The Nation Newspaper Customs collect N1.3tr in Q1 2024, says Adeniyi
He attributed the feat to the dedication of the officers and cooperation with stakeholders, besides the suppression of smuggling and accelerated trade facilitation.
Adeniyi said in January 2024, revenue collection surged by 95.60%, reaching NGN 390,824,148,326.55 from NGN 199,809,974,327.52 recorded in January 2023. He added: “We are pleased to report an average monthly revenue growth of 6.2% over the set monthly target and a cumulative revenue collection of 18.6%, equivalent to NGN 78,675,608,972.75 over the set quarterly target of NGN 1.269 trillion.”On the suppression of smuggling, Adeniyi noted that in the first quarter of 2024, the NCS recorded a total of 572 seizures, encompassing various items valued at NGN 10,593,099,654.50 in Duty Paid Value .
According to him, the figure indicates a decrease compared to the total volume of 327,491 processed in 2023 and 403,233 SGDs in 2022. “A stampede ensued as some eager members of the public sought access to our premises to verify claims that the shared food items, specifically rice, had been exhausted. Regrettably, 4 individuals were fatally injured around the vicinity of the Nigeria Customs Service premises.
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