DAILY TRUST
There are strong indications that the nation may have incurred revenue losses of N135 billion duty to several concessions, exemptions and waivers that the federal government gave the Niger Delta Development Commission (NDDC) over a period of seven years.
This has also been a major encumbrance on customs administration in Nigeria.
This observation was made at the book launch by Kirikiri Lighter Terminal Customs Command in conjunction with Comptroller (Dr) Ben Nkem Oramalugo, at the weekend in Lagos.
In his remarks, the author of the newly launched book: “Customs Administration in Nigeria”, Compt. (Dr) Ben Oramalugo asserted that between 2004 and May 2010, NCS lost a total of 134,986,095,527.81 naira to NDDC as waivers…
