Not töö bad
In 2015 custom generated 903b
In 2016 Custom generated 898b
Difference of 5billion
Recall land rice and car was baned
Only that they created more jobloss

so dis man was nt sacked after all d drama


No wonder!

Please Nigerian, you should allow our CG to do his work accordingly.

obamabinladen:
Even the custom uniform given to you has fallen on the ground and remained there till date, why won't the revenue fell?.



See your bear-bear like an orphaned He-goat.

with this rubbish, has one naira be added to your bank acc?

4Play:
News like this is very disturbing and should provoke serious contemplation amongst Nigerians. The primary rationale for the Buhari regime is the belief in its ability to tackle corruption in sharp contrast to the GEJ regime: but what if the new regime is causing more economic damage than any improved gains in the reduction of corruption?

Contrast this 2016 revenue of N898bn with the 2014 revenue of N977bn under the famed corrupt buffoon:

https://www.google.co.uk/amp/leadership.ng/business/400503/customs-rakes-n977-09bn-revenue-2014/amp

I know what Buhari apologists will claim: that Nigeria was in the midst of an oil boom in 2014 and its therefore an unfair comparison. But we forget that the exchange rate in 2016 was lower than in 2014 (N305 in the 2nd half of 2016) and that the GEJ was supposed to be "chopping all our money." Has anyone forgotten the scandal regarding the import waiver?

This is the dilemma I have posed to some of Nairaland's Buhari apologists: why is there no discernible difference in revenue collection given we have moved from a supposedly hopelessly corrupt regime to an honest regime?

Data do not lie and apart from the desire to sate some ethnically motivated ambitions/animosity or a naive investment of hope, the data suggests that supporting the Buhari regime represents a case of choosing medicine whose effects are worse than the disease one is seeking to cure.

Whats wrong with you people....what does the exchange rate has to do with customs charges? Is the revenue being collected in US Dollars or Naira?

So what does the exchange rate has to do with it.....smh

2n2k:


No sir.

In 2016, the Customs generated a total of N898b if vat is included

In 2015, the Customs generated a total of N904b if vat is included

In 2014, the Customs generated a total of N977b if vat is included

Also note that the exchange rate used for duties increased from N197 to N285 to N307 in these periods

I concurred. Orracle has spoken.

Jesusloveyou:
with this rubbish, has one naira be added to your bank acc?

With this rubbish, has one naira be added to your bank acc?

4Play:
News like this is very disturbing and should provoke serious contemplation amongst Nigerians. The primary rationale for the Buhari regime is the belief in its ability to tackle corruption in sharp contrast to the GEJ regime: but what if the new regime is causing more economic damage than any improved gains in the reduction of corruption?

Contrast this 2016 revenue of N898bn with the 2014 revenue of N977bn under the famed corrupt buffoon:

https://www.google.co.uk/amp/leadership.ng/business/400503/customs-rakes-n977-09bn-revenue-2014/amp

I know what Buhari apologists will claim: that Nigeria was in the midst of an oil boom in 2014 and its therefore an unfair comparison. But we forget that the exchange rate in 2016 was lower than in 2014 (N305 in the 2nd half of 2016) and that the GEJ was supposed to be "chopping all our money." Has anyone forgotten the scandal regarding the import waiver?

This is the dilemma I have posed to some of Nairaland's Buhari apologists: why is there no discernible difference in revenue collection given we have moved from a supposedly hopelessly corrupt regime to an honest regime?

Data do not lie and apart from the desire to sate some ethnically motivated ambitions/animosity or a naive investment of hope, the data suggests that supporting the Buhari regime represents a case of choosing medicine whose effects are worse than the disease one is seeking to cure.

cc 2n2k.

Not holding brief for customs but the revenue target was obviously not achieved because of banned items. All the revenue that would have been made on rice import, car through land borders and other imports were not achieved. The customs shot themselves in the foot because they only confiscated those items or pocketed bribes into private pockets. They can't declare money collected from banned goods, hence more corruption. Also, revenue generation is not the accurate measurement of corruption. You can generate 1billion and not account for it's use. Another may generate 200million and put it to accountable use.