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Tuesday 4 August 2015

CUSTOMS WILL NOT SHUT DOWN INTER CONTINENTAL HOTEL

Nigeria Customs Service has found it necessary to clarify its position on its on-going battle to compel defaulting rice importers pay outstanding duties owed the Federal Government of Nigeria.

This clarification has become necessary in view of media reports that Nigeria Customs Service plans to shut down Intercontinental Hotel. The confusion was created in view of the association of its owners, Milan Nigeria Limited with one of the defaulting Importers.

Our records have shown that Intercontinental Hotel is not indebted to the Nigeria Customs Service, and will therefore not be shut down as insinuated. It is also necessary to clarify that the defaulting importers targeted for sanctions, Conti Agro Nigeria Limited is a separate legal entity from Milan Nigeria Limited, owners of Intercontinental Hotel.

The Management of Conti Agro has commenced engagement with the Customs to make payments of duty owed by it, and resolve the issue.

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