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2021 Customs revenue hits N2.3trn

The Nigeria Customs Service (NCS) yesterday disclosed that it has realized over N2.3trillion as revenue for the federal government from January to December 19th, 2021.…

The Nigeria Customs Service (NCS) yesterday disclosed that it has realized over N2.3trillion as revenue for the federal government from January to December 19th, 2021.

The deputy national public relations officer of Customs,  Timi Bomodi disclosed this during the NCS, stakeholders/media engagement on trade facilitation held at the Apapa Command of the service.

Bomodi, who said the service was has surpassed the revenue target of N1.687trillion given to it,  further disclosed that the Apapa and Tin-Can Island Command of the service generated the highest revenue.

He said: “I can confirm to you that we have generated over N2.3trillion meaning we have surpassed our revenue target of  N1.687trillion for the year.

“Based on the target achieved in 2020, the service was given the onerous task of collecting N1.679trillion into the Federation account. It was also expected to build on the successes of the border closure to stem the tide of illicit trade in small arms and light weapons, smuggling and other cross border crimes.”

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