Comptroller-General of Nigeria Customs Service, Adewale Adeniyi, says the service has recorded spectacular surge in monthly revenue collection from N202 billion to N333.9 billion previously 4 months.
Mr Adeniyi made the declaration on Wednesday in Abuja at a nationwide workshop on legislative compliance.
The workshop has: “The imperatives of legislative compliance in deepening democracy and good governance’’ has its theme.
He mentioned the service collected a median revenue of N202 billion within the first half of the yr.
He added that previously 4 months, nevertheless, monthly revenue collection surged to N333.9 billion between July and October, exhibiting a 65.5 per cent enhance.
Mr Adeniyi defined that Customs partnership with the National Assembly had yielded constructive outcomes by way of a evaluate and enhancement of tariff buildings and rules.
He mentioned the NCS had managed to optimise revenue collection and ensured that funds had been out there for nationwide growth tasks.
“One of our early achievements has been a exceptional increase in monthly revenue collection.
“I’m delighted to announce that we have now persistently exceeded the monthly goal collection of N307 billion, marking a exceptional departure from earlier performances.
“The joint efforts of the NCS and the legislative arm of presidency have allowed us to reply successfully to public issues and petitions,’’ he mentioned.
Speaking on challenges confronted by the Customs Service, Adeniyi mentioned it typically encountered budgetary constraints that restricted its capability to successfully implement compliance.
The limitations, he defined, might have an effect on the acquisition of contemporary know-how; the organisation of coaching and recruitment of personnel required for efficient enforcement.
He harassed that insufficient infrastructure and know-how at border posts might impede the Customs Service capability to examine and regulate commerce successfully, leaving room for noncompliance.
NAN
