ShareTweetEmail0shares Col. Hameed Ali (rtd), Customs CG   The Nigeria Customs Service (NCS) is on the way to meeting its new revenue target of... Customs Records More than 50% of Revenue Target, Generates N573 bn in 5 Months

hameed ali

Col. Hameed Ali (rtd), Customs CG

 

The Nigeria Customs Service (NCS) is on the way to meeting its new revenue target of N957 billion for this year, as it   generated  N573,190,265,605.41 as revenue, between January and May 2020.

The amount collected as revenue  from all its activities during the period is more than 50 per cent of its  target year.

The target earlier given to the Service before the outbreak of the coronavirus pandemic was  N1.6 trillion, but following  the outbreak of the disease , which later affected the country’s economy negatively and reduced  the level of imports and the revenue ,therein   it was  reviewed to N957billion.

The Comptroller Accounts of the Customs,  Sadiq Ibrahim Ismailia, gave the figure  when a delegation of the Customs authorities led by the Deputy Comptroller General of Customs (Head, Human Resources), DCG Sanusi Abubakar Umar had an interactive session with the Senate Committee on Customs in Abuja.

Chairman Senate Committee on Customs, Senator Francis Ailimikhena (Edo North) said the interaction was part of the panel’s oversight activities to assess the 2020 budget performance of the agency, get  update on recruitment, number of seized goods and auctioned and the amount realised from the auction if any.

 

 

 

 

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