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Nigeria Customs Service Hits N1 Trillion in 6 months

Sote Raises $3 Million On Mission To Integrate Customs Clearing and Digital Logistics - Tekedia

Things are looking great for the Nigeria Customs Service. The agency generated excess of N1 trillion in 6 months: "The Nigeria Customs Service (NCS) announced it generated a revenue of N1.003 trillion for the first half of the year, which is over half of  its N1.678 trillion revenue target for the year. This was disclosed in a statement by Customs Public Relations Officer, Joseph Attah on Thursday in Abuja, according to the News Agency of Nigeria."

Meanwhile the Vice President of the nation wants the Nigerian Ports Authority (NPA) to modulate fees.

The Vice President of Nigeria, Yemi Osinbajo has called on the Nigerian Ports Authority to review its import dues on Premium Motor Spirit (PMS) in a bid to reduce the pressure of the price in Nigeria.

According to the News Agency of Nigeria, the Vice President disclosed this at the Valuechain Magazine 2021 4th annual lecture and awards, in Abuja, on Monday, themed “Enhancing effective synergy between oil and gas and maritime sectors for greater value creation.’’

This is a good one, but we need to push further than revenue gathering to revenue management.

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