Customs exceeds revenue target, rakes in N2.2trn

Nigeria Customs Service (NCS) generated the sum of N2,240,880,308,195.77 in 2021.

The revenue generated surpassed the target of N1,678,715,016,014.00 set for the year.

In 2020, the Service generated N1,562,115,419,216.32 representing 43.45% increase.

Speaking on the development, the Comptroller-General of Customs, Col, Hameed Ibrahim Ali (Rtd) described it as a result of resolute pursuit of what is right and willingness to adapt to changes brought about by global health challenges occasioned by COVID-19.

Ali stated that the revenue generation profile of the Service has continued to be on the rise annually as a result of ongoing reforms such as:

*Strategic deployment of officers strictly using the standard operating procedure.

*Strict enforcement of extant guidelines by the tariff and trade department.

READ ALSO: Apapa Customs Command generates N89bn in November

*Automation of the Customs process thereby eliminating vices associated with the manual process.

*Robust stakeholder sensitization resulting in more informed/voluntary compliance.

*Increased disposition of officers and men to put national interest above selves.

Meanwhile, the Service seized 5,096 assorted items with a duty paid value of N13,796,646,685.60.

Also, 160 suspects are facing different levels of investigation or prosecution.

TheStar