The Nigeria Customs Service (NCS) has reported a significant 74% growth in revenue collection, reaching N4.49 trillion between June 2023 and May 2024, compared to N2.58 trillion in the previous year. Comptroller-General Adewale Adeniyi highlighted this achievement and other milestones during his tenure, emphasizing the agency’s pivotal role in revenue generation.
Under Adeniyi’s leadership, the NCS achieved notable trade facilitation milestones, including port decongestion and improved access roads. The establishment of a dedicated terminal for exports has also streamlined processes, with a significant increase in Single Goods Declarations processed, facilitating smoother export transactions.
The agency’s anti-smuggling efforts have intensified, resulting in significant interceptions, high-value seizures, and numerous arrests. Notable seizures include animal products, arms, narcotics, pharmaceuticals, and millions of liters of smuggled petrol, underscoring the NCS’s commitment to protecting society and ensuring national security amidst various challenges.
Source: Punch