shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Customs Increases Monthly Revenue Collection From N202bn To N334bn

Customs Increases Monthly Revenue Collection From N202bn To N334bn

by Joshua
November 9, 2023
in Featured, News

The Comptroller-General of Nigeria Customs Service, Mr Adewale Adeniyi, says the service has recorded impressive surge in monthly revenue collection from N202 billion to N333.9 billion in the past four months.

Adeniyi made the declaration on Wednesday in Abuja at a national workshop on legislative compliance.

The workshop has:  “The imperatives of legislative compliance in deepening democracy and good governance’’ has its theme.

He said the service collected an average revenue of N202 billion in the first half of the year.

He added that in the past four months, however, monthly revenue collection surged to N333.9 billion between July and October, showing a 65.5 per cent increase.

Adeniyi explained that Customs partnership with the National Assembly had yielded positive outcomes through a review and enhancement of tariff structures and regulations.

He said the NCS had managed to optimise revenue collection and ensured that funds were available for national development projects.

“One of our early achievements has been a remarkable boost in monthly revenue collection.

“I am delighted to announce that we have consistently exceeded the monthly target collection of N307 billion, marking a remarkable departure from previous performances.

“The joint efforts of the NCS and the legislative arm of government have allowed us to respond effectively to public concerns and petitions,’’ he said.

Speaking on challenges faced by the Customs Service, Adeniyi said it often encountered budgetary constraints that limited its capacity to effectively enforce compliance.

The limitations, he explained, could affect the acquisition of modern technology; the organisation of training and recruitment of personnel required for effective enforcement.

He stressed that inadequate infrastructure and technology at border posts could impede the Customs Service ability to inspect and regulate trade effectively, leaving room for noncompliance.


Related Posts

Oyetola Pushes Ban on Wooden Boats Amid Waterways Deaths

Oyetola Pushes Ban on Wooden Boats Amid Waterways Deaths

January 12, 2026
LASWA Reaffirms Night Travel Ban Ahead of Ilashe Beach Concert

LASWA Reaffirms Night Travel Ban Ahead of Ilashe Beach Concert

January 12, 2026
LAGFERRY Boats

LAGFERRY Transports 4.4m Passengers

January 12, 2026
Customs Reinforces Discipline, Professionalism Among Katsina Officers

Customs Reinforces Discipline, Professionalism Among Katsina Officers

January 12, 2026

Latest News

Oyetola Pushes Ban on Wooden Boats Amid Waterways Deaths

Oyetola Pushes Ban on Wooden Boats Amid Waterways Deaths

January 12, 2026

LASWA Reaffirms Night Travel Ban Ahead of Ilashe Beach Concert

LAGFERRY Transports 4.4m Passengers

Customs Reinforces Discipline, Professionalism Among Katsina Officers

LASG Diverts Traffic At Night For Truck Barriers Installation

China–Nigeria Trade Hits $22.3bn, Envoy Projects Deeper Ties

Nigerian Navy Committed To Tackling Maritime Threats, Secure Waterways Says Abbas

LASWA Appoints Segun Alabi Head of Communications for €410m Omi Eko Water Transport Project

Eshinlokun, NPA Donate X-Ray Machine, Pledge N1bn For Lagos Hospital Upgrade

Vessels Expected At Lagos Ports As At 9th January, 2026

Customs Begins 90-Day Safe Passage Regime for Foreign Personal Vehicles

Apapa Customs Rakes In ₦2.93tr in 2025 as Reforms Drive 24.32% Growth

kindly like our Facebook page

Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns
Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025

Dr Mcphalane Ejah, a public health advocate, has warned that Nigeria is “sitting on a keg of gunpowder” due to...

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

December 8, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Facts About Your Body System You May Not Know 

December 1, 2025
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

December 1, 2025
Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025
Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025
WHO Launches Campaign To Prevent Stem Rising Suicide In Africa

WHO Urges Swift Action To Curb Rising Diabetes Cases In Africa

November 17, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

November 10, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition