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

PDP National Convention: Makinde Declares ‘Turnaround’ On The Horizon

Oyo State Governor, Seyi Makinde, has declared that the...

PDP Cleans House: Wike, Fayose, Anyanwu, Others Expelled

In a major shake-up, the Peoples Democratic Party (PDP)...

Barrister Bilaah Appointed Grand Imam of Oyo: A Well-deserved Choice – Agunbiade

Ambassador Mallam Ibrahim Agunbiade has congratulated Barrister Bilal Akinola...

Categories

spot_img

Celebrating Dr Adesola Kazeem Adeduntan, FCIB, FCA, As UI Honours The True Trailblazer In Nigeria And Africa’s Financial Sector With DSc (Honoris Causa)

By Tunji Oladejo For Dr Adesola Kazeem Adeduntan, "Leadership is not about being the best; it's about making others better." He served with considerable credit...

Celebrating Dr Adesola Kazeem Adeduntan, FCIB, FCA, As UI Honours The True Trailblazer In Nigeria And Africa’s Financial Sector With DSc (Honoris Causa)

By Tunji Oladejo For Dr Adesola Kazeem Adeduntan, "Leadership is not about being the best; it's about making others better." He served with considerable credit...

PDP National Convention: Makinde Declares ‘Turnaround’ On The Horizon

Oyo State Governor, Seyi Makinde, has declared that the ongoing Peoples Democratic Party (PDP) National Convention in Ibadan will be remembered as a turning...

LEAVE A REPLY

Please enter your comment!
Please enter your name here