Home Economy Nigerian Customs Service Generates 1. 5t Naira in 2020

Nigerian Customs Service Generates 1. 5t Naira in 2020

by Isiyaku Ahmed
0 comment

Musa Na Allah Sokoto

The Nigeria Customs Service generated the sum of 1,5 62,115,419,216.32 for the year 2020.

The amount surpassed the target of the year under review with 1,380,765,353,462.00 over the sum of 0I1,342,006,918,504.55 generated in 2019 despite covid-19 pandemic.

The Controller General of Customs (CGC) Col. Hameed Ali (rtd) while Commenting on this feat in a statement made available to newsmen in Sokoto, described gesture as a result of resolute pursuit of what is right and willingness to adapt changes brought by global health challenges occasioned by covid-19.

The service revenue generation profile according the statement has continued to be on the rise annually as the ongoing reforms in the Service insist on: Strategic deployment of officer’s procedures.

Force Strict enforcement of extant department. Automation of the Customs process thereby eliminating vices associated with the manual process.

Others are robust stakeholder sensitization resulting in more informed/voluntary compliance and force increased disposition of officers and men to put national interest above selves.

The partial border closure which has forced cargoes that could have been smuggled through the porous borders to come through the sea and airports raised revenue collection from ports with seizures that include arms, ammunitions, illicit drugs, used clothing, vegetable oil, frozen poultry and foreign rice. among others that have grave consequences on economic security and well being of Nigerians.

The statement further stated that the NCS expressed total commitment to the course of protecting national security and economy, and called on Nigerians, especially the business community to support the NCS as our borders open to Africa Continental Free Trade Agreement (AfCFTA) commenced with a view to benefit from the trade agreement and other cross border activities.

In another development, the Public Relations Officer of the Nigeria Customs Service DC Joseph Attah said before the commencement of the border drill on 20th August 2019, revenue generation was between N4 billion to N5 billion but now the NCS generates between II5 billion to 119 billion naira daily.

He said 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.

Operationalization of joint border patrols at both sides of the border.

The teams Attah said are required to share intelligence and ensure prevention of transit of prohibited goods into the neighbours’ territory.

The NCS however wishes to express its readiness to strictly implement the outcome of the diplomatic engagements as the land borders are now open for movement of cargoes.

Intelligence gathered during the period and the introduction of the e-Customs and installation of scanners at all entry points will enhance border security and boost national trade facilitation.

He painted out that the Ministry of Finance has purchased three (3) new Scanners.

Interestingly, the Central Bank of Nigeria (CBN) has also expressed commitment of purchasing four (4) Scanners and establish the control center for monitoring all scanning sites in their bid to boost national economy especially agricultural sector.

He explained that within the next six (6) months, NCS would have about seven (7) functional Scanners to be mounted at strategic entry points even before the full deployment of e-Customs components which will see to the deployment of 135 modern Scanners.

NCS appreciates and commends the leadership of CBN for this strategic intervention in the interest of the nation.

In the same vein, the Service efforts to prevent the entry of items that could compromise the Security of the citizens, economy and their well being.

 The action resulted in the seizures of 4,3O4 assorted items with a duty paid value of 4I28,287,2A5, A 47.52.

These seizures include arms, ammunitions, illicit drugs, used clothing, vegetable oil, frozen poultry and foreign rice among others that have negative consequences on economy, security and well being of Nigerians.

“We give assurances of total commitment to the course of protecting national security and economy, we call on Nigerians, especially the business community to support the NCS as our borders open to African Continental Free Trade Agreement (AfCFTA) with a view to benefit from the trade agreement and other cross border activities.

You may also like

©2024. Stallion Times Media Services Ltd. All Rights Reserved.