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Home Africa

Customs generates N486bn in six months

NigerianCanadianNews by NigerianCanadianNews
July 26, 2017
in Africa, Business, Government & Politics, Law, News, Nigeria, Nigerian News
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The Nigeria Customs Service has made a revenue of N486bn from January to June, this year. With regard to the revenue (N385bn) that was made last year in the same space of time in 2016, the Nigeria Customs Service broke the record.
The Public Relations Officer, NCS, Mr Joseph Attah, gave the figure on Wednesday in Abuja.
Attah mentioned in his speech that the service also recorded an added 3,798 seizures with a duty Paid value of over N7bn from January to June. The agency made a seizure of 3,106 with a DPV of over N4bn within identical period in 2016.
Attah attributed the rise in revenue and seizure to the Comptroller-General of Customs (CGC) intolerance on illegal importing and also the support given to officers and men to perform effectively.
He said – “You will recall that around Nov 2016 to Feb, the CGC commenced decisive reforms, and there was huge deployment of officers and men.
“Also, there was the establishment of compliance team that’s beefing up security at the borders, to block all non-revenue leakages.
“This is yielding result because when you block revenue leakages, when you effectively police the border and deploy men and resources, what happens is that a lot of smugglers are intercepted, more seizures are made.”

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