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Saturday, September 10, 2016

N95.7bn generated by Nigeria Customs in the month of August 2016

Col. Hammed Ibrahim Ali (Rtd) - Comptroller General NCS
The Nigeria Customs Service (NCS) on Saturday in Abuja said it generated over N95.7 billion in August 2016. The NCS Public Relations Officer, Mr Wale Adeniyi, said in an interview with news men that the revenue had been remitted to the Federal Government coffers. Adeniyi expressed satisfaction that the NCS generated the amount in spite of the current foreign exchange challenge and low imports.

“Last month, August, 2016, the service recorded the highest revenue in 10 years despite the forex difficulty, low imports and general economic downturn. This points to the efficacy of the comptroller-general’s policy thrust. The strong stance of the comptroller-general on issues of discipline, integrity and strict adherence to customs codes and clearance procedures is yielding positive results,’

He said that the Comptroller-General, Col. Hammed Ali (rtd), who assumed office in August, 2015, brought a three-point presidential mandate – reform, restructure and revenue rise. Adeniyi said that the comptroller-general based the policy thrust on honesty, integrity and transparency, for actualization.

He noted that increased revenue generation required cooperation of all stakeholders and customs formations across the country. He said that the service had embarked on stakeholders’ visit to urge them to comply with the new ways of doing business with the service.

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