Business is booming.

Surplus in Pandemic: Nigeria Customs Service Generated N1.563tn in 2020

Nigeria Customs Service (NCS) has said over N1.562 trillion was generated as revenue in the year 2020 despite the Covid-19 pandemic.

Comptroller-General of Customs (CGC), Col, Hameed Ali, who disclosed this in a statement on Wednesday, said the figure surpassed the target for the year as well as revenue generated in 2019.

“The service generated the sum of N1,562,115,419,216.32 for the year 2020. Amount generated is over the target of N1,380,765,353,462.00 over the sum of N1,342,006,918,504.55 generated in 2019 despite the covid-19 pandemic,” he said.

Ali in the statement signed by the Customs Public Relations Officer (PRO), Joseph Attah, maintained that the feat was achieved through the resolute pursuit of what is right and willingness to adapt to changes brought about by global health challenges occasioned by covid-19.

Read also: Biden unveils environmental policies for U.S., world as he prepares for inauguration

He further stated that the partial border closure which has forced cargoes that could have been smuggled through the porous borders to come through the sea and airports, also raised revenue collection from ports.

“The service revenue generation profile has continued to be on the rise annually as the ongoing reforms in the Service insist on strategic deployment of officers strictly using the standard operating procedure, Strict enforcement of extant guidelines by the tariff and trade department, automation of the Customs process thereby eliminating vices associated with the manual process, robust stakeholder sensitization resulting in more informed/voluntary compliance, and increased disposition of officers and men to put national interest above selves, ” Ali said.

He added that before the commencement of the border drill on August 20, 2019, revenue generation was between N4 billion to N5 billion but now NCS generate between N5 billion to N9 billion daily.

The CGC noted that diplomatic engagements that took place during the partial land border closure yielded many positive results, including commitment to comply with the ECOWAS Protocol on Transit. Operationalization of joint border patrols at both sides of the border.

“The teams are required to share intelligence and ensure prevention of transit of prohibited goods into the neighbor’s territory. Accordingly, the service wishes to express its readiness to strictly implement the outcome of the diplomatic engagements as the land borders open for movement of cargoes.

“Intelligence gathered during the period and the introduction of the e-Customs whose components include installation of scanners at all entry points will enhance border security and boost national trade facilitation,” he said.

On the availability of scanners to aid the ease of doing business, Ali said the Ministry of Finance has purchased three new Scanners, while the Central Bank of Nigeria (CBN) has also expressed commitment to purchasing four Scanners and establish the control center for monitoring all scanning sites in their bid to boost national economy, especially agricultural sector.

The Customs boss said: “This means that within the next six months, NCS will have about seven functional Scanners to be mounted at strategic entry points even before the full deployment of e-Customs components which will see to the deployment of 135 modern Scanners.

“NCS appreciates and commends the leadership of CBN for this strategic intervention in the interest of the nation. In the same vein, the Service efforts to prevent the entry of items that could compromise the Security of our citizens, economy and the wellbeing of our people resulted in the seizures of 4,304 assorted items with a duty paid value of N28,287,285,847.52.

“These seizures include arms, ammunitions, illicit drugs, used clothing, vegetable oil, frozen poultry and foreign rice among others that have grave consequences on economy security and wellbeing of Nigerians.

“While we give assurances of total commitment to the course of protecting national security and economy, we call on Nigerians, especially the business community to support the NCS as our borders open to African Continental Free Trade Agreement (AfCFTA) in order to benefit from the trade agreement and other cross border activities.”

THE DAILY TIMES

Quality journalism costs money. Today, we’re asking that you support us to do more. Support our work by sending in your donations.

The donation can be made directly into NatureNews Account below

Guaranty Trust Bank, Nigeria

0609085876

NatureNews Online

Leave a comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Footer Image