Senator Bukola Saraki, president of Senate, has said the promulgation of the Customs Service Management Act (Repeal and Re-Enactment) of 2016 aimed at reforming the administration and management of Nigeria’s current customs and excise regime. The new law replaces the Customs and Excise Management Act of 1979. Saraki added that the law will also see to managing Nigeria’s customs and excise systems in line with international best practices.
“The Customs Service Management Act of the Senate gives the re-established Customs Service the power to manage and enforce customs and excise laws and the inspection of goods, as well as bring it up to par with modern administration and management standards — in line with international best practices”, he said.
He further said, “in the past, excise duties were fixed without reference to the National Assembly. Now, all such changes will be backed by law, because a legislative framework that entrenches transparency and efficiency in our customs operations will be established.”