4.3 C
New York
Friday, April 19, 2024
HomeNewsCustoms makes N221.9bn in 9 months

Customs makes N221.9bn in 9 months

Despite the recent strike called by the Maritime Workers Union of Nigeria, MWUN, Apapa area, Nigeria Customs Service, NCS, has generated N221,929,294,437 between January and September.

The Customs Area Comptroller, Mr. Charles Edike, said this while responding to questions on the impact of the strike.

He said the command only experienced some delays in payments and was optimistic that due revenue will be collected as soon as work resumes fully.

The collected revenue, according to Edike, is 39.65 percent higher in attaining the annual target, compared to N216,337,949,557 collected within the same period in 2014.

Advertisements

Currently, the command had collected 91 percent of its targeted revenue for this year, achieved despite declining volume of imports, restrictions on foreign exchange, affecting over 40 items, and general economic uncertainty occasioned by the elections.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari