Close Menu
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Trending
  • Let Technology Lead The Way, CGC Adeniyi Urges Officers At ICT Retreat In Abuja
  • Tanzania Pledges Support For Nigeria’s IMO Category C Bid
  • Trade: Nigeria, Benin Republic Customs To Address Diversion, Fraud With SIGMAT Deployment
  • NCC Undertakes Benchmarking Visit To Ghana (Photo News)
  • Enelama Is An Asset, God Fearing, NAGAFF Board Member, Onunji Celebrates Chairman At 70
  • Onne Port: ANLCA Eastern Zone Lampoons AMATO Over Comment On E-Call Up System
  • NIMASA DG, Mobereola Assures On Operational Excellence, Staff Welfare
  • Aniebonam Eulogizes Chidiebere Enelama As NAGAFF Celebrates Board Chairman At 70
Prime Time Reporters
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Prime Time Reporters
Home » Customs hits N1.1 trillion revenue in 2017
Business

Customs hits N1.1 trillion revenue in 2017

Saint AugustineBy Saint AugustineDecember 21, 2017No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

…Looses six officers in the line of duty

Barely five working days to end the year 2017, the Nigeria Customs Service (NCS) has recorded the highest revenue in its over 50 years history.

This is as the service posted N1,012,259,006,779.74 (One Trillion, Twelve Billion, Two Hundred and Fifty-Nine Million, Six Thousand, Seven Hundred and Seventy-Nine Naira, Seventy-Four Kobo) as against the N898,673,857,431.07 (Eight Hundred and Ninety-Eight Billion, Six Hundred and Seventy-Three Million, Eight Hundred and Fifty-Seven Thousand, Four Hundred and Thirty-One Naira, Seven Kobo) recorded in 2016.

According to the National Public Relations Officer of the Service, DC Joseph Attah who briefed the press today in Abuja in the development, the record showed that the revenue rose by N241,685,276,289.74 (Two Hundred and Forty-One Billion, Six Hundred and Eighty-Five Million, Two Hundred and Seventy-Six Thousand,Two Hundred and Eighty-Nine Naira, Seventy-Four Kobo) over the N770,573,730,490 (Seven Hundred and Seventy Billion, Five Hundred and Seventy-Three Million, Seven Hundred and Thirty Thousand, Four Hundred and Ninety Naira) target for the year.

He said,”Despite the economic recession experienced earlier in the year with low volume of imports, occasioned by restriction placed on 41 items from accessing forex, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) undertook some strategic measures in terms of restructuring and repositioning the Service for efficient service delivery which resulted in this historic revenue figure from the Service this year.

“To achieve this feat, the CGC took the following measures among others: strategic redeployment of officers and men, overhauling and re-training of the operatives of the Customs Intelligence Unit, maximizing the potentials of automation through monitoring, tracking infractions, blocking and recovering lost revenues, re-invigoration of anti-smuggling operations, setting up a Compliance Team to serve as the third layer of security, a regime of prompt reward for hard work and punishment for wrong-doing, transparent promotion process strictly based on merit and deliberate and sustained sensitization/stakeholder engagements across the country, e.t.c.

“These and other administrative measures of the current Management of the Service continues to motivate the workforce towards selfless pursuit of NCS and indeed the nation’s goals.

“Ruthless anti-smuggling operations which resulted in over four thousand (4000) assorted seizures with over N11 billion in value also helped to increase levels of compliance in terms of honest declarations and correct payment of duties by traders to avoid loss of their goods and possible jail term. These seizures include the spectacular 2,671 pump action riffles, dangerous drugs, rice, vehicles e.t.c.

“It is imperative to state that the Service would have performed better if not for paucity of funds.

“Despite this difficult situation, NCS strives to deliver, sometime even at the risk of sustaining serious injuries and/or even death. Sadly, in the process of enforcing the laws, 6 officers fell in the line of duty this year.

“While 2017 draws to an end with rich harvest of seizures and high revenue collection for the federal government, the service is not unmindful of the activities of unpatriotic elements that are still bent on sabotaging the fiscal policies of government, especially in the areas of rice and vehicles smuggling through the land borders.

“Accordingly, the CGC has directed sustained onslaught against smugglers especially at this festive period. He however in the spirit of the season, enjoyed all stakeholders to reflect on the values of patriotism and resolve to avoid all forms of smuggling.

“From the performances of the NCS in the out-going year 2017, it is clear that given the right leadership and better support from Nigerians, NCS will continue to play a more pivotal role in the security and economic well-being of the nation”.

Send your news, press releases/articles to augustinenwadinamuo@yahoo.com. Also, follow us on Twitter @reportersinfo and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526, 08053908817.

Col. Hameed Ali (rtd.) 2017 Revenue DC Joseph Attah Nigeria Customs Service
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNIMASA offers automatic employment to 20 cadets with distinctions
Next Article NAGAFF Elections: Aniebonam endorses Okoro-Obi for Tincan Chapter Chairman
Saint Augustine
  • Website
  • Facebook
  • X (Twitter)

Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

Related Posts

Let Technology Lead The Way, CGC Adeniyi Urges Officers At ICT Retreat In Abuja

May 20, 2025

Trade: Nigeria, Benin Republic Customs To Address Diversion, Fraud With SIGMAT Deployment

May 20, 2025

Q1: Cadbury Nigeria Records 182% Increase In Profit

May 17, 2025
Leave A Reply Cancel Reply

Recent Posts

Let Technology Lead The Way, CGC Adeniyi Urges Officers At ICT Retreat In Abuja

May 20, 2025

Tanzania Pledges Support For Nigeria’s IMO Category C Bid

May 20, 2025

Trade: Nigeria, Benin Republic Customs To Address Diversion, Fraud With SIGMAT Deployment

May 20, 2025

NCC Undertakes Benchmarking Visit To Ghana (Photo News)

May 20, 2025

Enelama Is An Asset, God Fearing, NAGAFF Board Member, Onunji Celebrates Chairman At 70

May 20, 2025
© 2025 Copyright Primetime Reporters.
  • Home
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.