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Reading: Nigeria Customs Service Achieves Record N5.07trn Revenue Target for 2024 – CG
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Nigeria Customs Service Achieves Record N5.07trn Revenue Target for 2024 – CG

By
Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
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November 13, 2024 - 6:02 pm
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Comptroller General Bashir Adewale Adeniyi
Comptroller General Bashir Adewale Adeniyi
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The Nigeria Customs Service (NCS) has achieved a significant milestone, reaching its 2024 revenue generation target of N5.07 trillion, as announced by Comptroller General Bashir Adeniyi.

The milestone was reached on November 12, 2024, with over a month still remaining in the fiscal year.

Adeniyi disclosed the achievement during the Comptroller General of Customs’ Conference held in Abuja on Wednesday, highlighting the success as a result of strategic planning and enhanced collaboration. According to Adeniyi, the NCS collected precisely N5,079,455,088,194.38 by 13:10 hours on November 12, exceeding initial projections by 10 percent.

“This exceptional performance—projected to exceed our target by 10 percent—validates our partnership-driven approach to revenue collection and trade facilitation,” Adeniyi said, crediting the accomplishment to the Customs Service’s collaborative engagements and modernized systems.

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Adeniyi also emphasized that the achievement signifies more than just a financial figure, noting, “The achievement is not merely about numbers; it demonstrates how enhanced stakeholder collaboration, improved processes, and modernised systems can deliver tangible results for our nation’s economy.”

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