FEC okays N20.1b contract for Customs equipment

The Federal Executive Council (FEC) has approved the allocation of N20, 114, 002,871 for the purchase of operational equipment for the Nigerian Customs Service (NCS).

Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed disclosed this while addressing State House Correspondents after the week’s virtual FEC meeting, presided over by Vice President Yemi Osinbajo (SAN) in the Presidential Villa, Abuja.

The minister said that council also approved N539,277,673 for the construction of the Federal Inland Revenue Service (FIRS) building at the Ilupeju Medium and Small Taxpayers’ office.

On the contracts that were approved for Customs, the minister said 427 operational vehicles, worth N14.55 billion and nine assorted gunboats worth N5,564,002,871 were all approved.

“The ministry also presented, on behalf of the Nigerian Customs Service, a memo that was seeking for council’s approval for the design, construction and supply of two NC36M patrol boats, in favour of Messrs of Boat Plus Limited, in the sum of N5,062,530,400, inclusive of 7.5% VAT with a delivery period of 12 months and council approved our request.

“We also presented a memo, again on behalf of the Nigerian Customs Service, for the approval of council for the design, construction and supply of seven fast assault patrol boats and seven regular patrol boats, in favour of Messrs Siwa West Africa Limited, in the sum of N501,472,471.08, inclusive of 7.5% VAT, with a delivery period of eight weeks.

“We also presented, again on behalf of the Nigeria Customs Service, a request for council’s approval and council approved the procurement of 427 operational vehicles for the Nigerian Customs Service operations in favour of various contractors in the combined sum of N14.55 billion, inclusive of 7.5% VAT with a delivery period of four weeks,” she said.

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