Customs
House of Rep. directs CBN to suspend implementation of Customs e-invoice

The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the implementation of the import/export electronic invoice policy.
The apex bank was directed to adopt a 90-day timeline for the implementation of fiscal measures to avoid destabilising effects on the economy.
These resolutions followed a motion moved by Leke Abejide (ADC, Kogi), on Thursday.
The apex bank had announced the e-invoice for imports and exports in the country to commence on February 1.
According to the circular released by CBN, all import and export operations would require the submission of an electronic invoice authenticated by the authorised dealer banks on the Nigeria single-window portal – Trade Monitoring System.
The new policy seeks to strip away the use of paper and other outdated record-keeping and replace that with an electronic system with standardised format.
Mr Abejide, who is also the chairman of Committee on Customs and Excise, said the e-invoice policy of the CBN needs a certain level of sensitisation before full implementation of the policy.
“Sudden monetary/fiscal circular hurriedly or half-hazard implemented often leads to policy summersault, hence major policy change such as this,” the legislator said.
Mr Abejide said a grace period of 90 days is “usually expected for transactions to run its full course to avoid distortion in the economy and also to avoid price distortions of trade.”
He said the CBN has “gradually deviated” from its sole function of providing monetary policy measures to concentrating on fiscal policy measures which is the function of the federal ministry of finance.
He added that poor timing will “distort prices of goods and services and create logjams for imports and exports, delay transactions and consequently cause ports congestion”.
“Importers and exporters in the manufacturing, mining and trading sectors would be affected because as the exceptions indicate that all exporters and importers with a cumulative invoicing value equal to or above $500,000 or its equivalent in foreign currency would be affected which is practically impossible to have anyone below this value cumulatively,” Mr Abejide said.
The motion was passed when it was put to vote by the Speaker, Femi Gbajabiamila.
Customs
KLT Customs reaffirms commitment to stronger maritime stakeholder engagement

Gloria Odion, Maritime reporter
The Acting Customs Area Controller (CAC) of the Kirikiri Lighter Terminal (KLT) Area Command of the Nigeria Customs Service (NCS), Deputy Comptroller Bolaji Adigun, has reaffirmed the Command’s commitment to deepening engagement with stakeholders across the maritime industry in line with efforts to promote trade facilitation, transparency, and sustainable economic growth.
Adigun gave the assurance through the Deputy Comptroller in charge of Administration, Comptroller T.A. Jonah, who represented him during a courtesy visit by the newly elected Executive Committee of the Maritime Reporters Association of Nigeria (MARAN) to the Command in Lagos.
The Acting CAC, who was unavoidably absent, underscored the importance of sustained collaboration between the Nigeria Customs Service and key industry stakeholders, particularly the maritime media, in advancing the Service’s mandate and supporting national economic development.
He described the media as a critical partner in disseminating information on government policies, customs reforms, trade facilitation initiatives, revenue generation, and anti-smuggling operations.
According to him, maritime journalists occupy a strategic position in shaping public understanding and perception of activities within the port and maritime sector, stressing the need for professionalism, accuracy, and balanced reportage in the discharge of their duties.
Adigun further assured the MARAN delegation that the KLT Area Command would continue to operate an open-door policy while fostering cordial and productive relationships with stakeholders within the maritime community.
Earlier in his remarks, the President of MARAN, Mr. Oluyinka Onigbinde, stated that the visit formed part of the association’s ongoing stakeholder engagement initiative following the inauguration of its newly elected executive committee.
Onigbinde explained that the purpose of the visit was to formally introduce the new leadership of the association to the Command and strengthen the longstanding relationship between MARAN and the Nigeria Customs Service.
He commended the KLT Area Command for its contributions to trade facilitation, revenue generation, and enforcement activities, describing the Command as a vital component of Customs operations within Nigeria’s port system.
The MARAN President also reaffirmed the association’s commitment to professional, objective, and development-driven journalism, noting that maritime reporters play a significant role in promoting informed discourse on issues affecting the industry.
He further assured the Command of MARAN’s continued support for initiatives aimed at enhancing efficiency, transparency, and competitiveness within Nigeria’s maritime sector through responsible and factual reporting.
Customs
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Customs
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