THERE seems to be confusion over the fate of more than 200 containers already auctioned by the Nigeria Customs Service (NCS) following declaration, on Friday, by the Transmission Company of Nigeria (TCN) that it would go after the auction beneficiaries for possible return of the auctioned goods. “I don’t understand what you mean by going after auction beneficiaries, because the monies paid by these beneficiaries have been deposited into the federation account. “Is it that the beneficiaries will return the auctioned goods and get their monies refunded? “What if the auction beneficiaries threaten libel? “Others have been auctioned and we had to trace the auctioneers to get the containers.

Source: Nigerian Tribune August 04, 2018 04:28 UTC