Four agents forged my signature to clear vehicles - Customs controller – Newstrends
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Four agents forged my signature to clear vehicles – Customs controller

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Area Controller at the TinCan Island Command of the Nigeria Customs Service (NCS), Adekunle Oloyede, has accused four clearing agents of forging his signature to clear imported vehicles.

He stated this while briefing journalists on the half-year report of the command, adding that the agents wanted to clear four trucks and some cars.

He said the agents were arrested and would be prosecuted even though they had been granted administrative bail.

Oloyede said, “We discovered an incident of forgery of the signature of the area controller, which is why you have this here. The standard procedure for the clearance of non-standard vehicles identification number is that the CAC must approve the use of that particular code. So, their papers were still on my table but they went ahead to forge my signature on another application.

“They were trying to escape and get out of the terminal. The officers that were supposed to release the goods were vigilant enough because I sent to all the terminals a sample of my signature. So, these four trucks belong to four different people and they actually forged my signature. They were apprehended and locked up for some time, but for the sake of human rights, they are on administrative bail for now. But as we go ahead, definitely, we are going to prosecute them.”

He, however, said the command had strengthened the risk management structure to drastically reduce the consistent attempts by some non-complaint agents to abuse the process through acts of commercial fraud.

He said, “At the command level, we faced challenges at the early stages of the deployment due to the degrees of understanding of the process, most especially on the part of stakeholders.

“Nevertheless, we have been able to overcome them as we put into force Article 2 of the trade facilitation agreement through continuous engagement and consultations with the relevant stakeholders which led to updates and upgrades of the service to address some of these challenges.”

He added that there was an increase in export activities within this period.

Oloyede said between January and June 2022, the command collected a total sum of N274. 320bn a figure which he said represented a 27.50 percent increase from what the command collected within the same period in 2021.

According to him, the command recorded an outward throughput in export cargo of 138, 245.50 metric tons, representing an increase by 73 percent from 100, 500 recorded in 2022.

“With a ‘free on board’ of N100 447, 304, 814.00 this represents an increase of 69percent from N66, 294, 630,421.00 recorded in the fiscal year of 2022,” he concluded.

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Yuletide: Chisco deploys new luxury, mini buses, top quality services

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Yuletide: Chisco deploys new luxury, mini buses, top quality services

…hails Tinubu for 50% fare rebate

Nigeria’s Transport Company of the Year, Chisco Transport Ltd, has deployed in various routes nationwide its newly procured new luxury and mini buses with the latest innovative features in the industry.

It assured the travelling public of safe and top quality services on all its routes this Christmas/New Year season, and beyond.

It stated this in a statement released on Tuesday, adding that the company, which had been one of the country’s front runners in long distance passenger transportation and logistics for over 45 years, recently inaugurated about four new branches in order to bring its services closer to its teeming customers.

It listed some of the new branches that had helped to boost service delivery this Yuletide season as in Awka, Enugu, and on Okota Road (near Cele Bus Stop on Oshodi-Apapa expressway), Lagos.

It stated, “This is in addition to embarking on a comprehensive maintenance of the existing fleet of buses in order to ensure they are in roadworthy shape for trips across Nigeria and the Lagos-Cotonou-Lome-Accra international route.

“Apart from advanced safety features like real-time GPS tracking and efficient safety systems, the new-look Chisco Transport fleet, featuring state-of-the-art buses, has all it takes to guarantee that passengers travel in style with their comfort and safety prioritised this season.”

It stated that the updated fleet had enhanced the popular Chisco 24 to 48-hour nationwide mail and parcel services.

All these, the leading transport solutions and logistics provider said, are part of deliberate efforts to ensure seamless and comfortable bus and logistic services to the customers during the 2024 Yuletide season and thereafter.

Chisco’s Head of Business Operations, Mr Buchi Ochuba, in the statement explained that the same commitment to ensuring safe and comfortable trips out of major cities and towns before Christmas, would also be deployed to return journeys in the new year.

He said that the management was aware that the huge investments the company had been making towards upscaling its services recently earned it the Transport Company of the Year at the recent Nigeria Auto Journalists Association (NAJA) Awards in Lagos.

Ochuba reiterated Chisco Transport’s resolve to sustain the high standards that earned the company an enviable reputation, as well as continue investments in safety and comfort of travellers that have earned it the confidence of the travelling public and the auto journalists’ award.

“We appreciate the fact that in adjudging Chisco Transport the Transport Company of the Year, NAJA must have taken into consideration the high standards of our services, the over 50 new air-conditioned buses we procured recently, the new branches we inaugurated, our customer reward scheme and other investments we made to enhance passenger transportation and logistics,” Ochuba stated.

According to him, everything is in place to make certain that the teeming Chisco Transport customers all over Nigeria and on the international route enjoy top quality services, adding “We wish them a wonderful Christmas and a highly prosperous 2025.”

Chisco Transport also applauded President Bola Tinubu for the gesture of subsidising inter-state luxury bus transport fares by 50 percent this Christmas season.

Drawing attention to the importance of infrastructure to the road transportation business, the statement further commended the President for the appreciable allocations for the sector in the 2025 budget.

“We, therefore, wish to urge members of his cabinet to put in more deliberate efforts to help the President attain his vision with speedy and prudent execution inspired by patriotism.”

On the current sharp increase in fares across the routes, the award-winning transport company blamed the situation on rising costs of maintaining the buses, as well as on the high pump prices of diesel and petrol.

The Head of Operations, however, added that at the peak of every Christmas season, long distance buses are almost empty during return trips, which leads to a situation whereby the fares for the first journeys are raised to cushion the losses incurred during reverse trips.

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Naira exchanges N1,650/$ in parallel market

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Naira exchanges N1,650/$ in parallel market

Yesterday, the Naira appreciated N1,650 per dollar in the parallel market, compared to N1,655 on Monday.

Similarly, the Naira appreciated to N1,535 per dollar in the official foreign exchange market.

Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the Nigerian Foreign Exchange Market (NFEM) fell to N1,535 per dollar from N1,537 per dollar on Monday, indicating N2 appreciation for the naira.

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Consequently, the margin between the parallel market and NFEM rate narrowed to N115 per dollar from N118 per dollar on Monday.

 

Naira exchanges N1,650/$ in parallel market

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Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

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Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

The exchange rate between the naira and the dollar ended the year at N1,535/$1 representing a 40.9% depreciation for 2024.

The official exchange rate between the naira and dollar closed in 2023 at N907.11/$1 thus depreciating by 40.9% for the year which compares to a 49.1% devaluation at the end of 2023.

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Nigeria introduced several foreign exchange policies in 2024 as the central bank expanded on market-friendly forex policies to attract foreign investors.

Meanwhile, on the parallel market where the exchange rate is sold unofficially, the naira exchanged for N1,660 to the dollar when compared to N1,215/$ according to Nairametrics tracking records. This represents a 26.8% depreciation.

 

Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

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