• Wed. Dec 4th, 2024

NMGS Advocates Collaboration with Customs To Tackle Resource Smuggling


The Nigerian Mining and Geosciences Society (NMGS) has called for a strengthened partnership with the Nigeria Customs Service (NCS) to combat the growing issue of illegal smuggling of natural resources. This smuggling, according to the NMGS, is leading to significant revenue losses and the depletion of vital raw materials.

During a visit to the NCS Headquarters in Abuja on November 21, 2024, NMGS President Professor Akinade Olatunji underscored the urgent need for enhanced cooperation to better equip Customs officers in identifying and safeguarding Nigeria’s natural resources. Olatunji emphasized that the illegal export of resources was a serious problem, and that these finite assets must be protected to preserve the nation’s economic interests.

“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.

In response, the Comptroller-General of Customs, Adewale Adeniyi, acknowledged the significance of the NMGS’s expertise in addressing the issue. He outlined several opportunities for collaboration and pledged to prioritize officer training as well as 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 explained.

The meeting concluded with a commitment from both parties to work closely together to protect Nigeria’s natural resources, prevent illegal exportation, and boost the country’s economic growth. Both NMGS and NCS agreed that their collaboration would help close critical gaps in resource management and ensure that Nigeria benefits fully from its vast natural wealth.

Hyacinth Beluchukwu Nwafor

Hyacinth Beluchukwu Nwafor is a seasoned journalist and the CEO/Founder Belch Digital Communications, publishers of Hybrid News Nigeria.

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