Why GT Bank, Fidelity Bank, Diamond Bank Got Slammed By Nigerian Customs

Segun Agbaje, GT Bank Plc MD

For their non-compliance with the partnership agreement with the Nigerian Customs Service, three of Nigerian leading banks, GT Bank Plc, Fidelity Bank Plc and Diamond Bank Plc, have been suspended and blacklisted by the agency from collecting customs duties.

Uzoma Dozie, Diamond Bank plc MD

Nnamdi Okonkwo,Fidelity Bank MD,

Wale Adeniyi, NCS Public Relations Officer, who made this known while speaking with newsmen in Abuja recently said the three banks were suspended because they did not discharge their full obligation as partners in the Customs revenue collection scheme and the suspension became effective immediately.

“Unfortunately, they failed to discharge their responsibilities in accordance with the terms of the agreement they signed with Nigeria Customs Service. We might not be able to provide you with the details now but we believe that, in the course of our investigations, we will be able to provide more details. However, we will continue to work with the banks and relevant stakeholders to ensure speedy resolution of the contending issues and possibly reinstate the affected banks,” Adeniyi said.

The Customs PRO called on relevant stakeholders to take note of the new development.