Abuja - Beneficiaries of Nigeria Customs Service’s duty payment concessions who have failed to honour their obligations have until one week to pay all their outstanding duties or risk having their names published in newspapers.
If after the expiration of the seven days grace, the bank bonds which the companies used to secure the transactions, will be converted to duty payments by the service, reports Peoples Daily.
Dikko Inde Abdullahi, Comptroller-General of Customs noted that the service can no longer tolerate the abuse of this privilege by the defaulting firms.
To stem the trend of non- payment by beneficiaries of duty payment concessions , he said the service will henceforth publish the list of companies who default in honouring their obligations.
Read more at Peoples Daily.
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