Close Menu
Chronicle NG
    Trending Stories
    Natasha Akpoti poised to return as Senate suspension ends

    Natasha urges aggrieved PDP factions to reconcile

    May 1, 2026
    2027: Faleke picks presidential forms for Tinubu

    Tinubu to depart Abuja for summits in France, Kenya, Rwanda

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    City Boy Movement suspends Tejuosho over EFCC fraud probe

    May 1, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Natasha urges aggrieved PDP factions to reconcile
    • Tinubu to depart Abuja for summits in France, Kenya, Rwanda
    • City Boy Movement suspends Tejuosho over EFCC fraud probe
    • EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam
    • Lagos: Sanwo-Olu approves N50,000 wage award for workers
    • Atiku condemns Remi Tinubu’s N1.2bn rice palliative for North
    • Akpabio applauds workers, promises living wage
    • Atiku criticizes Tinubu’s govt over workers’ plight
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, May 2
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Customs releases bullion van, N24.4m confiscated two years ago

    Vincent OsuwoBy Vincent OsuwoJanuary 6, 2024No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Customs releases bullion van, N24.4m confiscated two years agovan
    Bullion van
    Facebook Twitter WhatsApp

    The Nigeria Customs Service (NCS) Ogun II Area Command has freed a bullion van that was detained on April 22, 2022, for allegedly smuggling 12 bags of imported parboiled rice weighing 50kg apiece into the country.

    Bisi Alade, the Ogun II Area Controller, revealed that the bullion van with registration number FKJ 993 BZ and a sum of N24,489,500.00 confiscated with the 12 bags of imported parboiled rice belongs to Warehouse Ltd., while the money belongs to Access Bank PLC Abeokuta Branch when he handed over the van.

    Alade revealed that the car and the money were detained by officers and men from the Joint Border Patrol Team for being used to smuggle 50kg of foreign parboiled rice into the nation.

    Alade revealed that the car and the money were detained by officers and men from the Joint Border Patrol Team for being used to smuggle 50kg of foreign parboiled rice into the nation.

    “The foreign parboiled rice, which was in 12 bags of 50kg each, was carefully concealed in the said vehicle.

    “Consequently, the said vehicle and the items were conveyed to the Customs House, Abeokuta, for safekeeping. After conducting an examination on the vehicle, the said amount of money was discovered and deposited at the Central Bank of Nigeria (CBN) Abeokuta branch for safekeeping.

    “The vehicle was detained while the rice was converted to seizure in line with Section 168 of the Nigeria Customs Service Act, 2023.

    “In connection with the above seizures, three suspects were arrested, detained, granted administrative bail, and subsequently charged in court for aiding smuggling.

    “In a bid to retrieve the detained bullion van and the money, Bankers Warehouse Ltd. and Access Bank wrote an appeal letter to the Controller General of Customs for release on compassionate grounds. Based on the outcome of the investigation and recommendations of the Investigation Unit of the Nigeria Customs Service, the CGC granted approval for the release of the detained van and the money in line with the provisions of Section 248(1) and (2) of the NCS Act, 2023.”

    Alade said that the command generated a total of N21,657 billion in income for the year 2023.

    He said, “The command generated a total sum of over N2. 042 billion as revenue only for the month of November 2023, while the total revenue generated for the year 2023 stood at over N21. 657 billion.”

    “The service will not relent its efforts in discharging its statutory mandate as empowered by the law. We shall continue to encourage trade, production, and expansion of industrial activities in Ogun State, as well as continue to deploy intelligence for effective monitoring and robust stakeholders’ engagement in our operations.”

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Natasha Akpoti poised to return as Senate suspension ends

    Natasha urges aggrieved PDP factions to reconcile

    2027: Faleke picks presidential forms for Tinubu

    Tinubu to depart Abuja for summits in France, Kenya, Rwanda

    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    City Boy Movement suspends Tejuosho over EFCC fraud probe

    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam

    Sanwo-Olu The Lagos State Internal Revenue Service has declared that it will use third-party agents to collect unpaid taxes from defaulting taxpayers, including banks, employers, debtors, tenants, and business partners.

    Lagos: Sanwo-Olu approves N50,000 wage award for workers

    Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

    Atiku condemns Remi Tinubu’s N1.2bn rice palliative for North

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Natasha Akpoti poised to return as Senate suspension ends

    Natasha urges aggrieved PDP factions to reconcile

    May 1, 2026
    2027: Faleke picks presidential forms for Tinubu

    Tinubu to depart Abuja for summits in France, Kenya, Rwanda

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    City Boy Movement suspends Tejuosho over EFCC fraud probe

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam

    May 1, 2026
    Sanwo-Olu The Lagos State Internal Revenue Service has declared that it will use third-party agents to collect unpaid taxes from defaulting taxpayers, including banks, employers, debtors, tenants, and business partners.

    Lagos: Sanwo-Olu approves N50,000 wage award for workers

    May 1, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.