Adeniyi: Customs Monthly Revenue Surged from N202bn to N333.9bn Monthly 

Adeniyi: Customs Monthly Revenue Surged from N202bn to N333.9bn Monthly 

Juliet Akoje in Abuja. 

The Comptroller General of Nigeria Customs Service (NCS), Mr Adewale Adeniyi has disclosed that the service has witnessed an impressive surge of monthly generated revenue from N202 billion to N333.9 billion in the past four months.

Speaking at the national workshop on legislative compliance with the theme: “the imperative of legislative compliance in deepening democracy and good governance,” in Abuja Adeniyi said the NCS has witnessed a substantial increase, with an average monthly collection of N202 billion in the first half of the year that concluded in June.

According to him, the NCS partnership with the legislature had yielded positive outcomes in terms of revenue generation, and that this is by working together to review and enhance customs tariff structures and regulations.

He said, “The NCS had managed to optimize revenue collection, by ensuring that funds were available for national development projects. One of our early achievements has been a remarkable boost in monthly revenue collection. I am delighted to announce that we’ve consistently exceeded the  monthly target collection of 307 Billion Naira, marking a remarkable departure from previous performances.”

Adeniyi said, “the NCS often faced budgetary constraints that limited its capacity to enforce compliance effectively. These limitations could affect the acquisition of modern technology, training, and personnel required for effective enforcement, and support of the ad-hoc activities of the Legislative arm of government.”

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