"Apply Now:" Nigeria Customs Begins Online Auction of Cars, Rice, Other Abandoned, Seized Goods

• The Nigeria Customs Service has launched a revamped e-auction portal for abandoned goods at the ports
• The Customs said the new portal would give Nigerians the opportunity to participate in the sale of seized and overtime items
• It stated that online auctioning opens every Tuesday at noon and closes at 6 pm, and winners receive confirmation emails

Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.

The Nigeria Customs Service (NCS) revealed on Friday, January 19, 2023, that it has resumed the electronic auctioning of abandoned and seized cars and other goods, including consignments in containers that have overstayed in the ports.

A statement by the Service's National Public Relations Officer, Abdullahi Maiwada, said the overhauled e-auction portal was unveiled on Tuesday, January 16, 2024.

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The new portal enhances transparency

Maiwada said the new e-auction portal would ensure transparent disposal of seized and overtime goods and give Nigerians equal opportunity to participate.

The Customs spokesman said the strategic move aligns with the Nigeria Customs Service Act 2023 guidelines and shows the agency's dedication to fairness and efficiency.

He asked successful bidders to promptly download winning certificates via the link in the confirmation email, saying that winners must present the certificate where the goods are kept, and the clearance process is expected to be completed in seven days.

Customs reveals bid time

BusinessDay reports that Maiwada stressed that the periodic auctions open every Tuesday from 12 noon to 6 pm, giving the public regular opportunities to select and bid for preferred items.

According to him, Customs will remain committed to openness, accessibility, and public engagement via the new portal to promote a fair and efficient process for the disposal of goods.

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The new platform, accessible at https://auction.nigeriatradehub.gov.ng,

Customs sets new revenue target after announcing new CBN exchange rate

Legit.ng reported that the Nigeria Customs Service (NCS) has set N1.13 trillion as a Tin-Can Island Port Command revenue target.

The Customs Area Controller of the Tin-Can Island Port Command, Dera Nnadi, disclosed this on Tuesday, January 16, 2024, and said the target allocated to the Tin-Can Island command makes up 27% of the national budget.

According to Nnadi, the revenue target was N801.5 billion, out of which it could collect N716.5 billion, representing 89% of its budget.

Source: Legit.ng