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Customs Generates N1.3tr In 2019, Exceeds Target By N404bn - Politics - Nairaland

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Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by ManirBK: 1:00pm On Jan 12, 2020
The Nigeria Customs Service (NCS) said it generated N1.341 trillion as revenue for the year 2019, exceeding the target of N937 billion by N404bn revenue.

The 2019 revenue generation milestone also exceeded the N1.202tr generated in 2018 by N139.2bn, Customs said in a statement issued by the Public Relations Officer, Deputy Comptroller Joseph Attah.

Commenting on the feat, the Comptroller-General of Customs, Col, Hameed Ibrahim Ali (Rtd), described it as a result of resolute pursuit of what is right rather than being populist by compromising national interest on the altar of individual or group interests.

He said the service revenue generation profile had continued to be on the rise annually as the ongoing reforms in the Service insists on strategic policies.

Ali said those policies includes the strategic deployment of officers strictly using the standard operating procedure, strict enforcement of extant guidelines by the tariff and trade department, and the automation of the Customs process thereby, eliminating vices associated with the manual process.

https://www.dailytrust.com.ng/customs-generates-n1-3tr-in-2019-exceeds-target-by-n404bn.html?

13 Likes 3 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by ManirBK: 1:01pm On Jan 12, 2020
The likes of Col.Ali is what Nigeria need to progress, his resolute doggedness in pursuing import,export and border related crimes & its actors save our economy and makes him an icon worthy of emulation,the leadership qualities he display steer the custom service to excellence and says a lot to what the present led administration stands for.Sai Buhari sai nextlevel

64 Likes 8 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by Davash222(m): 1:08pm On Jan 12, 2020
Good.
So, why is Buhari borrowing

107 Likes 10 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by bigiyaro(m): 1:17pm On Jan 12, 2020
everyday we'll be hearing all these bull shit, we want also hear how the money was spent.

19 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by Commentor: 1:43pm On Jan 12, 2020
Davash222:
Good.
So, why is Buhari borrowing

Same reason America borrows.

59 Likes 6 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by muykem: 2:06pm On Jan 12, 2020
Border closure help a lot.

9 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by GamalNasser: 2:43pm On Jan 12, 2020
Convert this figure to dollars you will see the Nigerian customs of has been in reality earning less since 2014 .. in 2014 Nigerians customs revenue was 978. Billion naira and when converted into 2014 dollar it comes to 5.9 billion dollars and the compare with a conversion of 2019 revenue of 1.3 trillion naira which comes to 3.6 billion dollars meaning there is a drop in value of 2.3 billion dollars which means the customs is actually earning far less ... Buhari is a total failure

175 Likes 23 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by sammyj: 2:47pm On Jan 12, 2020
I hope this government will put this revenue into the Budget rather than diverting it to the wrong pockets!!! shocked shocked grin

4 Likes 2 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by GamalNasser: 2:58pm On Jan 12, 2020
muykem:
Border closure help a lot.

Did we really earn more ? You guys went to school please put your brains to use

11 Likes 2 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by GamalNasser: 2:59pm On Jan 12, 2020
ManirBK:
The likes of Col.Ali is what Nigeria need to progress, his resolute doggedness in pursuing import,export and border related crimes & its actors save our economy and makes him an icon worthy of emulation,the leadership qualities he display steer the custom service to excellence and says a lot to what the present led administration stands for.Sai Buhari sai nextlevel

In 2014 customs revenue was 5.9 billion dollars and today it 3.6 billion dollars and you are saying col Ali is needed for progress ...Did you guys go to any school at all?

114 Likes 12 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by helinues: 3:09pm On Jan 12, 2020
Good one

2 Likes

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by helinues: 3:11pm On Jan 12, 2020
GamalNasser:


In 2014 customs revenue was 5.9 billion dollars and today it 3.6 billion dollars and you are saying col Ali is needed for progress ...Did you guys go to any school at all?

Stop listening to Radio biafra for your source of information, Una no go gree.

Nigeria customs generated less than N1tr in 2014

24 Likes 3 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by GamalNasser: 3:18pm On Jan 12, 2020
helinues:


Stop listening to Radio biafra for your source of information, Una no go gree.

Nigeria customs generated less than N1tr in 2014

You see why I maintain you are not smart ? Did I say dey generated above 1 trillion in 2014 ? In 2014 the generated 978 billion naira which was equivalent to 5.9 billion dollars then and your failed Buhari is generating 1.3 trillion naira which his equivalent to 3.6 billion dollars today ..I hope you can rally your brain to see my point this time bro

130 Likes 15 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by helinues: 3:22pm On Jan 12, 2020
GamalNasser:


You see why I maintain you are not smart ? Did I say dey generated above 1 trillion in 2014 ? In 2014 the generated 978 billion naira which was equivalent to 5.9 billion dollars then and your failed Buhari is generating 1.3 trillion naira which his equivalent to 3.6 billion dollars today ..I hope you can rally your brain to see my point this time bro

Why should you be using dollars rate for internal revenue? Are we spending dollars in Nigeria?

Is N1.3tr same as your N978bn?

46 Likes 5 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by GamalNasser: 3:29pm On Jan 12, 2020
helinues:


Why should you be using dollars rate for internal revenue? Are we spending dollars in Nigeria?

Is N1.3tr same as your N978bn?


Because of failed leaders like Buhari who don't understand values all useless currencies are benchmarked against the value of the a more stable currency like the dollar ...why didnt your Buhari borrow from China in Chinese Yen or Naira ...Value is what a sane mind measures not all these trillion toilet paper nonsense that only bamboozles dullards

118 Likes 11 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by helinues: 3:31pm On Jan 12, 2020
GamalNasser:


Because of failed leaders like Buhari who don't understand values all useless currencies are benchmarked against the value of the a more stable currency like the dollar ...why didnt your Buhari borrow from China in Chinese Yen or Naira ...Value is what a sane mind measures not all these trillion toilet paper nonsense that only bamboozles dullards

That's the reason we closed our borders so that we can be self sufficient by producing our local needs while making Naira strong more than before via exporting..

And by the way, hope you are aware Chinese Yen is more useless compared to Nigeria Naira.

19 Likes 4 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by GamalNasser: 3:32pm On Jan 12, 2020
helinues:


That's the reason we closed our borders so that we can be self sufficient by producing our local needs while making Naira strong more than before via exporting..

Is the naira getting stronger? The last time I checked Hell No?

23 Likes 4 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by helinues: 3:36pm On Jan 12, 2020
GamalNasser:


Is the naira getting stronger? The last time I checked Hell No?

At least it is stable while massive local productions are ongoing most especially agricultural products.. This one no be government promises, Na individuals and private companies and they have been testifying..

So where post shifting to again?

18 Likes 3 Shares

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by joyandfaith: 3:48pm On Jan 12, 2020
ManirBK:
The Nigeria Customs Service (NCS) said it generated N1.341 trillion as revenue for the year 2019, exceeding the target of N937 billion by N404bn revenue.
The 2019 revenue generation milestone also exceeded the N1.202tr generated in 2018 by N139.2bn, Customs said in a statement issued by the Public Relations Officer, Deputy Comptroller Joseph Attah.

Commenting on the feat, the Comptroller-General of Customs, Col, Hameed Ibrahim Ali (Rtd), described it as a result of resolute pursuit of what is right rather than being populist by compromising national interest on the altar of individual or group interests.

He said the service revenue generation profile had continued to be on the rise annually as the ongoing reforms in the Service insists on strategic policies.
Ali said those policies includes the strategic deployment of officers strictly using the standard operating procedure, strict enforcement of extant guidelines by the tariff and trade department, and the automation of the Customs process thereby, eliminating vices associated with the manual process.https://www.dailytrust.com.ng/customs-generates-n1-3tr-in-2019-exceeds-target-by-n404bn.html? Mynd44 oam4j lalasticlala

we are interested in amount remitted to federation account, not only revenue.

2 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by OdogwuBlog: 4:17pm On Jan 12, 2020
grin
Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by KosyJerry(m): 4:17pm On Jan 12, 2020
Always generating.. where did the money go?? We still borrowing upandan

2 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by decoderdgenius(m): 4:17pm On Jan 12, 2020
This is classic "1984" , a book by George Orwell. Read the book and no longer be deceived by the lies of politicians.

Meanwhile, check out my signature on tips to strengthen your business even in this "audio revenue increase" economy

1 Like 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by belry: 4:18pm On Jan 12, 2020
typing...., good day nairaland

1 Like 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by Lexusgs430: 4:18pm On Jan 12, 2020
Aliexpress buyers follow contribute......... grin

1 Like

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by Cosmatikka: 4:18pm On Jan 12, 2020
But we are still borrowing
Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by Nobody: 4:18pm On Jan 12, 2020
grin
The Nigerian customs and virtually every other revenue generating agency in Nigeria is like an electric conductor with a high resistivity; will receive much current but due to loops and inefficient carriage,delivers so little at the end of the day.

9 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by semyman: 4:18pm On Jan 12, 2020
Great, but customs should not necessarily be about revenue.
Those guys are still criminals

2 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by lonelydora: 4:18pm On Jan 12, 2020
And yet FG and APC are planning to borrow more money.
Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by frowland(m): 4:19pm On Jan 12, 2020
[s]
GamalNasser:
Convert this figure to dollars you will see the Nigerian customs of has been in reality earning less since 2014 .. in 2014 Nigerians customs revenue was 978. Billion naira and when converted into 2014 dollar it comes to 5.9 billion dollars and the compare with a conversion of 2019 revenue of 1.3 trillion naira which comes to 3.6 billion dollars meaning there is a drop in value of 2.3 billion dollars which means the customs is actually earning far less ... Buhari is a total failure
[/s]

4 Likes 1 Share

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by Bossontop(m): 4:19pm On Jan 12, 2020
undecided
Abeg where all dis money dey go because e nor dey show for naija body at all

9 Likes

Re: Customs Generates N1.3tr In 2019, Exceeds Target By N404bn by echelons(m): 4:19pm On Jan 12, 2020
Audio money

7 Likes

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