Nigeria Customs Service Surpasses 2024 Revenue Target

Nigeria Customs Service Surpasses 2024 Revenue Target

By Prince Benson Davies

The Nigeria Customs Service (NCS) says it has surpassed its 2024 annual revenue target of N5.97 trillion.

In his welcome address
Comptroller-General of Customs Service Adewale Adeniyi said at the 2024 CGC’s Conference held in Abuja on Wednesday, 13th November 2024

According to him, the organisation has collected N5.079 trillion with more than a month to the year-end.

He is optimistic the service will exceed its annual target by 10 per cent by December 31, 2024.

Mr Adeniyi attributed the success to enhanced stakeholder collaboration, improved processes, and modernised systems.

In his words: ” Distinguished ladies and gentlemen, I am pleased to announce that yesterday, 12 November 2024, at exactly 13:10 Hrs, the Nigeria Customs Service hit its 2024 revenue target of NGN 5.07 trillion, collecting NGN 5,079,455,088,194.38 with more than a month remaining in the fiscal year.

According to him, “This exceptional performance—projected to exceed our target by 10%—validates our partnership-driven approach to revenue collection and trade facilitation.

According to the CG, The achievement is not merely about numbers; it demonstrates how enhanced stakeholder collaboration, improved processes, and modernized systems drive positive economic outcomes
CG Adeniyi affirms that the Nigeria Customs Service is poised to lead a new era in the Customs administration for better partnership and efficiency in the country

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