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Nairaland Forum / Nairaland / General / Business / Customs Generated N239.4bn Revenue In First Quarter (3703 Views)
JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year / Cement Company Of Northern Nigeria Declares N16.89 Billion Revenue In Q1 2019 / Customs Generated N898bn As Revenue In 2016 (2) (3) (4)
Customs Generated N239.4bn Revenue In First Quarter by Truth234(m): 5:41am On Jun 27, 2017 |
The Nigeria Customs Service generated a total sum of N239.4bn in the first three months of this year, figures obtained from the Federal Ministry of Finance have revealed. The amount is contained in a document showing the activities of the ministry in the last two years, which was sighted by our correspondent in Abuja. The NCS, according to the document, stated that its revenue performance for the first quarter of this year exceeded its target of N193.2bn by N46.2bn. This, the service added, was achieved through a reform programmed aimed at restructuring it, re-orientating its officers, removing defects and adopting simplified procedures in its activities. It stated, “The NCS collected N904.07bn in 2015 against a target of N944.4bn; the total collection in 2016 was N898.67bn against the target amount of N973.3bn. “Between January and March 2017, the NCS was able to generate N239.4b, thereby exceeding the target of N193.22bn set for the period.” The service also said it had complied with a presidential directive to deliver all seized perishable goods to the Internally Displaced Persons affected by the insurgency who are in Borno, Yobe, Adamawa and Edo camps. It said the reforms embarked upon by the government had started yielding results as there was now strict compliance with rules governing the operations of the NCS, adding that a standard operational procedure had been developed to ensure transparency and accountability. The NCS also said it had strengthened international engagements with the World Customs Organisation and the World Trade Organisation for trade facilitation and optimum revenue collection. It added that a compliance team had been set up to ensure conformity with trade regulations, adding that this would help to block all illegal routes for smuggling. The Minister of Budget and National Planning, Senator Udo Udoma, had last week said during the public presentation of the 2017 budget that although certain developments affected the realisation of projected government revenue last year, this administration was working hard to ensure increase in revenues to fund the budget. “In terms of implementation of the budget, we are making strenuous efforts to find the resources required. We are challenging our revenue generating agencies, particularly the Federal Inland Revenue Service and the Customs to improve their efficiencies and broaden their reach so as to achieve the targets set for them in the 2017 budget,” Udoma had stated. http://investorsking.com/customs-generated-n239-4bn-revenue-first-quarter-ministry/ 1 Like 1 Share |
Re: Customs Generated N239.4bn Revenue In First Quarter by seunlayi(m): 5:44am On Jun 27, 2017 |
Thumbs up cos I like accountability Lalasticlala, how much did nairaland generated from snake related topics and start taking record of what is bn generated through Evans related threads 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by Amoto94(m): 6:45am On Jun 27, 2017 |
There is always room for improvement. |
Re: Customs Generated N239.4bn Revenue In First Quarter by corperscorner: 7:27am On Jun 27, 2017 |
.Nairaland generated 2billion Zimbabwean dollars in 2 months..... If you think m lying...ask seun 3 Likes |
Re: Customs Generated N239.4bn Revenue In First Quarter by corperscorner: 7:27am On Jun 27, 2017 |
.zks |
Re: Customs Generated N239.4bn Revenue In First Quarter by Caustics: 7:27am On Jun 27, 2017 |
![]() 2 Likes 1 Share |
Re: Customs Generated N239.4bn Revenue In First Quarter by Raydos: 7:28am On Jun 27, 2017 |
So We Should Fry Buhari? 2 Likes |
Re: Customs Generated N239.4bn Revenue In First Quarter by hemartins(m): 7:28am On Jun 27, 2017 |
The utilization of the the money would be unknown. Free money to be looted. 2 Likes 1 Share |
Re: Customs Generated N239.4bn Revenue In First Quarter by Oladelson(m): 7:28am On Jun 27, 2017 |
is okay continu. 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by Mopolchi: 7:29am On Jun 27, 2017 |
Who dey take all this billions wet customs dey generate? And Naijiria still dey in recession. 2 Likes |
Re: Customs Generated N239.4bn Revenue In First Quarter by ikeepitreal(m): 7:30am On Jun 27, 2017 |
uselesd to me. 2 Likes |
Re: Customs Generated N239.4bn Revenue In First Quarter by maberry(m): 7:31am On Jun 27, 2017 |
we done hear Make we use fear gree big big talk wey no dey translate to anything tangible in the lives of the masses 2 Likes
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Re: Customs Generated N239.4bn Revenue In First Quarter by KingLennon(m): 7:31am On Jun 27, 2017 |
The service also said it had complied with a presidential directive to deliver all seized perishable goods to the Internally Displaced Persons affected by the insurgency who are in Borno, Yobe, Adamawa and Edo camps. That's good of our president... 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by Boleyndynasty2(f): 7:33am On Jun 27, 2017 |
We won't even know where and how the money will be spent, Nice one. 2 Likes |
Re: Customs Generated N239.4bn Revenue In First Quarter by Teewhy2: 7:35am On Jun 27, 2017 |
Congrats, but how does it affect my personal economics . What is the update on the custom boss and the Senate then, who finally succumb to the other. Are you building on a swampy area, want to do pile foundation /Need Roof parapet. Reduce the building load by making use of polystyrene material for your roof parapet and slab. Click below to get more information https://www.nairaland.com/3726763/alternative-building-material-expanded-polystyrene 1 Like
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Re: Customs Generated N239.4bn Revenue In First Quarter by Dannyset(m): 7:40am On Jun 27, 2017 |
Opportunity for the Senate to increase its allocation. The people don't benefit from news like this. Siphoning mode will be activated now. What a pity! 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by lovedatruth(m): 7:42am On Jun 27, 2017 |
waiting for the release of the amount generated into personal pockets. let's see which is higher. 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by AYOUNG(m): 8:02am On Jun 27, 2017 |
We have all this type of money,and the country still engages in its large borrowing spree.. ![]() 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by RALPHOW(m): 8:11am On Jun 27, 2017 |
Buhari should start using all this money before the looter PDP smell the government again. He must stop his herdsmen stupidity for us to appreciate his effort against corruption. 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by vedaxcool(m): 8:31am On Jun 27, 2017 |
If dey hear good news they will hide if the news is bad they come out and celebrate wailing zombies are a curse on the country. |
Re: Customs Generated N239.4bn Revenue In First Quarter by iluvpomo(m): 8:40am On Jun 27, 2017 |
How much enter pockets? |
Re: Customs Generated N239.4bn Revenue In First Quarter by goooze(m): 8:45am On Jun 27, 2017 |
Stupid people trying to impress their foolish master the end is near for all these rubish |
Re: Customs Generated N239.4bn Revenue In First Quarter by Toketimt: 9:42am On Jun 27, 2017 |
Excellent development. Right peg in the right holes. It's not about wearing uniform upandan but results. I prefer this CG without uniform delivering than his entire predecessors combined together not meeting target for once. This man has repeatedly met his target. Kudos once again. And to u fools claiming or wondering where the monies are going.....its simply going to the Federation account from which the entire country share from monthly so in effect, all states of the Federation benefits from Col. Alis magnificent performance. 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by kc2hansome(m): 10:40am On Jun 27, 2017 |
Money to be looted |
Re: Customs Generated N239.4bn Revenue In First Quarter by kc2hansome(m): 10:42am On Jun 27, 2017 |
vedaxcool: Prof. Zombie. what about the money they claimed to have recovered from those who returned looted funds?? |
Re: Customs Generated N239.4bn Revenue In First Quarter by vedaxcool(m): 10:49am On Jun 27, 2017 |
kc2hansome: Pained COWNU zombie how does your daft question correlates with the thread that is clearly about Customs beating its 1st quarter target? 1 Like |
Re: Customs Generated N239.4bn Revenue In First Quarter by vedaxcool(m): 10:51am On Jun 27, 2017 |
goooze: Pained COWNU zombie if the case was the reverse you would be jumping like a frog on how the govt is bad. 1 Like |
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