Business

MMIA Customs surpasses 2024 revenue target, generates N71.6bn

The Murtala Muhammed International Airport (MMIA) Command of the Nigeria Customs Service (NCS) announced that it exceeded its revenue target for 2024, generating a total of N71.6 billion.

The Customs Area Controller (CAC), Comptroller Effiong Harrison, disclosed this in a statement on Friday, January 10, 2025.

Harrison said the command’s target for 2024 was N56.861 billion.

Harrison expressed delight over the record-breaking revenue achieved by the command.

He described the 2024 revenue as unprecedented, noting that it was the highest-ever generated in the history of the command.

The Customs official said: “A detailed breakdown of the revenue underscores the remarkable achievement of the command in revenue generation.

“During a meeting with his management team, the area controller revealed that the command had exceeded its annual revenue target of N56,861,094,269.07 by generating ₦71,633,687,108.84.

“This represents a 20 per cent increase, amounting to N14,772,592,839.27.”

Harrison noted that July 2024, in particular, was a standout month, with the command recording its highest-ever monthly revenue of N12 billion.

Customs announces zero import duty, VAT on CNG, LPG equipment

While comparing the command’s performance in 2023 and 2024, Harrison noted a significant revenue increase of N41.1 billion in 2024 when compared to the N30.5 billion generated in 2023, reflecting a 135 per cent growth.

He added: “I attribute this exceptional performance to the dedication, commitment, and adherence to high operational standards by the officers and men of the command.

“I commend the officers and men of the command for their relentless efforts. It was instrumental in achieving this milestone.

“I want to urge the officers to intensify their efforts to maintain these standards in order to generate more revenue into the government coffers in 2025.”

The MMIA Customs boss expressed gratitude to the Comptroller-General of Customs, Bashir Adeniyi, and his management team for their support to the command.

Harrison extended appreciation to critical stakeholders and other government agencies, acknowledging them as invaluable partners in the command’s success in 2024.

He expressed optimism that the command would achieve greater milestones in fulfilling its core mandates in 2025.

The Star

Segun Ojo

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