TheSightNewsTheSightNews
  • Home
  • News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
    • Press Release
What's Hot

NiDCOM Boss, Dabiri-Erewa Visits Family of Nigerian Killed in Canada

August 8, 2022

NCC-CSIRT Flags ‘HiddenAds’ Malware that Jeopardizes Users’ Privacy

August 8, 2022

Cost of Politics: Where is INEC’s Audited Financial Report?

August 8, 2022
Facebook Twitter Instagram
  • About Us
  • Adverts & Enquiries
  • Contact Us
  • Our Services
Facebook Twitter Instagram
TheSightNewsTheSightNews
  • Home
  • News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
    • Press Release
Subscribe
TheSightNewsTheSightNews
Home»Business»Over N1.2trn Generated by Nigerian Customs in 2018-Says Boss
Business

Over N1.2trn Generated by Nigerian Customs in 2018-Says Boss

TheSightNews .By TheSightNews .January 4, 2019No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Email WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigerian Customs Service(NCS), has disclosed that it generated the sum of N1,202,271,240,478.30 for the year 2018, presenting N164,897,273,077.50 over 2017 collection which was N1,037,373,967,400.80.

Commenting on this historic feat, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd), described it as the result of dogged pursuit of what is right rather than being populist by compromising national interest on the altar of individual or group interests.

The increasing annual revenue generation from the service in the last three years was said to be the result of reform programmes which include but not limited to: Upgrade on the electronic systems from Nigeria Integrated Customs Information System (NICIS I) to NICIS II which has blocked leakages; Strategic deployment of manpower; Strict enforcement of extant guidelines by the Tariff and Trade department.

Others are; Robust stakeholder engagement resulting to increased compliance, as well as an increased disposition of Officers and Men to put national interest above selves.

“In the same vain, the NCS reinvigorated anti-smuggling operations yielded a total of 5,235 seizures with duty paid value (DPV) of N61,543,633,401.31”, said the NCS Public Relations Officer,Joseph Attah in a statement on Friday.

Attah, further noted that these seizures include arms, ammunition, more than 59 containers of Tramadol and other controlled drugs and 320,709 foreign rice and many more.

“Though smuggling remains a challenge, the service three layers security strategy continues to make smuggling unattractive to the would-be smugglers.

“While the service continues to deal decisively with smugglers, fellow citizens, especially border dwellers and port users are advised to support NCS by reporting any smuggling activity to the nearest Customs formation.

“Together we can protect our economy and security by joining hands to fight smuggling and ensure that appropriate customs duty is paid on every dutiable import”, he emphasized.

Accordingly, he appreciated the compliant stakeholders that have supported the Service in 2018 and called on all Nigerians and especially international trade actors to help make 2019 better for the nation.

Share this:

  • Twitter
  • Facebook

Related

Nigerian Customs Services
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
TheSightNews .
  • Website

Related Posts

High Cost of Diesel, Forex Hindering Growth of Fashion Industry in Nigeria—G2G Designs

August 8, 2022

SON Appeals Court judgement in Jalingo, Unseals Uche-Obi Investment Premises.

August 3, 2022

Investment with Fund Managers Not Insured by NDIC, Says Spokesperson

August 2, 2022

Ecobank Nigeria Extends Remittance Services to Business Account Holders

July 28, 2022
Add A Comment

Leave A Reply Cancel Reply

Advertisement
EZ Ad
Recent Post

NiDCOM Boss, Dabiri-Erewa Visits Family of Nigerian Killed in Canada

August 8, 2022

NCC-CSIRT Flags ‘HiddenAds’ Malware that Jeopardizes Users’ Privacy

August 8, 2022

Cost of Politics: Where is INEC’s Audited Financial Report?

August 8, 2022

High Cost of Diesel, Forex Hindering Growth of Fashion Industry in Nigeria—G2G Designs

August 8, 2022

Olubadan of Ibadan Backs Clamour for Telecom Infrastructure Protection

August 7, 2022
Security

INSECURITY: CODE to Launch Monthly Security Dossier, Set to Deploy 20,000 Observers for 2023 General Elections

August 6, 2022

Nigeria Threatens To Dump ECOWAS As Recruitment Scandal Rocks Regional Body

August 5, 2022

Police Mourns Ex-IGP Tafa Balogun

August 5, 2022

Subscribe to Updates

Get the latest information from The Sight News.Stay Connected

About Us
About Us

Your source for factual information. We pride ourselves in publishing objective news always

We're social. Connect with us:

Facebook Twitter Instagram
Services
  • About Us
  • Adverts & Enquiries
  • Contact Us
  • Our Services
Coverage
  • Donate
  • News

Subscribe to Updates

Get the latest,Factual news from all over Nigeria and the world at large. With us , you are never misinformed

© 2022 The Sight News.
  • Home
  • News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
    • Press Release

Type above and press Enter to search. Press Esc to cancel.