The Nigeria Customs Service (NCS) has hit N5.7tn annual revenue target as of Tuesday, 12 November 2024.
The Comptroller-General of Customs (CGC), Adewale Adeniyi, disclosed this on Wednesday during the opening ceremony of the ongoing 2024 Comptroller-General of Customs Conference in Abuja.
The conference themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose” had prominent government officials, government agencies and several other stakeholders in attendance.
Adeniyi who expressed optimism about the service’s capacity to achieve more results for the economy in terms of revenue generation, said: “Our strategic engagements and collaborative approaches have yielded remarkable results across our core statutory responsibilities. I am pleased to announce that, as of 12 November 2024 at exactly 13:10 Hrs, the NCS hit its 2024 revenue target of NGN 5.07tn, collecting NGN5.079tn with more than a month remaining in the fiscal year.”
While also shedding light on the NCS’ strides in trade facilitation, the CGC noted that six beneficiaries of the Authorised Economic Operators programme had been carefully selected.
Adeniyi also disclosed that 21 requests had been processed under an advance ruling programme targetted at fostering quicker Customs’ decision-making on import and export cargoes prior to their arrival at the ports.
CGC Adeniyi attributed the exceptional performance projected to surpass the revenue goal by 10%, to a partnership-driven strategy in revenue collection and trade facilitation.
He said: “This validates our approach and commitment
In addition to the Customs Service’s revenue generation drive and achievements, Adeniyi stressed that the Service had started taking significant steps in human capital development through establishment of a Customs University.
He described the university as a testament to the NCS’s dedication to building a knowledge-driven Service that would align with the World Customs Organisation’s focus on youth leadership development.
He noted that the initiative would strongly reinforce and complement a broader talent management programme designed to prepare officers for leadership roles through knowledge and professional skills that the university would guarantee when established.
