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Senate launches investigation into N1. 3 trillion lost to waivers, concessions under Buhari’s administration
“By now, we shouldn’t be talking about concession for cement manufacturers, we should not even be taking about sugar importation.
“We should not deny ourselves revenues that we should generate to make our economy vibrant.
The Senators inquired from the Customs CG, details of the agreement signed by the Federal Government on the Modernization of Nigeria Customs.
The Federal Executive Council (FEC) had in April 2022, approved the Nigeria Customs Service (NCS) modernisation project, also known as e-customs, despite a court order restraining the Federal Government from going on with the initiative.
The administration of ex-President Muhammadu Buhari specifically approved the implementation of the controversial Customs modernization project to a concessionaire.
The concessionaire is Bergman Securities Consultant and Suppliers Limited as the project sponsor, Africa Finance Corporation UFC as lead financier and Huawei Technologies will be trained as lead technical service provider.
However, stakeholders have criticized the project, saying it was tantamount to mortgaging the future of the service and also inimical to national security.
Speaking on the modernisation project before the Senate joint Panel, Mba told the lawmakers that the Nigeria Customs Service was not privy to details of the modernization agreement.
“We are not privy to details of the modernization agreement of the Nigeria Customs Modernisation Project,” Mba told the stunned federal lawmakers.
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