Sunday, November 30, 2025
25.1 C
Lagos

Guinness Nigeria Commended by Customs over Remittances

Nigeria’s leading total beverage company, Guinness Nigeria Plc has been commended for strong compliance and due diligence in remitting its tax and statutory obligations to the Nigeria Customs Service (NCS).

Customs Area Controller (CAC), Lagos Industrial, Nigeria Customs Service, Comptroller Morenike Oladunni, made the commendation during a visit to the company on Monday, October 16, 2017. She said Guinness Nigeria’s impressive compliance with respect to the disbursement of excise duties is not only noteworthy but a reflection of its enviable corporate governance standards.

Mrs Oladunni commended Guinness Nigeria on a number of stellar performances, especially regarding the timely remittance of obligatory dues and excise duties into the nation’s coffers. She also thanked the company for being one of the few companies that goes further to notify the NCS of its payments and remittances after the payments have been made.

During the facility tour, Mrs. Oladunni commended Guinness Nigeria’s cutting-edge technology, which produces its various high-quality products which have delighted consumers for decades. She also observed that the company’s painstaking attention to safety and quality assurance has earned Guinness Nigeria Plc its reputation as a true house of quality in Nigeria. She stated that she was glad for the opportunity to learn more about the rich and robust brand portfolio from the house of Guinness.

In his welcome address, the Managing Director/CEO of Guinness Nigeria Plc, Peter Ndegwa, who was represented by the company’s Corporate Relations Director, Viola Graham-Douglas, expressed the company’s delight at the visit which she said had afforded the company the opportunity to reaffirm its commitment to the industrial and socio-economic development of Nigeria.

“We are sincerely delighted to receive the representatives of the Nigeria Customs Service to Guinness Nigeria Plc, the home of quality in Nigeria. As parts of our policy agenda, Guinness Nigeria is committed to prompt delivery of its statutory responsibilities, key among which is the remittance of its excise duties to the government in a bid to contribute to the enhancement of the economic fortunes of the nation. She further explained that “With this visit, we are assured of an enhanced mutual relationship, one that will foster stronger ties between Guinness Nigeria and the Nigeria Customs Service,” Mrs Graham-Douglas stated.

Guinness Nigeria is the power house behind quality brands like Guinness Foreign Extra Stout, Harp beer, Malta Guinness and Orijin and is the sole distributor of International Premium Spirits brands such as Johnnie Walker, Baileys, Cîroc and McDowell’s in Nigeria. The company was founded in 1950 and is listed on the Nigerian Stock Exchange.

spot_img
spot_img
spot_img

Hot this week

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Dangote Contracts Honeywell for Major Refinery Capacity Upgrade to 1.4m BPD

Dangote Group is pleased to announce that it has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...

Stanbic IBTC Unveils Digital Lending Suite to Enhance Access to Credit

Stanbic IBTC Bank, a member of Standard Bank Group,...

Topics

Digital Transformation Sets Agenda at IDC Summit

The region's most influential ICT leaders recently gathered in...

MTN Nigeria Earns Investors in People Platinum Accreditation

MTN Nigeria Communications Plc has announced that following an...

Ecobank Wins CBN/NIBSS Award for Data Integrity

Left: Deputy Governor,  Financial Systems Stability, CBN,  Mrs. Aishah...

Bargain Hunting in Bellwethers Buoys Market Performance… ASI up 63bps

The local bourse posted a bullish performance yesterday as...

Stanbic IBTC Capital Advises Tolaram on Mandatory Takeover Offer of Guinness Nigeria

Stanbic IBTC Capital, a leading investment banking and capital...

Stanbic IBTC Pension Managers Inspires Women to Shape the Future

According to a United Nations Women publication, although women's...

Profit Taking in Bellwethers Drag Benchmark Index… ASI down 15bps

In yesterday’s trading session, profit taking in bellwethers - GUARANTY (-2.6%), ACCESS (-6.3%)...

GT Bank Unveils Dusty Manuscript Literature Contest

Guaranty Trust Bank Plc, has launched the Dusty Manuscript...
spot_img

Related Articles

Popular Categories

spot_imgspot_img