The Nigerian Mining and Geosciences Society (NMGS) has called for stronger collaboration with the Nigeria Customs Service (NCS) to address the rising threat of illegal smuggling of natural resources, which is causing significant revenue loss and depletion of critical raw materials.
The NMGS president, Professor Akinade Olatunji, who stated this during a visit to the NCS headquarters in Abuja at the weekend, stressed the urgent need to strengthen the capacity of Customs officers to identify and safeguard natural resources.
“We are aware of the vast quantities of resources leaving the country illegally. These finite assets must be protected. Collaborating with agencies at the exit points will ensure proper documentation, revenue remittance and duty payments,” Olatunji stated.
The Comptroller-General of Customs, Adewale Adeniyi, acknowledged the expertise of NMGS and highlighted opportunities for collaboration. He pledged to prioritise officer training and joint efforts to curb the smuggling of raw materials.
“Illicitly smuggled resources flow out of the country without proper checks. Through rigorous monitoring and accurate documentation, we can close gaps in export taxation, track resource destinations and ensure appropriate revenue is generated,” Adeniyi said.
Both parties pledged to work together in safeguarding Nigeria’s natural resources and boosting economic growth.
Kindly share this story
