Customs Surpasses 2024 Revenue Target of #5.07trn, Establishes University

The Nigeria Customs Service, NCS, under the leadership of Bashir Adewale Adeniyi, the Agency’s Comptroller General has surpassed its revenue target for this year.

Bashir Adeniyi disclosed this at the 2024 Comptroller General of Customs’ Annual Conference.

  1. This is just as the agency is making a historic investment in human capital infrastructure through the establishment of a Customs University.
    The conference is themed: “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose”.

The revenue target of the Customs for this year is N5.07 trillion. However, that benchmark was reached yesterday, as the agency has already collected N5,079,455,088,194.38.
This is despite the fiscal year still having a month left before ending.

CGC Adeniyi said: “This exceptional performance – projected to exceed our target by 10% – validates our partnership-driven approach to revenue collection and trade facilitation.

In fulfilling its enforcement mandate, Adeniyi said the NCS has achieved unprecedented success in protecting Nigerians and the country’s economy.

“The scale of our intervention is reflected in seizures valued at NGN 28.1 billion and counting in 2024 alone.

“These seizures span critical areas of national concern – from wildlife items and arms and ammunition to narcotics and pharmaceutical products.

“An important moment in our enforcement strategy was the declaration of a state of emergency at our major ports, which led to the interception of 48 containers of illicit pharmaceutical items and narcotics, significantly disrupting the flow of potentially harmful products”.

According to the Customs boss, the establishment of their university is a testament to the NCS’ commitment to building a knowledge-driven service.

“These initiatives, aligned with the World Customs Organization’s focus on youth leadership development, complement our comprehensive talent management program that identifies and prepares promising officers for leadership roles, ensuring the Service’s continued stability and effectiveness”.

Credit: PRNigeria.com

Ads

spot_img

Don't miss

Domestic Hydrocarbon Production Under President Bola Tinubu, GCFR. Restoring Nigeria’s Energy Strength and Investor Confidence

By Daniel Koussou Chukwuka Nigeria’s hydrocarbon sector is undergoing a...

Okeho Welcomes Future Leaders: FUNATO’s Pioneer Class Arrives

The Federal University of Agriculture and Technology, Okeho (FUNATO),...

IGP Tunji Disu Declares Zero Tolerance on Corruption, Promises Citizen-Centred Police Reform

Acting Inspector‑General of Police Tunji Disu, freshly decorated by President...

President Tinubu Calls for Unity as Lent and Ramadan Converge

With profound reverence to God Almighty, President Bola Ahmed Tinubu greets...

Yoruba Youth Leader, Aare Alawode Urges Unity as Ramadan, Lent Converge

Aare Rahmon Akintunde Alawode, President of the Yoruba Youth Council and Mogaji‑Elect...

Categories

spot_img

Domestic Hydrocarbon Production Under President Bola Tinubu, GCFR. Restoring Nigeria’s Energy Strength and Investor Confidence

By Daniel Koussou Chukwuka Nigeria’s hydrocarbon sector is undergoing a strategic recovery that carries profound implications not only for the nation’s economy, but for Africa’s...

Okeho Welcomes Future Leaders: FUNATO’s Pioneer Class Arrives

The Federal University of Agriculture and Technology, Okeho (FUNATO), is set to ignite a new era of hope as it welcomes its pioneer students...

IGP Tunji Disu Declares Zero Tolerance on Corruption, Promises Citizen-Centred Police Reform

Acting Inspector‑General of Police Tunji Disu, freshly decorated by President Bola Tinubu at the State House, declared that the era of impunity in the Nigeria Police...

LEAVE A REPLY

Please enter your comment!
Please enter your name here