The Nigeria Customs Service (NCS) has underscored the importance of improved regulatory compliance in driving excise trade in Nigeria.
Comptroller General of Customs, CGC Adewale Adeniyi made this known on Thursday, 31 October 2024, at the Nigerian Bottling Company (NBC) Regulatory Affairs Workshop (RAW) held in Lagos.
The CGC, ably represented by the Customs Area Controller of the Lagos Industrial Command, Comptroller Rebecca Chokor, expressed the Service’s commitment to educating traders on excise regulations, procedures, and their responsibilities to the NCS.
In a statement signed on Wednesday, 6 November 2024 by Juliana Tomo, Public Relations Officer of the Command, the Customs Chief emphasised the importance of the workshop saying, “it aimed at enhancing trade facilitation and revenue collection for the nation. Thus supporting legitimate traders, enhancing efficiency and promoting transparency.”
He encouraged NBC to adhere to established regulations, emphasising that compliance validates business operations.
The CGC informed that NCS is working towards creating a more efficient and transparent system that benefits both the government and the manufacturing sector.
Representatives from the NCS made presentations on modern trade facilitation tools, focusing on enhancing regulatory compliance at NBC.
Chief Superintendent of Customs (CSC) Lauretta Utubor delivered a lecture on the Advance Ruling System (ARS), while CSC Nnenna Awa presented data analytics related to Authorized Economic Operators (AEO).
The NBC and other RAW organisers expressed satisfaction with the collaborative efforts and the insights shared by the NCS, highlighting the potential for innovation in NBC’s operations.
NBC representatives affirmed that regulatory compliance remains central to the company’s operations, emphasising their commitment to integrity and the sustainability of their global brand.
