Mid-Year Report: Customs generates over ₦1trn revenue, extends aircraft verification

0Shares
Mid-Year Report: Customs generates over ₦1trn revenue, extends aircraft verification

The Nigeria Customs Service (NCS) has generated ₦1,003,752,951,735.55 trillion as revenue in six months.

The Service Public Relations Officer, Joseph Attah, made this known while addressing newsmen in Abuja on Thursday.

Attah said the ₦1003,752,951,735.55 trillion was a milestone compared to ₦713,548,395,834.93 billion generated within the same period in 2020.

“Hitting the Trillion-Naira mark within six months is unprecedented in the Service. This feat is as a result of the resolute pursuit of what is right and willingness to adapt to changes brought about by global health challenges occasioned by covid-19.

“The Service revenue profile continues to be on the increase due to ongoing reforms that exploit the potentials of technology.

“This is possible through robust automation of the processes and procedures. Deploys Officers strictly based on the Standard Operating Procedure.

Robust stakeholder sensitization resulting in more informed/voluntary compliance as well as improved working relationship with the National Assembly” he explained.

“As stated by the CGC earlier in the year, it is always the desire of the Service to generate more revenue than what is set for it, given favourable environment.

“NCS will always be willing and happy to break its records as it is in this case of over One-Trillion naira in 6 months,” he said.

Also, Attah disclosed that in line with the recommendations of the tripartite meeting (Benin and Niger) within the period under review, the service effected, a total number of 2,333 assorted seizures with duty paid value at ₦4,442,458,980.00.

On the verification of privately owned aircrafts, he noted that a total number of fifty-eight (58) private aircraft owners complied while several infractions were discovered ranging from breach of temporary importations agreement, non-appropriate payment of duty taxes, adding that defaulters have showed interest to pay while some already commencing the process which prompted the CGC Col Hameed Ibrahim Ali (Rtd) to extend the verification period for 14days i.e. 7th to 20th, July, 2021.

The CGC stated that the NC will continue to insist that all imports and exports activities are done in compliance with extant laws of the lands as no individual is above the law.

Leave a Reply

Your email address will not be published. Required fields are marked *