The Comptroller-General of Customs, Bashir Adewale Adeniyi has said that the Nigeria Customs Service (NCS) lost N1.3 trillion to waivers and concessions the administration of former President Muhammadu Buhari granted to investors this year.
Adeniyi made this known while speaking on Wednesday at a public hearing organised by the Senate joint committee on the 2024–2026 Medium-Term Expenditure Framework and Fiscal Strategy at the National Assembly complex in Abuja, where he also said that the NCS was not privy to details of the controversial Customs $3.2 billion modernisation project (also known as e-Customs) approved by the Buhari administration in April
Represented by Deputy Comptroller General Mba Musa, the Customs chief said, “We are not privy to details of modernisation agreement of the Nigeria Customs modernisation project.”
Buhari completed his eight-year tenure on May 29.
