Nigeria Customs launches electronic auction initiative

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The Nigeria Customs Service has launched an Electronic Auction initiative, which will increase the revenue generation and ports decongestion. Hammed Ali, the comptroller general of the Customs launched new initiative in Abuja Monday.Image result for Nigeria Customs auction

According to the Comptroller, the electronic auction bidding process will replace the manual process of auctioning cars with which was characterized by fraud and other vices.

Alu, S.R., deputy comptroller general in charge of tariff and trade, says Nigerians should expect a rise in its revenue profile as well as transparency in its operations.

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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