Nigeria Customs Service has experienced a significant increase in its monthly revenue collection, rising from N202 billion to N333.9 billion in the past four months.
This announcement was made by the Comptroller-General of the service, Mr Adewale Adeniyi, during a national workshop on legislative compliance held in Abuja. Adeniyi attributed this achievement to the successful collaboration between Customs and the National Assembly, which resulted in the revision and improvement of tariff structures and regulations. He also expressed satisfaction with consistently surpassing the monthly target collection of N307 billion.
However, Adeniyi highlighted the challenges faced by the service, including budgetary constraints that hindered effective enforcement. He emphasized the need for modern technology, training, and recruitment of personnel, as well as improved infrastructure and technology at border posts to enhance trade regulation and inspection.