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Customs Generates N1.002trn Revenue In 9 Months - Politics - Nairaland

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Customs Generates N1.002trn Revenue In 9 Months by ManirBK: 1:56pm On Nov 11, 2019
The Nigeria Customs Service (NCS) has generated revenue of about N1.002 trillion from January to September 2019.
The data received by the News Agency of Nigeria (NAN) from the Department of Research and Statistics and confirmed by the NCS’s public relations office indicated that the revenue was generated from 32 commands.

The statistics showed that the service recorded the highest revenue of N123.6 billion in the month of July followed by N118.6 billion realised in May.

The data also revealed that the lowest revenue was recorded in the month of February with N86.3 billion.
The low February’s revenue might have been caused by 2019 general elections due to partial closure of borders within those periods of polls.
According to the data, Apapa area command has the highest revenue of N313.5 billion within the period under review.
The statistics also indicated that immediately after the partial closure of borders, the service recorded N115.6 billion in September, with about N6.1 billion more than what was realised in August before borders were closed.
The revenue was generated from import duty, levy, excise duty and other fees.
There is every possibility, with this statistics, by the end of 2019, NCS revenue will surpass the earning of 2018, which stood at N1.2 trillion.
NAN reports that 2018 revenue by customs was N164.8 billion more than the 2017 collection, which was N1.037 trillion. (NAN)
https://www.dailytrust.com.ng/customs-generates-n1-002trn-revenue-in-9-months.html?
Mynd44 oam4j lalasticlala
Re: Customs Generates N1.002trn Revenue In 9 Months by ManirBK: 1:57pm On Nov 11, 2019
Well Done Hamid Ali put more Efforts and Generate more.
Over to you Biafrauud childraffickers
https://www.nairaland.com/5522402/5-kidnappers-arrested-over-sale?_e_pi_=7%2CPAGE_ID10%2C4914988061
Re: Customs Generates N1.002trn Revenue In 9 Months by helinues: 2:02pm On Nov 11, 2019
"The service recorded N115.6 billion in September, with about N6.1 billion more than what was realised in August before borders were closed."

Abeg let the border remain closed
Re: Customs Generates N1.002trn Revenue In 9 Months by AirBagi(m): 2:33pm On Nov 11, 2019
Mmmm let the truth be Said these are false figures
Re: Customs Generates N1.002trn Revenue In 9 Months by Racoon(m): 3:16pm On Nov 11, 2019
The liars again? Nothing bad if true but this fact that it will never stop the government from borrowing or taxing Nigerians make this whole report a lie as the above fella have said.
Re: Customs Generates N1.002trn Revenue In 9 Months by SalamRushdie: 3:30pm On Nov 11, 2019
This figure is just about 3 billion dollars and it's far less than what was earned in the same period in 2013 .Nigerian govt keeps celebrating mediocrity ..Earlier today Alibaba made over 13 billion dollars in revenue in just the first one hour of it's 11.11 shopping day .. and Walmart a supermarket chain in the US has mad over 1.4 billion dollars today alone

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Re: Customs Generates N1.002trn Revenue In 9 Months by Nobody: 3:33pm On Nov 11, 2019
SalamRushdie:
This figure is just about 3 billion dollars and it's far less than what was earned in the same period in 2013 .Nigerian govt keeps celebrating mediocrity ..Earlier today Alibaba made over 13 billion dollars in revenue in just the first one hour of it's 11.11 shopping day .. and Walmart a supermarket chain in the US has mad over 1.4 billion dollars today alone
you are just a pained kid.

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Re: Customs Generates N1.002trn Revenue In 9 Months by SalamRushdie: 3:34pm On Nov 11, 2019
Ray97:
you are just a pained kid.

Abeg park well
Re: Customs Generates N1.002trn Revenue In 9 Months by FakeManna: 4:29pm On Nov 11, 2019
[s]
helinues:
"The service recorded N115.6 billion in September, with about N6.1 billion more than what was realised in August before borders were closed."

Abeg let the border remain closed

[/s]
shatap
Re: Customs Generates N1.002trn Revenue In 9 Months by FakeManna: 4:29pm On Nov 11, 2019
[s]
helinues:
"The service recorded N115.6 billion in September, with about N6.1 billion more than what was realised in August before borders were closed."

Abeg let the border remain closed

[/s]
trash
Re: Customs Generates N1.002trn Revenue In 9 Months by senatordave1(m): 4:37pm On Nov 11, 2019
SalamRushdie:


Abeg park well
So you haven't changed
Re: Customs Generates N1.002trn Revenue In 9 Months by ArmedRobber: 4:46pm On Nov 11, 2019
SalamRushdie:
This figure is just about 3 billion dollars and it's far less than what was earned in the same period in 2013 .Nigerian govt keeps celebrating mediocrity ..Earlier today Alibaba made over 13 billion dollars in revenue in just the first one hour of it's 11.11 shopping day .. and Walmart a supermarket chain in the US has mad over 1.4 billion dollars today alone
liar there no time custom made such amount thorought the 16 yrs of pdp .I challenge u back ur claims with a verified source

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Re: Customs Generates N1.002trn Revenue In 9 Months by SalamRushdie: 5:21pm On Nov 11, 2019
ArmedRobber:
liar there no time custom made such amount thorought the 16 yrs of pdp .I challenge u back ur claims with a verified source

In 2012 the Nigerian customs earned 5.3 billion dollars for the govt which is the highest the customs has recorded till date , in 2013 the Nigerian customs earned 5.2 billion dollars which is still higher than any revenue from the customs under Buhari. .. A quick breakdown will show you that in the first 9 months of both 2012 and 2013 the customs earned over 3.9 billion dollars which is far higher than the 2.9 billion you are celebrating today .


https://shipsandports.com.ng/n1-trillion-revenue-customs-worst-performance-seven-years-2/

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Re: Customs Generates N1.002trn Revenue In 9 Months by SalamRushdie: 6:08pm On Nov 11, 2019
ArmedRobber:
liar there no time custom made such amount thorought the 16 yrs of pdp .I challenge u back ur claims with a verified source

I am still waiting for you
Re: Customs Generates N1.002trn Revenue In 9 Months by fyneguy: 6:22pm On Nov 11, 2019
SalamRushdie:
This figure is just about 3 billion dollars and it's far less than what was earned in the same period in 2013 .Nigerian govt keeps celebrating mediocrity ..Earlier today Alibaba made over 13 billion dollars in revenue in just the first one hour of it's 11.11 shopping day .. and Walmart a supermarket chain in the US has mad over 1.4 billion dollars today alone

You lied, sir.

The Nigeria Customs Service (NCS) collected a total of N833.4 billion revenue in 2013 out of a targeted sum of N1.4 trillion, according to an official document obtained by our correspondent. The 2013 revenue was N17.5 billion less than N850.9 billion it collected in 2012. The Service explained that the money was collected from duties, fees and levies.

Read more at: https://www.vanguardngr.com/2014/02/customs-collects-n833-4bn-revenue-2013/

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Re: Customs Generates N1.002trn Revenue In 9 Months by SalamRushdie: 6:38pm On Nov 11, 2019
fyneguy:


You lied, sir.

The Nigeria Customs Service (NCS) collected a total of N833.4 billion revenue in 2013 out of a targeted sum of N1.4 trillion, according to an official document obtained by our correspondent. The 2013 revenue was N17.5 billion less than N850.9 billion it collected in 2012. The Service explained that the money was collected from duties, fees and levies.

Read more at: https://www.vanguardngr.com/2014/02/customs-collects-n833-4bn-revenue-2013/

I am sorry to say but You are a very dull person .. 833 billion Naira was equivalent to 5.1 billion US dollars in 2013 ,that means in the first 9 months of 2013 the Nigerian customs earned 3.8 billion US dollars as against 2.8 billions dollars earned in 9 months of 2019 . Can you see there is a shortfall of a whooping Billions dollars in our customs earnings ..We are earning far less under Buhari ... Can you see that you are not a very smart chap now

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Re: Customs Generates N1.002trn Revenue In 9 Months by fyneguy: 3:57am On Nov 12, 2019
SalamRushdie:


I am sorry to say but You are a very dull person .. 833 billion Naira was equivalent to 5.1 billion US dollars in 2013 ,that means in the first 9 months of 2013 the Nigerian customs earned 3.8 billion US dollars as against 2.8 billions dollars earned in 9 months of 2019 . Can you see there is a shortfall of a whooping Billions dollars in our customs earnings ..We are earning far less under Buhari ... Can you see that you are not a very smart chap now

grin grin grin the earnings were in Naira not Dollars. Sorry, that dubious move is quite amusing.
Re: Customs Generates N1.002trn Revenue In 9 Months by SalamRushdie: 9:25am On Nov 12, 2019
fyneguy:


grin grin grin the earnings were in Naira not Dollars. Sorry, that dubious move is quite amusing.

You see why are say you are are not smart .. USD dollar is a standard value used to compare values world wide . You can not use a naira that has lost so much Value under Buhari to measure such things because you are only deceiving yourself

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Re: Customs Generates N1.002trn Revenue In 9 Months by fyneguy: 12:36pm On Nov 12, 2019
SalamRushdie:


You see why are say you are are not smart .. USD dollar is a standard value used to compare values world wide . You can not use a naira that has lost so much Value under Buhari to measure such things because you are only deceiving yourself

grin grin grin grin very funny!

The value attached to our earnings depends on what we channel the money into! So long as it's judiciously spent on development, to hell with your Dollar-standard analogy. N1 Billion well spent by Buhari is worth more than N100 Billion squandered by GEJ and his goons.

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