CSJ) has declared that the N34 trillion customs duties waiver granted yet-to-be identified beneficiaries in 2025 did not adhere to the procedure provided by the Fiscal Responsibility Act (FRA), insisting that the tax expenditure regime has been mismanaged and abused over the years.

In a statement issued by its Lead Director, Eze Onyekpere, the civil society organisation recalled the recent revelation by the Nigeria Customs Service (NCS), while appearing before the House of Representatives Committee on Finance that it implemented a waiver to the tune of N34 trillion worth of customs duties in the 2025 financial year.

During the session with the parliament, the NCS stated that in accordance with enabling laws, it does not approve waivers but implements the same on the authority of the Minister of Finance.