Nigeria Customs Rakes In 486 Billion Naira In 6 Months
This year surely belongs to Nigeria customs. Many people are asking "So, where has all this money being going?"
In the first 6 months of this year alone, the agency realized 486 billion naira, an amount higher than 385 billion naira it generated over the same period in 2016.
The Nigeria Customs Service's public relations officer, Joseph Attah made this known on Wednesday.
He also said that the service recorded 3,798 seizures with a Duty Paid Value (DPV) of over 7 billion naira from January to June.
This was also greater than the seizures of 3,106, with a DPV of over 4 billion naira within the same period in 2016.
So, in a nutshell, the Nigeria Customs is doing well, financially.
Attah attributed the increase in revenue collection and seizures to the Comptroller-General of Customs' zero tolerance on smuggling and the support given to officers and men to perform effectively.
“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 result because when you block revenue leakages, when you effectively police the border, and deploy men and resources, what happens is that more smugglers are intercepted, more seizures are made,” Attah said.
Also Read: There Is A Shake-Up In Nigeria Customs