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Nigeria Customs Service revenue hits N2.3trn – Official

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The Nigeria Customs Service (NCS) says it has so far generated N2.3 trillion revenue into the federation account in 2021.

Mr Timi Bomodi, the Deputy National Public Relations Officer, NCS, disclosed this at a stakeholders/media engagement on trade facilitation in Lagos on Monday.

Bomodi spoke on the topic: “Trade facilitation, a tool for enhanced revenue generation: The NCS perspective.”

He said that the figure was higher than the 2021 target of N1.679 trillion.

“2021 has been eventful for NCS, as it achieves major milestones, in spite of the debilitating effect of COVID-19, which has had negative effects on the socio-economic lives of people around the globe.

“The year began with high expectations with regards to revenue generation and the enforcement of fiscal policy and based on 2020 target achieved was given the onerous task of collecting N1.679 trillion.

“In the current year, the NCS has already exceeded expectations in revenue generation by going beyond the target set for it by the government, achieving N2.3 trillion,” he said.

He added that in its anti-smuggling activities, the NCS had made landmark seizures of prohibited items and items prohibited by trade.

“In August, the service made seizures of 17,137 kg of pangolin scales, 44 kg elephant tusks and 60 kg in pangolin claws all valued at over N22 billion.

“This was made possible through active collaboration between NCS, U.S, the UK, and German officials who helped in tracking the suspicious shipment and led to the arrest and prosecution of some foreign nationals and their local collaborators.

“In October FOU operatives in zone A seized 751 bullets concealed in garri sacks, while arms, ammunition and military uniforms were intercepted at Tincan port Lagos in September just to mention a few.

“Our warehouses in all border formations are overflowing with seizures of rice, groundnut oil, used clothing, used vehicles and others,” he said.

NAN

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