Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    European Gas Prices Elevated on Supply Concerns

    October 27, 2026

    Market Index Soars as Nigerian Exchange Inches Near N165trn

    October 27, 2026

    Ripple Receives Final OCC Approval to Establish National Trust Bank

    October 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • European Gas Prices Elevated on Supply Concerns
    • Market Index Soars as Nigerian Exchange Inches Near N165trn
    • Ripple Receives Final OCC Approval to Establish National Trust Bank
    • GTBank Launches Google Pay for Secure Online Payments
    • UBA Seeks Jail Term for WEMPCO Directors in N61bn Loan Recovery Drive
    • Tinubu Seeks NASS Consent to Access $20.5bn, €1.4bn Loans
    • Nvidia’s $3bn Meta Bet Exposes Major AI Unknown
    • Big Bang: Over £1trn of Equity Capital Raised Since 1986 – LSE
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, October 27
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Customs Intercepts Contrabands Worth Over N900m

    Customs Intercepts Contrabands Worth Over N900m

    Marketforces AfricaBy Marketforces AfricaNovember 11, 2023 News No Comments2 Mins Read
    The Nigerian Ports Authority (NPA) has issued a stern warning against the illegal stripping of containers along the port access road.
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Customs Intercepts Contrabands Worth Over N900m

    The Nigeria Customs Services (NCS), the Western Marine Command (WMC), has thwarted smuggling activities and intercepted contrabands worth over N900 million from August to October.

    The Area Controller, Comptroller Odaudu Salefu, said this in a statement signed by the Public Relations Officer, Superintendent of Customs, Mailafiya Magaji, on Friday in Lagos.

    “In accordance with its primary mandate outlined in Section 4 of the NCS Act 2023, the WMC executed rigorous border enforcement and regulatory activities, resulting in the arrest and seizure of significant illegal goods,” Salefu said.

    He said officers and men of the WMC confiscated 17 sacks containing 1,199 loaves of Cannabis Sativa totalling 663.5kg in September and October.

    “These arrests were conducted along the Moba waterways and Sanki Beach axis on Aug. 31 and Oct. 4.

    “The WMC also apprehended 66,000 capsules of 225mg Tramadol and 1,257 sacks of foreign parboiled rice, collectively exceeding a duty paid value of N50 million.

    “In a related incident, the command seized 3,750 litres of Premium Motor Spirit during two separate arrests on October 27,” he said.

    He added that in August 2023, the WMC seized 103 sacks containing 8,240 loaves of Cannabis Sativa which was handed over to the National Drug Law Enforcement Agency on September 7.

    He noted that the cumulative value of the 10 seizures conducted by the WMC from August to October amounted to N923,794,000 only.

    Salefu urged the general public to respect and adhere to government fiscal policies, prohibitions, and restrictions.

    “These measures are in place to safeguard national security, foster economic growth, and contribute to the overall progress of Nigeria,” he said.  Nigeria Receives N14.38T from Extractive Sector in 2Yrs –NEITI

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    European Gas Prices Elevated on Supply Concerns

    Market Index Soars as Nigerian Exchange Inches Near N165trn

    Ripple Receives Final OCC Approval to Establish National Trust Bank

    GTBank Launches Google Pay for Secure Online Payments

    UBA Seeks Jail Term for WEMPCO Directors in N61bn Loan Recovery Drive

    Tinubu Seeks NASS Consent to Access $20.5bn, €1.4bn Loans

    Add A Comment

    Comments are closed.

    Editors Picks

    European Gas Prices Elevated on Supply Concerns

    October 27, 2026

    Market Index Soars as Nigerian Exchange Inches Near N165trn

    October 27, 2026

    Ripple Receives Final OCC Approval to Establish National Trust Bank

    October 27, 2026

    GTBank Launches Google Pay for Secure Online Payments

    October 27, 2026

    UBA Seeks Jail Term for WEMPCO Directors in N61bn Loan Recovery Drive

    October 27, 2026
    Latest Posts

    European Gas Prices Elevated on Supply Concerns

    October 27, 2026

    Market Index Soars as Nigerian Exchange Inches Near N165trn

    October 27, 2026

    Ripple Receives Final OCC Approval to Establish National Trust Bank

    October 27, 2026

    GTBank Launches Google Pay for Secure Online Payments

    October 27, 2026

    UBA Seeks Jail Term for WEMPCO Directors in N61bn Loan Recovery Drive

    October 27, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.