Nigerian Customs surpasses 2024 revenue target

The Nigeria Customs Service (NCS) announced on Tuesday that it has reached its 2024 revenue target of N5.97 trillion with over a month left in the year.

Comptroller-General Adewale Adeniyi shared this achievement at the 2024 CGC’s Conference in Abuja, revealing that the NCS has collected N5.079 trillion so far.

Adeniyi expressed optimism that the NCS would exceed the annual target by 10% by December 31. He credited this success to enhanced collaboration with stakeholders, streamlined processes, and modernized systems within the service.

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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.

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

” The achievement is not merely about numbers; it demonstrates how enhanced stakeholder collaboration, improved processes, and modernized systems can deliver tangible results for our nation’s economy.”