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Home » Customs declares over N95b as revenue for the month of August 2016
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Customs declares over N95b as revenue for the month of August 2016

Saint AugustineBy Saint AugustineSeptember 14, 2016No Comments2 Mins Read
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The Nigeria Customs Service has said that it collected the sum of N95,760,763,642.04, as revenue for the month of August, 2016.

According to a statement released on Customs website, the amount ranked the highest revenue so far collected in 10 years, a feat it said pointed to the efficacy of the Comptroller-General’s policy thrust.

It stated that the feat was remarkable going by the Forex difficulty, low imports and general economic downturn in the nation today.

It recalled that Col. Hammed Ibrahim Ali (Rtd) on assumption of office as the Comptroller-General of Customs August last year arrived with a three prone Presidential mandate, namely:- Reform, Restructure and Raise revenue.

“To achieve these, he drew his policy thrust, which harped, on Honesty, Integrity and Transparency as bases for achieving the mandate. Starting from the Headquarters and then to all Customs formations across the Country.

“Knowing that reform and restructuring are activities within the Nigeria Customs Service, while raising the much needed revenue requires cooperation and Compliance from the part of Stakeholders, the CGC embarked on Stakeholders visitations to secure their buy into the new way of doing business with the Service.

“After one year at the helm of affairs, the Nigeria Customs Service, revenue generation profile has continued to be on the rise.

“Last month, August 2016, the Service recorded the highest revenue in 10 years despite the Forex difficulty, low imports and general economic downturn. The Service generated N95,760,763,642.04, a feat that points to the efficacy of the Comptroller-General’s policy thrust.

“The strong stance of the CGC on issues of Discipline, Integrity and Strict adherence to Customs Codes and Clearance procedures is yielding positive results in the areas of suppression of smuggling and revenue collection”, the statement said.

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

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