Customs Generates N1.56tn Revenue In One Year

0
120
Hameed Ali Custom Comptroller General Of Nigerian Custom Service.

The Nigeria Customs Service on Wednesday said it generated N1.56tn in 2020. It said the amount generated was over the target of N1.38tn and over the sum of N1.34tn generated in 2019 despite the COVID-19 pandemic.

The Comptroller-General of customs, Hameed Ali, said the feat was a result of the resolute pursuit of what was right and the willingness to adapt to changes brought about by global health challenges occasioned by COVID-19.

The NCS in a statement issued by its spokesperson, Joseph Attah, said its revenue generation profile had continued to be on the rise annually based on the ongoing reforms in the service. It further stated that the partial border closure which forced cargoes that could have been smuggled through the porous borders to come through the sea and airports raised revenue collection from the ports.

The NCS said, “Before the commencement of the border drill on August 20, 2019, revenue generation was between N4bn to N5bn but now NCS generates between N5bn to N9bn daily. “Diplomatic engagements that took place during the partial land border closure yielded many positive results, including commitment to comply with the ECOWAS protocol on transit operationalisation of joint border patrols at both sides of the border.”

- Advertisement -First Bank USED