News
Customs generates almost half of 2019 target in 3 months
The Nigeria Customs Service (NCS) has generated revenue of N311.2 billion for the first quarter of 2019.
The revenue was generated between January and March.
The federal government had set a revenue target of N887 billion for NCS in 2019.
However, the Comptroller-General of Customs, Hameed Ali, had promised that the figure would be surpassed as the management had earlier set a higher target for the organisation.
The document indicated that NCS got revenue of about N116.5 billion in January, N84.9 billion in February, and N109.8 billion in March.
It showed that the revenue was gotten from the 29 various commands of the service across the country.
According to the document, Apapa Customs’ command has the highest revenue generated followed by Tincan.
The revenue was generated from import duty, levy, exercise duty and other fees.
The customs generated revenue of about N1.2 trillion in 2018.
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