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Business News of Monday, 31 May 2021

Source: portal.nannews.ng

Customs generates N799bn in 5 months

Nigeria Customs Service Nigeria Customs Service

 • The Nigeria Customs Service (NCS) has generated N799 billion

 • Mr Joseph Attah, disclosed this on Monday while addressing newsmen in Abuja

 • He said other reasons were robust stakeholders sensitization, increasing level of compliance from stakeholders

The Nigeria Customs Service (NCS) has generated N799 billion revenue between January and May 2021.

The Public Relations Officer of the Service, Mr Joseph Attah, disclosed this on Monday while addressing newsmen in Abuja.

Attah said that the revenue was higher compared with what was realized in the same period in 2020, adding that there is a positive difference of N226.1 billion.

This, he added, was possible due to the strict implementation of all extant rules governing imports, exports, and excise in the country.

He noted that the strategic deployment of officers and automation of the processes and regulations also contributed to the feat achieved.

According to him, the increasing inclination of officers and men to put national interest above selves also responsible for the improvement of revenue.

He said other reasons were robust stakeholders sensitization, increasing level of compliance from stakeholders, and improved working relation with the National Assembly.

The spokesperson added that the management under the leadership of retired Col. Hameed Ali had continued to take strategic actions that would impact positively on the national economy and security.