Tag: Revenue

Customs launches Advanced Ruling System for trade facilitation, revenue boost

The Nigeria Customs Service has commenced the process of ensuring trade facilitation and boosting revenue generation through the Advanced Ruling System. The Comptroller-general of Customs, Wale¬† Adeniyi, made this known in Abuja on Thursday, at a meeting with stakeholders towards the launch of the Advanced Ruling system. He said the system was a critical mechanism […]

Senate Approves Customs N5.09 trn Revenue Target, N706.4bn Budget for 2024

Senate has approved the sum of N5.079 trillion Naira as revenue target and N706.4 billion as budget for the Nigeria Customs Service (NCS) in the 2024 fiscal year. The approval follows consideration of a report presented by the Committee Chairman on Customs, Excise, and Tariff, Jibrin Isah (APC-Kogi), at plenary. In his presentation, Isah said […]

Customs generates N343bn in two months

The Acting Comptroller-General of Customs, Wale Adeniyi, says Nigeria Customs Service (NCS) has generated over N343billion between July and August 2023. Adeniyi, who made this known while marking his first 100 days in office in Abuja, said the record exceeded the N 307 billion monthly target. He said the money generated within the period represented […]

Back To Top