ShareTweetEmail0shares Col Hameed Ali(rtd) , Customs CG   The Nigerian Customs Service (NCS)  collected a revenue of N9.2 billion in a day due to... Customs Revenue Rises to N9.2 bn In One Day Due to Border Closure- CG


Col Hameed Ali(rtd) , Customs CG


The Nigerian Customs Service (NCS)  collected a revenue of N9.2 billion in a day due to the ongoing partial closure of the borders by the Federal Government.

The Comptroller General of the Customs , Colonel Hameed Ali( rtd)  made the disclosure while  answering questions from members of the joint National Assembly Committee on Finance in Abuja.

According to him, since the border closure , the Customs has  maintained  an average revenue collection of N5billion to N6billion on a daily basis.

The customs boss was at the National Assembly on the invitation of the Upper Chambers  joint committee on Finance presently considering the 2020 – 2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to both chambers by President Muhammadu Buhari, last week.

He said that most importers that have been diverting their  cargoes to  Benin Republic and later smuggled them  into Nigeria  are now using the country’s  ports.

He said the agency’s revenue has not dropped but rather increased as  a result of the border closure.

Ali said: “When we closed the border my fear was that our revenue is going to drop. To be honest our revenue kept increasing.

“There was a day in September that we collected N9.2billion in one day. It has never happened before.

“This is after the closure of the border and since then, we have maintained an average of about N4.7billion to N5.8 billion on a daily basis which is far more than we used to collect.

“What we have discovered is that most of those cargoes that used to be shipped to Benin Republic  cont discharged and smuggled into Nigeria, now that we have closed the border they are forced to bring their goods to either Apapa or Tin Can Island and we have to collect duty on them.

“If that would continue to us it is a welcome situation. To answer your question, our revenue has not reduced. As a matter of fact, it is increasing as a result of closing the border.”

Ali also said that there has been a significant reduction in the amount of fuel supposedly consumed daily in Nigeria since the exercise began.

“About 10.2million litres of fuel has now been cut down from what we have been assuming to have been consuming. This 10.2million litres of fuel is always going to across the border.

“The issue here is that there is incentive because there is price differential. And that is why our people keep pushing this fuel. If you go to Ilaro today, the filling stations that are there…in Idiroko, there are over 50 tp 60 filling stations in one place and they are close to the border.

“And what we have discovered is that they bring in fuel in the afternoon and in the night they siphon it. They do that everyday and this is why we keep saying we are consuming so many litres of fuel everyday.”