The Nigeria Customs Service has set a target of N1Trillion for itself as collectable revenue in the 2012 fiscal year.
This obviously tall dream was disclosed last week by the service’s Comptroller-General Dikko Inde Abdullahi during its first revenue strategy meeting for the year. The meeting was with all the service’s Areas Controller in Abuja.
According to the Customs boss, the 2012 strategy will be based on a strict implementation of current fiscal policy anchored on increasing use of IT tools.
The Nigeria Customs Service has set a target of N1Trillion for itself as collectable revenue in the 2012 fiscal year.
This obviously tall dream was disclosed last week by the service’s Comptroller-General Dikko Inde Abdullahi during its first revenue strategy meeting for the year. The meeting was with all the service’s Areas Controller in Abuja.
According to the Customs boss, the 2012 strategy will be based on a strict implementation of current fiscal policy anchored on increasing use of IT tools.
“We benefited tremendously from the use of System Audit last year, we are going to consolidate on that gains by tapping into the opportunities which the ASYCUDA provides us”, he said.
In addition to the System Audit Strategy, the Comptroller-General disclosed that the use of the Risk Assessment Reports (RARs) will be closely monitored to prevent the rampant abuse of the system. He directed that all unutilized RARs carried over from 2011 and previous years be compiled and investigated.
He warned the Comptrollers that merit and performance shall be the major criteria for deployment, noting that no excuse will be entertained for non-performance. “Last year there was 25% increase in the volume of cargo imported into the country. If the tempo is sustained, our target is realizable” he added.
A breakdown of the revenue target indicated that Apapa area one command leads the pack, with N27 monthly Billion projected Revenue. Revenue target for other Command are: Tin-can Island Port; N22 Billion, Onne Port; N10 Billion, PTML (Tincan II), N7.5 Billion, Lilypond; N5 Billion, Kirikiri Lighter; N 5 Billion, Edo/Delta; N4.5 Billion, Port Harcourt I; N4 Billion
A statement that was made available to our correspondent and which was signed by the Public Relations Officer (PRO), Mr Wale Adeniyi, confirmed that last year, the Nigeria Customs Service generated a total of N741,836,653,478, representing a surplus of N148 Billion over the Service target of N596 Billion.
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