The Federal Executive Council (FEC) has awarded N1.5bilion contract to Elizade Nigeria Limited to supply 46 units of vehicles to Nigeria Customs Service.
Briefing Journalists on Wednesday after the FEC meeting presided over by Vice President Yemi Osinbajo,the Minister of State for Budget and National Planning, Clem Agba explained that the total cost of N1.5 billion is inclusive of the 7.5 percent VAT.
The minister explained that the vehicles would bolster the operational efficiency of the service and increase revenue generation.
“Recall that the last set of procurement of vehicles that was done for Customs was in 2017 and 2020.
“And in 2020, we did see a whole lot of huge seizures that was made by the Nigeria Customs and also the performance in terms of revenue.’’
“So, council believes that with the provision of these additional vehicles, it will also be enhancing not only their effectiveness but their efficiency and then, more revenue will be generated.’’
