Customs hit N1.3tr collection in 2019

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Nigeria Customs Service generated N1,341,690,568,327.18 in 2019.

The amount generated is over the target of N969,831,167.83 set for the year 2019 and N139,241,835,082.29 over the sum of N1,202,448,733,244.89 generated in 2018.

Commenting on this feat, the Comptroller-General of Customs, Col, Hameed Ibrahim Ali (Rtd) described it as a result of resolute pursuit of what is right rather than being populist by compromising national interest on the altar of individual or group interests.

Public Relations Officer, Mr. Joseph Attah broke the news in a press statement on Thursday.

According to him, the service revenue generation profile has continued to be on the rise annually as the ongoing reforms in the Service insists on:
 Strategic deployment of officers strictly using the standard operating procedure.
 Strick enforcement of extant guidelines by the tariff and trade department.
 Automation of the Customs process thereby eliminating vices associated with the manual process.
 Robust stakeholder sensitization resulting in more informed/voluntary compliance.
 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.

Before the commencement of the border drill on 20th August 2019, revenue generation was between N4 billion to N5 billion but NCS generates between N5 billion to N7 billion daily.

The partial border closure is a decisive action against the challenging issue of trans-border crime and criminalities, fueled by the noncompliance to ECOWAS Protocol on transit of goods by neigbhouring countries.

“NCS hopes that the ongoing discussions with our neighbours will yield permanent solution to the challenges of border security.
Read Also; Apapa Customs’ FoB exports hit N40.6b

“The Service wishes to express its readiness to strictly implement the outcome of the ongoing diplomatic engagements.

“In the same vein the Service efforts to prevent the entry of items that could compromise the Security of our citizens, National Economy and the well being of our people resulted in the seizures of 30,906 assorted items with a duty paid value of N62,134,426,199.00.

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

Attah said: “While we give our assurances of total commitment to the course of nation building, we call on Nigerians, especially the business community to support the NCS on the ongoing drive to robustly contribute to National Security and create enabling environment for businesses to thrive in the country.”

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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