Nigeria Customs Earns N1.6 Trillion Revenue in 2020

The Nigeria Customs Service earned the sum of N 1,562,115,419,216.32 as revenue into the coffers of the nation in 2020. This was well above the target of N1,380,765,353,462.00 over the sum of N1,342,006,918,504.55 generated in 2019 inspite of the Covid-19 lockdown.
The Comptroller-General of customs, Col. Hameed brahim Ali (Rtd) disclosed this in a press release issued by the service.
Ali said that the service was able to achieve this feat as a result of the ” resolute pursuit of what is right and willingness to adapt to changes brought about by the global health challenges occasioned by Covid-19.”
The CG attributed the rise in revenue generation profile to the current reforms in the service, adding that the service has acquired three new scanners.
According to the CG, ” the partial border closure which has forced cargoes that could have been smuggled through porous borders to come through the sea and airports raised revenue collection from port.”
” Before the commencement of the border drill on 20th August, 2019, the revenue generation was between N4 billion to N5 billion but now the customs generates between N5 billion to N9 billion daily.”
“Diplomatic engagements that took place during the partial land border closures yeilded many positive results, including a commitment to comply with the ECOWAS Protocol on Transit. Operationalization of joint border patrols at both sides of the border.”
“The teams are required to share intelligence and ensure prevention of transit of prohibited goods into neighbouring territory. Accordingly, the service wishes to express its readiness to strictly implement the outcome of the diplomatic engagements as the land borders open for movement of cargoes.”

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