• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, December 9, 2023
Mediatracnet
Advertisement
  • Home
  • News
  • Special Focus
  • Politics & Policy
  • Viewpoint
No Result
View All Result
  • Home
  • News
  • Special Focus
  • Politics & Policy
  • Viewpoint
No Result
View All Result
Mediatracnet
No Result
View All Result
Home News

Nigeria Customs rakes in N1.5trn revenue in 2020

Bassey Udo by Bassey Udo
January 7, 2021
in News
0
Nigeria Customs rakes in N1.5trn revenue in 2020

DG, Nigeria Customs

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Nigeria Customs Service (NCS) announced on Wednesday it realized over N1.5 trillion revenue from its operations in 2020.
The revenue haul despite the impact of the COVID-19 pandemic exceeded the Service’s revenue target of N1.38 trillion from the year by about N120billion.
The Customs’ spokesperson, Joseph Attah, who disclosed this in Abuja while reviewing the activities of the NCS said the amount was also more than about N1.34trillion raised in the preceding year of 2019.
Mr Attah said the Comptroller-General of Customs, Hameed Ali, a retired colonel of the Nigerian Army, attributed the achievement of the Service to the willingness of its personnel to adapt to the new normal as a result of the global health challenges posed by COVID-19.
The spokesperson quoted Mr Ali as saying the Service’s revenue generation maintained a rising trend annually as the ongoing reforms in the service focused on the strategic deployment of officers strictly using the standard operating procedures.
He said the NCS management has always insisted on strict enforcement of extant guidelines by the tariff and trade department, apart from the automation of the Customs processes, which eliminated vices associated with the manual process.

He also attributed the success story to robust stakeholder sensitization which led to more informed and voluntary compliance and the patriotism of its personnel.
Prior to the border drill exercise on August 20, 2019, Mr Attah said revenue realized by the Service was between N4 billion and N5 billion Naira, compared to between N5 billion and N9 billion generated daily under Mr Alli.

Previous Post

FCMB names Yemisi Edun as Acting-MD; as embattled MD proceeds on compulsory leave

Next Post

Nigerian Stock market indicators rebound by 0.17%

Bassey Udo

Bassey Udo

Bassey Udo is a Journalist, Communication & Media Practitioner PERSONAL DETAILS DATE OF BIRTH: March 3, 1965 GENDER: Male NATIONALITY: Nigerian GSM: +234 802 313 7335; 07032308000 EMAIL: [email protected] CONTACT ADDRESS: Plot 743 Coral Park Street, Lugbe CRD, Abuja, FCT 900128 A multiple award winning investigative reporter with specialised interest in Business & Economy, Energy & Power, Oil, Gas, Mining & Extractive Industry, Environment & Climate Change, etc. at various times for some of Nigeria’s elite newspapers and magazines, including Post Express, NewsAfrica magazine, Independent, 234NEXT and Premium Times. A member of the Nigerian Guild of Editors (NGE), Nigeria Union of Journalists (NUJ), Nigerian Institute of Public Relations (NIPR) and Society of International Law & Diplomacy (SILD). He is also a distinguished Alumnus of the U.S. International Visitors Leadership Programme (IVLP) 2017.

Next Post
Nigerian Stock market indicators rebound by 0.17%

Nigerian Stock market indicators rebound by 0.17%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Cash crunch: Why Labour called off its planned nationwide strike

NLC President’s brutalization: Bayo Onanuga’s mischief & the tragedy of a nation 

November 14, 2023
COP28: NUPRC unveils regulatory framework for energy transition, decarbonisation for Nigeria’s upstream oil sector 

COP28: NUPRC unveils regulatory framework for energy transition, decarbonisation for Nigeria’s upstream oil sector 

December 4, 2023
Experts proffer why most govt. policies, programmes fail 

Data literacy: NBS, UNDP, others unveil the Nigeria Visualise Project

November 28, 2023
Experts proffer why most govt. policies, programmes fail 

Experts proffer why most govt. policies, programmes fail 

November 1, 2023
Post-COVID-19: IMF wants more reforms to sustain Nigeria’s macroeconomic stability, growth

COP28: Pressure mounts on IMF to deploy Special Drawing Rights through multilateral development banks

December 8, 2023
ECOWAS court President laments non-enforcement of the regional court rulings by members

ECOWAS court rejects demand for sanctions to be lifted against Niger Republic  

December 8, 2023
CBN gives reasons why controlling monetary policy rate was raised again to 16.5%

CBN warns Nigerians to beware of counterfeit Naira banknotes in circulation

December 8, 2023
How NCDMB used Nigerian Content Act to promote investments in 15 oil, gas projects in 10 years

December 8, 2023

Latest News

Post-COVID-19: IMF wants more reforms to sustain Nigeria’s macroeconomic stability, growth

COP28: Pressure mounts on IMF to deploy Special Drawing Rights through multilateral development banks

December 8, 2023
1
ECOWAS court President laments non-enforcement of the regional court rulings by members

ECOWAS court rejects demand for sanctions to be lifted against Niger Republic  

December 8, 2023
2
CBN gives reasons why controlling monetary policy rate was raised again to 16.5%

CBN warns Nigerians to beware of counterfeit Naira banknotes in circulation

December 8, 2023
2
How NCDMB used Nigerian Content Act to promote investments in 15 oil, gas projects in 10 years

December 8, 2023
2
Mediatracnet

WE BELIEVE a virile democratic community is impossible without an informed citizenry, who are capable of balancing their fundamental rights, with their civic roles and responsibilities, based on a balanced, transparent and objective reportage of issues and events by the media.

Follow Us

Browse by Category

  • Business
  • Entertainment
  • Environment
  • Fashion
  • Health
  • Lifestyle
  • Movie
  • Music
  • News
  • Politics
  • Politics & Policy
  • Religion
  • Science
  • Social Business
  • Special Focus
  • Sport & Entertainment
  • Uncategorized
  • Viewpoint
  • World

Recent News

Post-COVID-19: IMF wants more reforms to sustain Nigeria’s macroeconomic stability, growth

COP28: Pressure mounts on IMF to deploy Special Drawing Rights through multilateral development banks

December 8, 2023
ECOWAS court President laments non-enforcement of the regional court rulings by members

ECOWAS court rejects demand for sanctions to be lifted against Niger Republic  

December 8, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 Mediatracnet - tracking news for community value... Powered by Zilisoft Tech.

No Result
View All Result
  • Home
  • News
  • Special Focus
  • Politics & Policy
  • Viewpoint

© 2023 Mediatracnet - tracking news for community value... Powered by Zilisoft Tech.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.