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.