Customs Generates 1.2 Trillion Naira In 2018
Apart from the Nigeria National Petroleum Corporation, NNPC, the Nigeria Customs Service and the Federal Inland Revenue Service, are part of the government’s cash cows.
In 2018, the NCS said it generated the sum of 1.2 trillion naira as revenue for the 2018 fiscal period.
The service said this in a statement signed by its Public Relations Officer, Mr Joseph Attah and made available to newsmen on Friday.
The statement said the 1.2 trillion naira was an increase of 164.89 billion naira over the 2017 collection of 1.03 trillion naira.
The Comptroller-General of Customs, Col. Hameed Ali (retd.), described the revenue collected as the result of various reforms implemented by the service.
He said the reforms were anchored on the dogged pursuit of what was right rather than being populist by compromising national interest on the altar of individual or group interests.
The CG said the reforms include: the upgrade of the electronic systems from Nigeria Integrated Customs Information System I to NICIS II, which had blocked leakages.
Other reforms, he said, were the strategic deployment of manpower, strict enforcement of extant guidelines by the Tariff and Trade Department, robust stakeholder engagement resulting in increased compliance and increased disposition of officers and men to put national interest above selves.
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