Nigeria Customs revenue hits N1.2 trillion in 2018

The Nigeria Customs Service (NCS) on Friday announced that it collected a total of N1,202,271,240,478.30 as revenue in 2018.

In a statement, Spokesman of the NCS, Mr. Joseph Attah, said that the 2018 revenue generated was N164,897,273,077.50 more than its revenue of  N1,037,373,967,400.80 recorded in 2017.

Attah quoted the Comptroller General of Customs, Col. Hameed Ali(rtd,) as having attributed the increase in revenue to some of the Service reform programmes including “upgrade on the electronic systems from Nigeria Integrated Customs Information System (NICIS I) to NICIS II which has blocked leakages; Strategic deployment of manpower.

He said other of its result-yielding strategies were: “Strict enforcement of extant guidelines by the Tariff and Trade department; robust stakeholder engagement resulting to increased compliance as well as increased disposition of officers and men to put national interest above selves.”

The NCS added that its reinvigorated anti-smuggling operations yielded a total of 5,235 seizures, with duty paid value (DPV) of N61,543,633,401.31

These seizures, according to the Service,  include arms, ammunition, more than 59 containers of Tramadol and other controlled drugs and 320,709 foreign rice etc.

It said that though smuggling remained a challenge, the  three-layer-security strategy of the service continued to make smuggling unattractive to potential smugglers.

It called on the general public, especially border dwellers and port users to support the NCS by reporting any smuggling activity to the nearest Customs formation, even as it continues to deal decisively with smugglers.

Appreciating all compliant traders for supporting the NCS in 2018, it encouraged all trade players to ensure payment of appropriate customs duty on dutiable import, for a better trading year in 2019.