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Customs Target N1 Trillion Revenue In 2016

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The Comptroller-General of the Nigeria Customs Service, Col. Hameed Ali (retd) yesterday on the sideline of the International Customs Day celebration disclosed to journalists that he was planning to raise the sum of N1tn as revenue for the Federal Government in the 2016 fiscal period.

The CG said the government had not given the customs a revenue target this fiscal year and that the current leadership of the customs will do everything possible to block all revenue leakages. He said, “We hope and are working to block all leakages and making sure that our system works perfectly; and hopefully, the policy of government will also be in our favour; we hope to hit N1tn in 2016.

“The deployment of e-Customs has boosted the Customs role of providing connectivity between nations divided by artificial borders. Collection of revenue and interception of harmful imports have been made easier with the help of technology.

“In line with the change mantra of the present government, let me remind all operatives and stakeholders alike not to abuse the process and corrupt the system. Any act calculated to distort and compromise the integrity of the e-Customs will not be tolerated and will be met with appropriate sanctions.”

The Secretary General, World Customs Organisation, Mr. Kunio Mikuriya, said that customs administrations across the globe had been encouraged to promote the use of Information and Communications Technology in order to collect and safeguard customs duties, flow of goods, and secure cross border trade.

 

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Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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