Monday, April 20, 2026
25.2 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

Bank of Industry Signs Strategic Partnership with RMRDC to Foster Agric Value-Chain Growth

Managing Director and Chief Executive Officer of the Bank...

CBN, FMDA Unveil Nigerian Overnight Financing Rate as New Money Market Benchmark

The Central Bank of Nigeria (CBN), in collaboration with...

Mutual Benefits Customer to Nigerians: Embrace Insurance Because it Works

A customer of Mutual Benefits Assurance Plc, Mr. Abdelhamid...

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Stanbic IBTC Asset Management Bags Top Asset Management Award 2026 by Global Banking & Finance Review

In a noteworthy achievement in Nigeria's asset management landscape,...

Topics

CTO, Zain: “Data Growth is Biggest Challenge in Today’s Telecom Market”

  Yousef Abu Mutawe, CTO, Zain, Jordan will deliver the...

Lagos State Joins Commonwealth Enterprise, Investment Council

L-R: Global CEO, Commonwealth Enterprise and Investment Council (CWEIC),...

NLNG, NCDMB Celebrate 122 Graduates of Train 7 HCD Training Program

NLNG in collaboration with the Nigerian Content Development and...

Stanbic IBTC Donates Vocational Centre for Young Inmates

Stanbic IBTC Holdings PLC, a member of Standard Bank...

Linkage Assurance Plans Online Motor Insurance Initiative

Linkage Assurance Plc has secured the approval of the...

Guinea Insurance ED, Pius Edobor, Joins Board of CIFCFIN

Dr. Pius Edobor Executive Director, Finance & Administration Guinea Insurance Plc Guinea...

NCC Lists Reasons for Stringent SIM Card Processes

The Nigerian Communications Commission (NCC) has again explained to...

E-Payment Transactions Hit N264tn in Q2 2020-NBS

The National Bureau of Statistics (NBS) says a total...
spot_img

Related Articles

Popular Categories

spot_imgspot_img