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Wednesday, September 14, 2016

Nigeria Customs Service Collected Over N95b in August

‘Customs collected over N95b in August’
The Nigeria Customs Service (NCS) has collected N95.7 billion in August, its highest collection in the last 10 months.
Its Public Relations Unit on its website yesterday, said: “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.”
According to the statement, the strong position of the Comptroller-General’s on the 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 reads in part: “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.
“After one year at the helm of affairs, the NCS, 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 CG’s policy thrust.
“The strong stance of the CG 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.”

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