- Safiu Kehinde
The Nigeria Customs Service has announced recording N5.7 trillion in revenue as of Tuesday, 12 November 2024- an amount which surpassed the year’s revenue target.
This was disclosed on Wednesday by the Service’s Comptroller-General, Adewale Adeniyi, at the 2024 Comptroller-General of Customs Conference in Abuja.
The conference is themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose.”
While expressing optimism about the service’s capacity to achieve more for the economy, Adeniyi announced that the Customs have gained beyond its 2024 revenue target earmarked at N5.07 trillion.
He said the Customs’ revenue for the year currently stand at N5.079 trillion with more than a month still left to go.
“Our strategic engagements and collaborative approaches have yielded remarkable results across our core statutory responsibilities.
“I am pleased to announce that, as of 12 November 2024 at exactly 13:10 Hrs, the NCS hit its 2024 revenue target of NGN 5.07tn, collecting NGN5.079tn with more than a month remaining in the fiscal year,” Adeniyi said.
The Comptroller-General further highlighted that the service’s time release study has advanced the drive towards 24-hour cargo clearance and reduced dwell time at the ports.