Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home Business & Brands

GTB In Fresh Trouble As ANLCA Seeks Bank Payment Of N200 Billion Demurrage, Storage Loses

The association, in a meeting with the officials of the bank on Wednesday, stated that its members will not bear the cost of demurrage incurred while pressing it in that they are not ready to let go of the losses.

byGLAMTUSH
September 15, 2022
in Business & Brands
Reading Time: 2 mins read
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

GTB is in fresh trouble as ANLCA is seeking bank payment of N200 billion demurrage and storage losses over FG suspension.

 

Glamtush reports that the Association of Nigerian Licensed Customs Agents (ANLCA) has requested the payment of over N200 billion in demurrage charges incurred by customs brokers and freight forwarders as a result of Guaranty Trust Bank (GTB) suspension owing to alleged non-remittance of import duty collected on behalf of the federal government.

READ ALSO

UnionCares Celebrates Academic Excellence At Pacelli School For The Visually Impaired Graduation

The Alternative Bank Leads 300-Strong March To Combat Plastic Pollution In Lagos

The association, in a meeting with the officials of the bank on Wednesday, stated that its members will not bear the cost of demurrage incurred while pressing it in that they are not ready to let go of the losses.

Speaking on behalf of the association, its National Secretary; Mr Babatunde Mukaila expressed dissatisfaction in the way the management of GTB handled its suspension by the Nigeria Customs Service (NCS), noting that ANLCA is aware that NCS gave GT Bank two weeks’ notice to resolve their challenges, yet they neither resolved the issue nor made alternative arrangement in the interest of their customers.

He argued that in the past, some banks have had similar problems but quickly appointed a receiver bank pending the resolution of the matter.

The ANLCA scribe stressed that the approach of the bank amounts to negligence on their part, adding that where there is negligence, someone or group suffers the detriment and as such in every detriment there must be compensation.

GTB

He reiterated that the aims and objectives of the association is to protect its members while asking the bank officials how they intend to mitigate the losses.

Other members of the association in attendance also condemned the bank’s attitude and concluded that there will be no stand down on demand for adequate compensation.

Responding, the representative of GT Bank; Mr Lanre Kola-Banjo apologised to the customs brokers while explaining that the problem was a result of a technical fault from the server.

He however debunked the notion that the bank was given two weeks’ notice. He said to the contrary, they woke up one morning only to discover that the bank had been disconnected.

Read Also: Maritime Unions Express High Hopes Over Outcome Of NJIC Meeting
He further explained that it was after they had been suspended from accessing the NCS portal that they were given two weeks to fix the technical problem or face serious sanction. He said that the problem has since been resolved.

He promised to take the association’s demands to the top management of the bank for further action.

This is even as he added that it is not about apologising to the importers, but the issue is that, it is the Customs Brokers that are at the receiving end, because they are in contract with importers and not concerned with demurrage and storage charges.

 

Related Posts

UnionCares
Business & Brands

UnionCares Celebrates Academic Excellence At Pacelli School For The Visually Impaired Graduation

July 29, 2025
Plastic Pollution
Business & Brands

The Alternative Bank Leads 300-Strong March To Combat Plastic Pollution In Lagos

July 28, 2025
UnionCares
Business & Brands

Union Bank Rewards Customers With ₦5 Million Each In Save And Win Palli Promo Season 4 Grand Finale

July 28, 2025
Solar Powered Bags
Business & Brands

Fidelity Bank Launches Solar Powered Bags For School Children

July 26, 2025
SME
Business & Brands

Fidelity Bank Empowers SMEs With Business Management Systems

July 25, 2025
Sterling One Foundation
Business & Brands

Sterling One Foundation, UN Set Stage For Africa’s Next Leap At ASIS 4.0

July 25, 2025
Next Post
Governor Akeredolu Loses Mother

Governor Akeredolu Loses Mother

LATEST COVER

Priscilla Ojo

GPBN Associates Member

Fidelity Bank

Zenith Bank

UnionCares

UnionCares Celebrates Academic Excellence At Pacelli School For The Visually Impaired Graduation

July 29, 2025
National Honours

Tinubu Confers Triumphant Super Falcons With National Honours, Awards $100,000 To Each Player

July 28, 2025
The Evil Eye Returns Teasers August 2025

Star Life: New! The Evil Eye Returns Teasers July 2025

July 28, 2025
Plastic Pollution

The Alternative Bank Leads 300-Strong March To Combat Plastic Pollution In Lagos

July 28, 2025
UnionCares

Union Bank Rewards Customers With ₦5 Million Each In Save And Win Palli Promo Season 4 Grand Finale

July 28, 2025
Male Housemates

BBNaija Season 10: 14 Male Housemates Unveiled After Previous Female Reveal

July 27, 2025
Sacred Love Teasers August 2025

Star Life: Sacred Love Teasers August 2025

July 27, 2025
WAFCON

WAFCON: Ajibade, Nnadozie Win Best Player, Goalkeeper Awards

July 27, 2025

Meet The 15 Female Housemates Of BBNaija Season 10

July 27, 2025
National Honours

UPDATED: Super Falcons Lift 10th WAFCON Trophy

July 26, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush