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Customs Generates N3.2 Trillion Revenue In 2023 - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsCustoms Generates N3.2 Trillion Revenue In 2023 (3606 Views)

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Customs Generates N3.2 Trillion Revenue In 2023 by Azeemokoya(op): 3:01pm On Jan 11, 2024
The Nigeria Customs Service (NCS) achieved a significant milestone in the fiscal year 2023, exceeding expectations by reporting a total revenue collection of N3.2 trillion.

Comptroller-General of Customs Service, Bashir Adeniyi, disclosed this achievement on Wednesday at the Customs Corporate Headquarters in Abuja.

He emphasised that this impressive figure reflects a noteworthy 21.4% increase compared to the previous year’s revenue of N2,641,616,673,501.83, underscoring the Service’s consistent upward trajectory.

Despite operational challenges such as lower transaction volumes, compliance issues, and socio-political factors, Adeniyi highlighted the NCS’s resilience in adapting to dynamic economic conditions.

“Delays in policy implementation and major changes in government direction, including the removal of fuel subsidy and border closures, added complexity to the operational landscape,”
he said.
http://newsroundtheclock.com/customs-generates-n3-2-trillion-revenue-in-2023/

Re: Customs Generates N3.2 Trillion Revenue In 2023 by Flowers234(f):
Meanwhile we are still suffering. God please
Re: Customs Generates N3.2 Trillion Revenue In 2023 by vesselchino(f): 7:08am On Jan 12, 2024
H
Re: Customs Generates N3.2 Trillion Revenue In 2023 by kiddkash(m): 7:08am On Jan 12, 2024
They said there would be reduction in cost of clearing goods, but online people ate it up.

None of you are on the ground to see that import duties even increased and some dubious and corrupt officials keep stealing from people
Re: Customs Generates N3.2 Trillion Revenue In 2023 by englishmart(m): 7:08am On Jan 12, 2024
The reason the president can't hold thieves in other parastatals accountable is that he's a bigger thief and most of the leaders of those parastatals have damning evidence on him.
See how much customs generate, yet we borrow to fund budgets.
Do you have any idea how much the police force extorts, and in some cases forcefully obtains from civilians?
That should be enough to find a decade budget.
Do you know how much Tinuhu paid Chicago State University to enshroud his certificate fraud?
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Gujevi: 7:09am On Jan 12, 2024
3.2 trn??
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Hermaphrodite2: 7:09am On Jan 12, 2024
After all the embezzling. They still got the trillions
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Marvieduke(f): 7:09am On Jan 12, 2024
To me that figures they mentioned is small they should give us the real figures.
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Airlohim(m): 7:09am On Jan 12, 2024
With this, nobody should talk about borrowing any money this 2024. We have more than enough from last year, coupled with this year's own.


Foolish lying bastards
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Didi2d(m): 7:09am On Jan 12, 2024
Where the money go?
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Parable007: 7:10am On Jan 12, 2024
All these trillions made I pray we'll see the impact on our economy
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Promise47(m): 7:10am On Jan 12, 2024
Nigeria custom na other corrupt bodies again
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Sundaland: 7:11am On Jan 12, 2024
Mike Adenuga Returns As Second Richest Nigerian After His Net Worth Hit $7.4B!
N8,880,000,000,000!!
https://latestnewsng.com/2024/01/mike-adenuga-networth-rises-to-7-4bn-forbes/

Re: Customs Generates N3.2 Trillion Revenue In 2023 by DMerciful(m): 7:11am On Jan 12, 2024
Amoda is just copying Bubu, propaganda for propaganda!

How much is the real value?
Re: Customs Generates N3.2 Trillion Revenue In 2023 by datola: 7:12am On Jan 12, 2024
More money for the people in government to loot.
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Cassandraloius: 7:12am On Jan 12, 2024
shocked
Re: Customs Generates N3.2 Trillion Revenue In 2023 by TANID(m): 7:18am On Jan 12, 2024
Aside from the One that Would Not Be remited to govement account
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Jamiubond009(m): 7:21am On Jan 12, 2024
grin compare the two figures using the prevailing price of the dollar during the two periods
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Jamiubond009(m): 7:21am On Jan 12, 2024
grin grin
Re: Customs Generates N3.2 Trillion Revenue In 2023 by walozanga(m): 7:23am On Jan 12, 2024
Where was the money channelled
Re: Customs Generates N3.2 Trillion Revenue In 2023 by BucketHat(m): 7:23am On Jan 12, 2024
So why go borrowing outside when this hugeeeeee money is generated from custom ?

Re: Customs Generates N3.2 Trillion Revenue In 2023 by COMPAQ(m): 7:24am On Jan 12, 2024
englishmart:
The reason the president can't hold thieves in other parastatals accountable is that he's a bigger thief and most of the leaders of those parastatals have damning evidence on him.
See how much customs generate, yet we borrow to fund budgets.
Do you have any idea how much the police force extorts, and in some cases forcefully obtains from civilians?
That should be enough to find a decade budget.
Do you know how much Tinuhu paid Chicago State University to enshroud his certificate fraud?
Oga calm down! How much is N3.2trln. That's just $3bln! What is that supposed to do for the entire country for an entire year. Some premier league clubs built stadium for $1bln.
Re: Customs Generates N3.2 Trillion Revenue In 2023 by HeroicMeastro: 7:27am On Jan 12, 2024
englishmart:
The reason the president can't hold thieves in other parastatals accountable is that he's a bigger thief and most of the leaders of those parastatals have damning evidence on him.
See how much customs generate, yet we borrow to fund budgets.
Do you have any idea how much the police force extorts, and in some cases forcefully obtains from civilians?
That should be enough to find a decade budget.
Do you know how much Tinuhu paid Chicago State University to enshroud his certificate fraud?
If you are ignorant of how a country's economy work, it is better to be quiet and just watch, don't just comment like an illiterate.
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Integrafamoo: 7:30am On Jan 12, 2024
Azeemokoya:
http://newsroundtheclock.com/customs-generates-n3-2-trillion-revenue-in-2023/
They are generating money for looters by increasing custom duties. Hence outrageous increase in every cost of goods.
Re: Customs Generates N3.2 Trillion Revenue In 2023 by hedonido: 7:35am On Jan 12, 2024
Jokers. What goes into the private pockets of the NCS personnel via corrupt practices would be at least thrice the declared paltry N3.2trn annual revenue. Another thrice the revenue is lost to incompetence, wilful negligence, and sabotage. So there you go.
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Fearyourcreator: 7:41am On Jan 12, 2024
Parable007:
All these trillions made I pray we'll see the impact on our economy
The money is very small
Re: Customs Generates N3.2 Trillion Revenue In 2023 by GreaterfutureII(m): 7:44am On Jan 12, 2024
Multiply it by 3, that's the actual amount they made
Re: Customs Generates N3.2 Trillion Revenue In 2023 by ExplorerReturns(m): 8:02am On Jan 12, 2024
There is no increase in revenue. Naira was just weak. Check the dollar value of what they generated in 2022 vs 2023 and you would find out that there was actually no rise in revenue
Re: Customs Generates N3.2 Trillion Revenue In 2023 by Niok: 8:08am On Jan 12, 2024
Where did all that money go to
1 2 Reply

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