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Customs record highest revenue ever

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The Nigeria Customs Service announced on Thursday that it recorded its highest revenue collection ever with a total of N1.01tn in the 2017 fiscal year.

The Public Relations Officer, NCS, Mr. Joseph Attah, said this during a press briefing held at the Customs headquarters in Abuja.

Attah, who described the revenue performance as spectacular, noted that the N1.01tn was collected with about five working days to the end of the 2017 fiscal year.

He said the revenue collection for this year was N241.68bn higher than the target of N770.57bn set for the 2017 year.

The actual revenue, according to him, is above the N898.67bn collected in 2016.

Attah stated that the agency recorded the revenue collection despite the economic recession experienced earlier in the year with low volume of imports, which was caused by restrictions placed on 41 items from accessing foreign exchange.

“With dogged implementation of the presidential mandate to restructure, reform and raise revenue, the Nigeria Customs Service has recorded the highest revenue collection ever of N1,012,259,006,779.94 with five more working days to the end of 2017,” he noted.

To achieve the revenue collection target, Attah said the Comptroller-General of Customs, Col.  Hameed Ali (retd.) took some measures, including the strategic redeployment of officers and men of the service, overhauling and retraining of operatives of the Customs intelligence unit, and a regime of prompt reward for hard work and punishment for offenders

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