Customs Hits N1trn Highest Revenue Collection — Leadership Newspaper
Connect with us
Advertise With Us

BUSINESS

Customs Hits N1trn Highest Revenue Collection

Published

on


By Suzan Nwachukwu, Abuja

The Nigeria Custom Service (NCS) has recorded the highest revenue collection ever of N1.012 trillion against the set target of N770.5 billion for year-end 2017.

Apart from being the highest revenue ever recorded by the service, the spectacular performance shows N241.6 increase (23.9 per cent) over the year’s target and well above the N898.6 collected in 2016.

Customs Public Relation Officer, Mr Joseph Attah, while briefing newsmen on the remarkable feat in Abuja, yesterday, said the service, through dogged implementation of the Presidential mandate to restructure, reform and raise revenue, undertook some strategic measures in terms of restructuring and repositioning the Service for efficient service delivery which ultimately resulted in the historic revenue figure from the Service this year.

According to him, the success was recorded despite the economic recession experienced earlier in the year with low volume of imports, occasioned by restriction placed on 41 items from accessing forex.

He said: “To achieve this feat, the CGC maximised the potentials of automation through monitoring, tracking infractions, blocking and recovering lost revenues, reinvigorated the anti-smuggling operations, setting up three Compliance Team to serve as the third layer of security and a regime of prompt reward for hard work and punishment for wrong-doing.”

“He strategically redeployed officers and men, overhauling and re-training the operatives of the Customs Intelligence Unit and transparent promotion process strictly based on merit.”

According to him, since this year, the Service has engaged in ruthless anti-smuggling operations that saw the seizures of the spectacular 2,671 pump action riffles, dangerous drugs, rice, exotic and non-exotic vehicles among others.

The Customs PRO said these operations resulted in over 4000 assorted seizures with over 811 billion in value and 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.

The NCS also said that despite this difficult situation, it has made several efforts to deliver, sometime even at the risk of sustaining serious injuries and or even death.

‘‘It is imperative to state that the Service would have performed better if not for paucity of funds. 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.” he said.

Regretting that sadly, six Officers of the service fell in the line of duty, he assured that the Service will continue to motivate the workforce towards selfless pursuit of NCS and nation’s goals.



Copyright LEADERSHIP.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: editor@leadership.ng







Advertisement
Comments

MOST POPULAR