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New Customs Procedure Raised Revenue Generation in 2014 to N997 Billion- CG Dikko

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The Nigeria Customs Service (NCS) generated total revenue of N977 billion (about $6billion) into the federation and non-federation accounts in 2014, Comptroller General of the service Dikko Inde Abdullahi said yesterday.

He was speaking in Abuja during a ceremony to mark the International Customs day. This year’s theme was “Coordinated Boarder Management.”

This was an improvement over the 2013 revenue which totaled N833 billion.

The customs boss attributed the feat to the implementation of the Pre-Arrival Assessment Report (PAAR), saying the system has equally delivered on the promise of generating revenue to government.

He said: “In 2014, we received 291,146 applications, out of which a total of 273, 148 were issued.”

Abdullahi said this year coincides with the milestones anniversary of the PAAR adding that at its conception and implementation, the system represents a bold statement in forging an all-inclusive approach to stakeholder management.

He added that within the first year anniversary of the system the service has succeeded in bringing all stakeholders together the in management of international trade.

In his goodwill message, the Secretary-General, World Customs Organization, Kunio Mikuriya , urged boarder agencies to work together for the common good despite varying regulatory mandates, as CBM results in better service delivery, less duplication and cost-savings through economies of scale.

 

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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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