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Customs records N486bn revenue between January to June 2017

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Business and Economy, Local news
Thursday, 27 July 2017
- Nigerian Customs Service recorded N486 billion in 6 months

- They also recorded 3,798 seizures with a Duty Paid Value of about N7bn in the same period

- They are also beefing up security at the borders, to block all non-revenue leakages

The Nigeria Customs Service has recorded a revenue figure of N486 billion from January to June, as against the N385bn Realized in the same period in 2016.

The Public Relations Officer, NCS, Mr Joseph Attah, gave the figure on Wednesday in Abuja.

Attah said that the service also recorded 3,798 seizures with a Duty Paid Value of about N7bn from January to June.


According to a report by the Nigerian News Agency, the spokesman said that the agency made a seizure of 3,106 with a DPV or about N4bn within the same period in 2016.


Attah attributed the increase in revenue collection and seizure to the Comptroller-General of Customs (CGC) zero tolerance on smuggling and the support given to officers and men to perform effectively.

He said: "You will recall that around November 2016 to February, the CGC embarked on decisive reforms, and there was massive redeployment of officers and men.

"Also, there was the establishment of compliance team that is beefing up security at the borders, to block all non-revenue leakages.


"This is yielding results because when you block revenue leakages, when you effectively police the border and deploy people and resources, what happens is that more smugglers are intercepted, more seizures are made."


He said that when there was an increase in the level of compliance, it would boost the revenue collection of the service.

Meanwhile, Col. Hamid Ali (rtd), the Comptroller-General of Customs, has directed the immediate removal of all illegal Customs checkpoints, across the country.

He issued the directive which was contained in a circular on Monday, July 24, in Abuja, through Mr. A. A. Dangaladima, the acting deputy comptroller of Customs in charge of Enforcement, Inspection and Investigation.


This directive was as a result of the mandate by the Presidential Enabling Business Environment Council (PEBEC) Which Aims to make doing business easier for the private sector.


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Title : Customs records N486bn revenue between January to June 2017
Description : - Nigerian Customs Service recorded N486 billion in 6 months - They also recorded 3,798 seizures with a Duty Paid Value of about N7bn in the...
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