Customs In Rakes N5.08trn 

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   Mohammed Shosanya

 

 

The Nigeria Customs Service, NCS, has  generated N5.08 trillion in the first 10months of the year.

 

 

 

Adewale Adeniyi,Acting Controller General of Nigerian Customs Services, NSC,disclosed this at the 2024 CGC’s Annual Conference theme, “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose”.

 

 

 

He said revenue target of the Customs for this year is N5.07 trillion, however, the benchmark was reached in 10months, as the agency has already collected N5,079,455,088,194.38.

 

 

 

According to him,this was possible with seizures valued at N28.1 billion in 10 months, compromising the illicit trade in arms, narcotics, pharmaceuticals and wildlife items.

 

 

 

 

He added:“This exceptional performance projected to exceed our target by 10 per cent validates our partnership-driven approach to revenue collection and trade facilitation.

 

 

 

 

“The scale of our intervention is reflected in seizures valued at NGN 28.1 billion and counting in 2024 alone.These seizures span critical areas of national concern – from wildlife items and arms and ammunition to narcotics and pharmaceutical products.

 

 

 

 

“An important moment in our enforcement strategy was the declaration of a state of emergency at our major ports, which led to the interception of 48 containers of illicit pharmaceutical items and narcotics, significantly disrupting the flow of potentially harmful products”.

 

 

 

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