₦airaland Forum

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.

Davash222:
Good.
So, why is Buhari borrowing

muykem:
Border closure help a lot.

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

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?

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

Nigeria customs generated less than N1tr in 2014

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

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

Is N1.3tr same as your N978bn?

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

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..

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

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

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