Nigeria customs remitted N343bn to FG in two months – CGC, Adeniyi

 

Nigeria Customs Service says it remitted N343 billion in revenue to the federation account in July and August 2023.

The Acting Comptroller General of Customs, Bashir Adeniyi, disclosed this on Thursday while speaking with Journalists regarding his achievements in his first 100 days in Office.

According to the CGC, the agency generated an average revenue of N202 billion in the first half of 2023.

He noted that Nigeria Customs exceeded the monthly target collection of N307 billion in the period under review.

The service had announced an N3.6 trillion revenue target for 2023.

Recalls that President Bola Ahmed Tinubu appointed Adeniyi as the Acting CGC in June.

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

“We’ve witnessed a substantial increase, with an average monthly collection of N202 billion in the first half of the year that concluded in June, surging to an impressive N343 billion in the past two months (July and August).

“This outstanding growth amounts to a remarkable 70.13 per cent increase in revenue collection.

“I’m delighted to announce that we’ve consistently exceeded the monthly target collection of N307 Billion, marking a remarkable departure from previous performances.

“The ongoing Revenue Recovery review activities have contributed an additional 8 billion Naira during this period, underlining our commitment to revenue generation.

“Subject to unforeseen circumstances, our aim is to sustain and even expand this momentum until the end of the year. This commitment is driven by our resolve to minimize the deviation from the target, especially in light of the substantial shortfalls recorded during the first half of the year”, he stated.