HighlightNews From MDA'S

Nigeria Customs Service Generates ₦6.1trn in Revenue for 2024, Exceeds Target by 22%

1.7k
Advertisement




The Nigeria Customs Service (NCS) has announced a remarkable achievement in revenue generation for the year 2024 with ₦6.1 trillion raked in for the government.

According to the Comptroller General of Customs, Mr. Bashir Adeniyi, the ₦6.1 trillion reflects a 90.4% increase compared to the ₦3.2 trillion collected in 2023.

He told a news conference in Abuja on Tuesday that the service exceeded its revenue target for 2024, which was set at ₦5.07 trillion, by 22%.

This achievement is a testament to the service’s commitment to enhancing revenue generation and facilitating trade, he said.

The NCS achieved its highest revenue collection in October, amounting to ₦603 billion.

Adeniyi attributed this success to the service’s strategic efforts to improve revenue generation and trade facilitation.

He said Customs Service has been working to strengthen its processes and collaborate with stakeholders to achieve its goals.

More to follow…

Author

See also  N4.52trn Budget increase: Tinubu Unveils Allocation Details

Leave a comment

Related Articles

Oguntimehin Elected SWAN FCT Chairman in 88-4 Landslide Victory

By Samuel Akpan Tolu Oguntimehin has emerged as the new Chairman of...

Nigeria Clinches Historic Three-Gold Haul at Dakar Youth Olympics

By Samuel Akpan Team Nigeria has delivered its best-ever Youth Olympic Games...

NDC Deputy Publicity Secretary, Ohiare, Quits Party

By Omoyeni Ojeifo The Nigeria Democratic Congress (NDC) has recorded the exit...

APC Restricts Campaign Spokespersons to Three After TV Blunders

By Samuel Akpan The APC presidential campaign council has limited official public...