Politics
Senate Wants Customs To Increase N5tr 2024 Revenue Target
The Senate, Monday, counselled the Nigeria Customs Service (NCS) to find ways of increasing its N5.079 trillion revenue target for 2024.
Chairman, Senate Committee on Customs, Isah Jibrin, gave the advice at a meeting with the agency’s Comptroller General, Adewale Adeniyi, and top management team in Abuja.
He said: “First of all, Nigeria is saddled with a lot of debt obligations and we need to wriggle ourselves out of that trap, and one of the ways to do that is internally generated revenue. Customs is one of the major providers of internally generated revenue, and as it is today, we expect them to play one of the major roles in this drive to reduce our debt burden.
“We need to pay off what we are owing now and minimise additional loans we are going to take. Customs is in a very good position; if they can block all perceived leakages, they should be able to generate a significant amount of income that will enable Nigeria to get out of debts, at least partially.”
On concessions given to some sectors of the economy, the Kogi East representative clarified that the incentives were for those into agriculture, solid minerals and others whose services have direct impact on the economy.
He continued: “If somebody is bringing agricultural equipment into the economy and you try to take something out of that person in a way of import duty, that will discourage the person and that is what we are saying. It is not that anybody took that money or Customs compromised in the course of their services.
“Concessions are in the interest of Nigeria to encourage importers to boost the economy. There is a trade off here between importers and the country, particularly the things you think you are generating.”
On the unemployment rate in Nigeria, which he described as “very high,” Jibrin observed: ”Customs is not the only employer of labour. They can only employ the number they believe they can adequately take care of, and we are putting them under pressure to exceed the 1,600 benchmark.
“We may not get beyond 2000, but for sure, we will get 1,600 and like we all know, there are so many unemployed Nigerians out there. I will always say it is difficult for the NCS to absorb all unemployed Nigerians, but they can only employ those they can.”
The NCS CG said his organisation was seeking approval to give waivers to owners of smuggled cars to allow them regularise their payment of duties.
On the naira exchange rate, Adeniyi said he is equally pained by the volatility in the exchange rate regime.
He observed: “In fact, even if it stays high and people can predict that this is what it will take me to clear, perhaps it is not particularly too bad, but when it is so volatile, today it is X, tomorrow it is X+10, X+20, it does not make for adequate planning and things like that.
“Correctly, it is the mandate of the Central Bank of Nigeria (CBN) to fix the rate, either the one we use during the Medium Term Expenditure Framework (MTEF) or the one we use for importation, or the one used for payment of customs duties. I have been in discussions with my minister. Perhaps, what you are going to advocate is that there would be a meeting point between authorities of government that oversee monetary policy and those in charge of fiscal policies.
“Personally, what I think we can do is to get a spot rate for a period. We can agree that for Year 2024, this will be the spot rate for payment of customs duties. We could say for the first half of the year.”
Meanwhile, the House of Representatives was scheduled to resume sectoral debates on the financial sector, yesterday.
Recall that the Speaker, Tajudeen Abbas, in his welcome address after the Christmas and New Year recess gave insight into the sectoral briefings with various Ministries, Departments and Agencies (MDAs).
He had said: “Honourable colleagues, as noted earlier, the state of the economy is also of grave concern to us, and we must contribute to promoting sustainable economic growth. Our agenda has identified concrete measures for economic restructuring, economic diversification and agricultural development.
“All committees are directed to streamline their activities towards the realisation of our strategic objectives. The Committee on Implementation of Legislative Agenda and the Committee on Monitoring and Evaluation of activities of standing and ad hoc committees should ensure that committees and their outputs are in line with the agenda of the House.
“In this regard, I am pleased to announce that House’s sectoral briefings with MDAs will resume immediately. Accordingly, we shall engage with MDAs and principal actors in the finance sector on Tuesday, February 6, 2024. This engagement will assess the nation’s readiness to mobilise the necessary financial resources for implementing the budget.”
Politics
Gov Alia Appoints TuFace As Adviser

Benue State Governor, Hyacinth Alia, has appointed Nigerian music legend, Innocent Idibia, popularly known as TuFace, as his Technical Adviser on Entertainment and Community Outreach.
In a viral video on Wednesday, Governor Alia praised TuFace for all the support towards his administration.
The Governor stated that TuFace can do more.
He stated, “On behalf of the Benue State Government and our very good people, we want to give you some more responsibility plus the ones you have been doing because you have the capacity to do some more and help us chart a way forward to improve other people’s lives and to gain more from your wisdom and advice as well.
“So, I’m pleased to announce that we will make you a Technical Adviser to the Governor on Entertainment and Community Outreach.”
Politics
Oborevwori, Okowa Dump PDP For APC

Governor of Delta State, Rt Hon Sheriff Oborevwori, has officially defected from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC).
The announcement was made following a closed-door meeting at the Government House in Asaba on Wednesday.
The Governor’s Chief Press Secretary, Sir Festus Ahon, confirmed the development in a telephone conversation with The Tide’s source.
Similarly, the defection of former Governor Ifeanyi Okowa was announced on Wednesday in Asaba by Senator James Manager, following a meeting that lasted over six hours at the Government House.
Senator Manager said all PDP members in the State, including the Governor, former Governor Okowa, the Speaker, the state party chairman, and all local government chairmen, had agreed to join the APC.
“We cannot continue to be in a sinking boat,” he said.
The decision to defect to the All Progressives Congress (APC) followed extensive consultations with political stakeholders and was made in the interest of Delta State’s long-term development.
Governor Oborevwori, who won the 2023 gubernatorial election on the platform of the Peoples Democratic Party (PDP), was received by senior APC officials in what political analysts are already describing as a strategic realignment with far-reaching implications ahead of the 2027 general elections.
Politics
Speakers Conference Tasks FG, Governors On Wanton Killings
The Conference of Speakers of State Legislatures of Nigeria has condemned the recent wave of killings in Plateau, Borno, Benue, Niger State and most recently, Kwara State, calling on the federal and state governments to take urgent steps to stem the tide.
Chairman, Conference of Speakers of State Legislatures of Nigeria, Adebo Ogundoyin, stated this in a statement issued in Ibadan, Oyo State.
Rt Hon. Ogundoyin, who is the Speaker of the Oyo State House of Assembly, said the gruesome killings had led to tragic loss of lives, widespread displacement, and unimaginable trauma for thousands of Nigerians.
“We are alarmed by the escalating insecurity in the land and the seeming helplessness with which these attacks are met. The time for mere condemnation and rhetoric has passed; urgent and coordinated action is now required at all levels of government to end these bloodbaths and restore peace and order.
“While we acknowledge that defence and national security fall within the exclusive jurisdiction of the Federal Government, we must stress that every level of government bears responsibility for the security and welfare of the people. State governors, in particular, must rise to the occasion and fully understand that governance is not limited to road construction and ceremonial functions. True governance is rooted in the protection of lives, the preservation of order, and the alleviation of suffering,” he said.
He called on state governments to complement the efforts of the Federal Government by making and enforcing enabling laws for community policing and other grassroots-driven security models.
According to him, States must develop proactive frameworks that integrate local intelligence, social support systems, and youth engagement in the fight against insecurity.
The conference also urged the Federal Government to meaningfully engage the citizenry and introduce bold, practical measures to cushion the hardship caused by its current economic policies.
“Millions of Nigerians are groaning under the weight of inflation, unemployment, and a cost-of-living crisis. It is imperative that relief initiatives—targeted, transparent, and impactful—are rolled out without delay. Dialogue, not distance, must define the relationship between the government and its people at this critical time.
“The Conference of Speakers affirms its commitment to supporting all legislative actions necessary to restore security, promote justice, and foster inclusive governance across the country. The killings in Benue, Niger, Plateau, Borno, Kwara, and any part of Nigeria must not be allowed to continue unchecked. Justice must prevail, and peace must be restored.
“Let it be known: the safety, dignity, and well-being of every Nigerian must remain the top priority of all arms and levels of government,” Rt Hon. Ogundoyin said.
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