The Nigeria Customs Service (NCS) has so far generated a total sum of N2.14 trillion in 2022, At the current rate, the agency may not meet up its revenue target of N3.019 trillion with barely two months left in this year.

Comptroller general of the Nigeria Customs Service, Hamid Ali, who disclosed the agency’s revenue performance yesterday, at ministerial briefing organised by the Presidential communication team at the presidential villa, however, maintained that its target for the current year remains to raise about N3.019 trillion.

“We have moved our revenue from N876 billion to N2.14 trillion as at today. We are pushing to achieve N3,019 trillion target by the end of the year, in 2022. But in the worst case scenario, we will hit nothing less than N2.5 trillion at the end of the year.

Ali disclosed that the revenue profile of the Agency was boosted by the imposition of carbonated drinks tax by over 10 per cent,” he said.

He also revealed that the agency has sacked about 2000 of the Agency’s staff in the last seven years.

Ali also said that the agency’s corporate headquarters valued at N19 billion is ready and will be commissioned in the next few weeks by President Muhammadu Buhari.
 

Customs CG, who noted that the Agency was facing a tough fight against smuggling, added that smugglers are getting more sophisticated in terms of operation and are now using submachine guns, while his men use the regular AK 47 rifles

Ali while speaking on efforts to curb smuggling, noted that the Agency  acquired 75 five gear vehicles, which are very effective for anti-smuggling operations as well as gun boats to help combat smuggling

“We have been acquiring speed boats we have taken delivery of new boats, additional 14 built for the creeks and high sea anti-piracy operations.

On efforts to boost revenue, Ali stated that the Nigeria Customs is already working on full electronic automation platform to enable connect to global best practices that will also help monitor Nigeria’s borders.

He noted that the automation platform is ready and will be commissioned any moment by the Minister of Finance, Budget and National Planning.

Ali revealed that once operational, it will improve the Agency’s operations, including blocking revenue leakages

He disclosed that the entire operating process will be automated, to enhance speedy processing and clearance of goods and services.

Ali said the e-platform which is expected to boast revenue growth by about 30 per cent will cost about $3.8b being invested in 20 years, with a projected total revenue $176 billion.

“This is a major key component of the federal government’s diversification program expected to help boost revenue generation, Security and align our processes with the global best practices”

“We are working to perfect this electronic operations, with a system that will help us to identify and block leakages, improve revenue, deal with insecurity along our borders and align our operations with global best practices”

“It will enable clearance of goods and services faster at the ports, with out human interventions and manipulations by dishonest importers and Customs agents

“We are also looking at the fiscal and monetary policy enforcement, while also making sure that we collect whatever is collectible.

He commended President Buhari for banning rice importation, adding that  a lot of rice is being smuggled into Nigeria through the Benin Republic borders, which is the highest importers of the rice.

 


https://leadership.ng/customs-generates-n2-14trn-in-10-months/

Generate to loot....

Why dem no go generate wen the exchange rate don shoot up....

The only agency doing great job in Nigeria at present is Nigeria Custom. Kudos.

thats still not bad....

If Nigeria Customs can generate this amount, our corrupt NNPC ought to generate 10 trillion.

inoki247:
Generate to loot....

Why dem no go generate wen the exchange rate don shoot up....

can you keep quiet....??
all what we hear from you people is loot,corruption....

when jonathan was in charge una didnt make this much noise....

awon olomo alaba....

tsdarkside:


can you keep quiet....??
all what we hear from you people is loot,corruption....

when jonathan was in charge una didnt make this much noise....

awon olomo alaba....

lol oga rest why u dey cry....


u think I don't appreciate d Govt in dere own little way I can see how some Africans country are doing right now as economy bad and I see say Nigeria Govt are really trying na wu no see m.....

if u step outside the country u will know the Govt are really working in dere own little way..

Buh that one no mean say make we still no criticize if we feel the revenue surge we need more....

Customs under Col. Ali (Rtd) has been absolutely fantastic !
I recall how the Saraki-led Senate fought him seriously then to force him to wear uniform using Sen. Dino Melaye to attack him. It was later we got to know that he impounded expensive luxury cars from Sen Saraki until Saraki paid the roght duty on those expensive toys he imported from overseas.

Col Ali is a true patriot that has remained incorruptible till date right from his military days. Little wonder, he was one of the only first few appointment PMB made even before constituting his cabinet.
check my signature for free stuffs!

If they added the bribe they collected it would have been up to 10 trillion

The Igbo traders and importers that are majorly responsible for these enermous revenues generated through import duties at the different ports in the country together with the atendant VATs from sundry taxations, should be celebrated for their doggedness and their economic importance to the country! For a long time in this country, importers have been lampooned and lambasted and pilloried to no end as if they're the devils. Yet they're the ones carrying the country on their shoulders. Traders are made to cough up a huge sizeable chunk of their incomes through outrageous duties imposed by a delinquent tax and spend government. No one makes a case for them at the center. Duties keep rising.., they NEVER go down for once!

Respecting these traders for their great contribution to save poor Nigerians has even become more important these days mas Nigeria suffers the net effects of poor administration. As it stands today, all of Nigerias oil and gas earnings go to the servicing of dubious loans borrowed by the same Buhari regime that treats traders with disdain but pampers Fulani herders that can never pay taxes! With all Oil earnings going into servicing debts, monthly allocations to states now depends almost entirely on duties collected at the ports and sundry areas! That's how foundamentally important these business men are to the country. A majority of them are igbos and are being bullied at Alaba as we speak. Nigeria should worship them and not despise them.

tsdarkside:


can you keep quiet....??
all what we hear from you people is loot,corruption....

when jonathan was in charge una didnt make this much noise....

awon olomo alaba....

You always have an opinion when it comes to sharing money, which part of the money making process do you contribute to? You sell your Cocoa and keep the cash. Your cousins sell their gold and keep their cash too. But you want to pontificate on how cash from Oil sells and import duties should go. What's your percentage contribution in those areas? Why do we always see you when it's time to share money and not when it's time to work?