• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy Nigeria Customs Service Generated N1.54tr in 2020
  • Economy
  • National

Nigeria Customs Service Generated N1.54tr in 2020

By
Joseph Attah
-
January 6, 2021
NCS customs boss Hameed Ali
Customs Boss Hameed Ali

Nigeria Customs Service Generated N1.54tr in 2020

Nigeria Customs Service generated the sum of N1,562,115,419,216.32 for the year 2020.

The amount generated is over the targetof N1,380,765,353,462.00 over the sum of N1,342,006,918,504.55 generated in 2019 despite the covid-19 pandemic.

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 and willingness to adapt to changes brought about by global health challenges occasioned by covid-19.

The service revenue generation profile has continued to be on the rise annually as the ongoing reforms in the Service insist on:

Strategic deployment of officers strictly using the standard operating procedure.

Strict 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 now NCS generate between N5 billion to N9 billion daily.

Diplomatic engagements that took place during the partial land border closure yielded many positive results, including commitment to comply with the ECOWAS Protocol on Transit. Operationalization of joint border patrols at both sides of the border.

Read Also:

  • U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security Challenges
  • Troops Foil Bandits’ Attack, Neutralise One Terrorist in Kaduna
  • Securing West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru Lawal

The teams are required to share intelligence and ensure prevention of transit of prohibited goods into the neighbor’s territory. Accordingly Service wishes to express its readiness to strictly implement the outcome of the diplomatic engagements as the land borders open for movement of cargoes.
Intelligence gathered during the period and the introduction of the e-Customs whose components include installation of scanners at all entry points will enhance border security and boost national trade facilitation.

Already Ministry of Finance has purchased three (3) new Scanners. Interestingly, the Central Bank of Nigeria (CBN) has also expressed commitment to purchasing four (4) Scanners and establish the control center for monitoring all scanning sites in their bid to boost national economy, especially agricultural sector.

This means that within the next six (6) months, NCS will have about seven (7) functional Scanners to be mounted at strategic entry points even before the full deployment of e-Customs components which will see to the deployment of 135 modern Scanners.

NCS appreciates and commends the leadership of CBN for this strategic intervention in the interest of the nation.
In the same vein, the Service efforts to prevent the entry of items that could compromise the Security of our citizens, Economy and the well being of our people resulted in the seizures of 4,304 assorted items with a duty paid value of N28,287,285,847.52.

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

While we give assurances of total commitment to the course of protecting national security and economy, we call on Nigerians, especially the business community to support the NCS as our borders open to African Continental Free Trade Agreement (AfCFTA) in order to benefit from the trade agreement and other cross border activities.

Signed:
DC, Joseph Attah
Public Relations Officer
For: Comptroller-General of Customs.

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Hameed Ibrahim Ali
  • Nigeria Customs Service
Previous articleKano Agro Pastoral Project Awards N314mn Contract for Watari Dam Renovation
Next articleNigeria Customs Service Generated N1.54tr in 2020
Joseph Attah
Joseph Attah
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security Challenges

Securing West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru Lawal

ECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa 

abdulrazaq--kawu-saraki

Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a Tightrope

Chief of Army Staff, Lieutenant General Waidi Shaibu at the closing ceremony of the graduating from Exercise Restore Hope IX

Restore Hope IX: COAS Charges Troops to Translate Training into Operational Success

late Malam Kabiru Ibrahim Aliyu

Pantami Mourns Gombe United Legend Kabiru ‘Ustaz,’ Hails Him as Moral and Skillful Icon

BLOODY: Troops Kill 12 Boko Haram, ISWAP Fighters in Sambisa, Mandara Mountains

Finally, Gov. Yusuf, 44 LG Chairmen, Lawmakers Dump NNPP

Kaduna state governor, Senate Uba Sani sympathizing the families of the abducted worshippers in Kajuru

Kajuru Abductions: When Denial Costs Lives By Kabir Abdulsalam

Troops Repel Terrorist Attacks in Borno, Sokoto, Kill 11, Recover Arms

Military troops

Army, NAF Dismantle Terrorist Strongholds in Shiroro, Diffuse IEDs in Major Offensive

herdsman

Ranching as a Path to Ending Herder–Farmer Conflicts

Recent Posts

  • U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security Challenges
  • Troops Foil Bandits’ Attack, Neutralise One Terrorist in Kaduna
  • Securing West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru Lawal
  • ECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa 
  • Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a Tightrope
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security ChallengesTroops Foil Bandits’ Attack, Neutralise One Terrorist in KadunaSecuring West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru LawalECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a TightropeRestore Hope IX: COAS Charges Troops to Translate Training into Operational SuccessPantami Mourns Gombe United Legend Kabiru ‘Ustaz,’ Hails Him as Moral and Skillful IconGround Troops, Surveillance Deployed in Hunt for Kurmin Wali Kidnappers – DHQCustoms and the Making of Africa’s First Defence-Security ExhibitionBLOODY: Troops Kill 12 Boko Haram, ISWAP Fighters in Sambisa, Mandara MountainsMalami, Dasuki and the Irony of Power By Ifeanyi Favour OgochukwuFinally, Gov. Yusuf, 44 LG Chairmen, Lawmakers Dump NNPPKajuru Abductions: When Denial Costs Lives By Kabir AbdulsalamWhen Power Walks in Unannounced: What Olubunmi Tunji-Ojo Saw — and What Nigeria HeardNigerian Troops Hit Boko Haram Splinter Groups in Niger
X whatsapp