November 13, 2024
By Idris Buba
The Nigeria Customs Service on Tuesday, announced that it has collected about N5.7 trillion in revenue as at November 12, 2024 exceeding it annual target for this year.
The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the ongoing 2024 Comptroller-General of Customs Conference, themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose.”
Adeniyi expressed optimism about the service’s capacity to achieve more for the economy.
The customs boss, said “Our strategic engagements and collaborative approaches have yielded remarkable results across our core statutory responsibilities. I am pleased to announce that, as of 12 November 2024 at exactly 13:10 Hrs, the NCS hit its 2024 revenue target of NGN 5.07tn, collecting NGN5.079tn with more than a month remaining in the fiscal year.
READ MORE; Nigeria Customs Seizes 22 Containers with Illicit Goods in Onne.
Highlighting the service’s strides in trade facilitation, Adeniyi noted that six beneficiaries of the Authorised Economic Operators programme have been carefully selected.
He noted that 21 requests have been processed under an advance ruling programme aimed at fostering quicker customs decision-making on import and export cargoes prior to their arrival at the ports.
The Comptroller-General also stated that the service’s time release study has advanced towards achieving 24-hour cargo clearance and reduced dwell time at the ports.
