HighlightNews From MDA'S

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

1.5k
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  66th Grammy: Disquiet in Davido’s camp, BurnaBoy shines, Ayra Sta, Asake in disbelief

Leave a comment

Related Articles

Three-Year-Old at Centre of Alleged Heroin Smuggling Attempt as NDLEA Makes Multiple Arrests

By Omoyeni Ojeifo A three-year-old boy was put at serious risk when...

Just In: 2027 Polls: Political Parties Get More Time as INEC Extends Candidate Submission Deadline

By Omoyeni Ojeifo In a move that offers political parties a brief...

Queen Joseph’s Hat-Trick Fires Flamingos Into 2026 U17 Women’s World Cup

By Samuel Akpan Sixteen-year-old Queen Joseph’s hat-trick has inspired Nigeria’s Flamingos to...

Bellingham’s Extra-Time Heroics Propel England to World Cup Semifinals

By Samuel Akpan Jude Bellingham delivered yet another decisive performance to propel...