6billion daily and una still wan borrow lie kill una

He looks like a thief

They will still complain no money and would be looking for Chinese loans upandan

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

Yet we are not feeling the impacts. God punish una

Someone remind me why our debt profile is still rising if the NCS is making this much daily?

Kindly raise a bond on the generated revenue and execute capital projects with it then.


Las las Na audio revenue.

Kingstanding:
. At the end Federal government will still borrow.

It is for the three tiers of government not only federal

okay o... thats for customs alone oo not to mention FIRS and other income-generating agencies



yet salaries remain abysmally low...cost of living has increased etc


God epp us

Why is the country still borrowing or collecting loans when she is making close to 5 billion naira daily from just one source. We need not borrow again.

And where is the money Dacjknes everywhere.

6 billion but yet dey will stil borrow.


Lie lie govt

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

Audio money

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

so u bliv dis...am suspectin dt u're Audio human..no wndr applications wl ask if u r nt a robot

Funny people, the border was open and people where better now it's closed people are suffering and suddenly billions daily and nothing to show for it. Just tell politicians that there is now enough for them to loot.

Officialgarri:


You think the Government is dumb and doesn't have anything to gain when they declared the border be closed?

Government policies are beyond what you read on Nairaland.
Infact, it's a shame that a forum as big as Nairaland doesn't promote intelligent discussions, advantages and disadvantages of various policies.
Rather, it promotes mediocre, ignoramus and "first to comment" people.
No dedicated threads for experts in certain fields, no philosophy, no critical thinking.
I think twitter is better than here

You're not even smart. The guy said if customs makes this much then what's the need for incessant borrowing. Think and answer correctly if must quote him instead of talking nonsense.

It is well

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

The question is, what happens to all the money? Huge amounts are going missing between generation and spending. Why do we still have to borrow? Nigeria should be making enough to fund our small $20bn budget.

This is income from NCS alone, there's NNPC, FIRS, DPR, CBN, NIMASA and so many more.

ManirBK:


https://thenationonlineng.net/border-closure-customs-rakes-in-n6b-daily/?

But the impact is not seen or felt on the nation's economy

We can only see on the pages of newspaper not on the populace.

ManirBK:
6,000,000,000 x 366 = 2,196,000,000,000. Hope the borders remain closed for a year.

So why the growing debts, borrowing money upandan with falling reserves?
What is used to sweep out the sense of all barawo bubu and Alliance of Past/Present Crooks, APC people?
Do you know?


www.nairaland.com/attachments/10490825_1_jpeg83b5009e040969ee7b60362ad7426573


www.nairaland.com/attachments/11022975_8338023819249781262748123984img20181027193749jpeg974443fb91adef48c0bfde626d9bdb50jpegjpeg4e41491b69a3dbfa99fd51e4c9c775f6jpegjpegfca7c425b5865223687a137bd6cd7effjpeg6d1ff6f9a8d677481e8092ef028cb42b_jpeg_jpegdbddfbebb7cb9f01165495f5676e1ce1



www.nairaland.com/attachments/3356469_screenshot20160131120000_jpeg639beaec46d4ced684f639998a489af2

Homiesjinxbank:
6billion daily and una still wan borrow lie kill una

www.nairaland.com/attachments/4024299_bubu6_jpeg86aaf8fa6cd32a5104ab6bf996dd1ee3



www.nairaland.com/attachments/3220187_img11010123498002_jpeg_jpeg62c874903b6f8a5c196c046ea4a90862

Officialgarri:


You think the Government is dumb and doesn't have anything to gain when they declared the border be closed?

Government policies are beyond what you read on Nairaland.
Infact, it's a shame that a forum as big as Nairaland doesn't promote intelligent discussions, advantages and disadvantages of various policies.
Rather, it promotes mediocre, ignoramus and "first to comment" people.
No dedicated threads for experts in certain fields, no philosophy, no critical thinking.
I think twitter is better than here

What is d correlation between what u said and d points d gentleman raised earlier?:

"If it's true as they are claiming it means with this and other revenue generating sectors of the economy should be enough to finance our budget and have more than enough to save and borrow other nations in need rather than constantly seeking for Chinese loan".

and Nigeria is still borrowing abroad

Lostz:
and your politicians will use the 2,196,000,000,000 to buy foreign rice for their family

You forgot to also include 400 pieces of Toyota Camry, 2020 model.

where is the money? believe this story at your own peril

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

But supporters of d govt insist that Nigeria has no money that's why buhari failed. Pls which money are u calculating?

https://www.nairaland.com/5690798/buhari-could-not-achieve-more

Officialgarri:


You think the Government is dumb and doesn't have anything to gain when they declared the border be closed?

Government policies are beyond what you read on Nairaland.
Infact, it's a shame that a forum as big as Nairaland doesn't promote intelligent discussions, advantages and disadvantages of various policies.
Rather, it promotes mediocre, ignoramus and "first to comment" people.
No dedicated threads for experts in certain fields, no philosophy, no critical thinking.
I think twitter is better than here

Then they go your Twitter we won't miss you

Audio money. Yet you still want to borrow from China. Nigeria is a scam

Talkingoil:


But the impact is not seen or felt on the nation's economy

D impact has been felt. Recent data released by d NBS shows that inflation has increased to 12%, an all time high

Heavy lies wat are dey generating the money from can dey honestly tell us

Nigeria rakes in between N5 billion and N6 billion daily from imports since the closure of its land borders with neighbouring countries.

Prior to the closure in August 2019, daily duty collections hovered between N4 billion and N5 billon, said the Nigerian Customs Service (NCS) in Lagos on Tuesday.

The NCS Comptroller-General Col. Hammed Ali (rtd.) attributed the rise to increased activities at the nation’s seaports.

”The NCS daily collection before the border closure ranged between N4 to N5 billion but now, the NCS collects N5billion to N6 billion daily as a result of the rise in activities at the nation’s sea ports,” Ali said on Tuesday at a forum on the “impact of land border closure on the Nigerian economy.”

The forum was organized by the Lagos Chamber of Commerce and Industry (LCCI), and the support of Center for International Private Enterprise (CIPE) in Lagos.

The Customs boss, who was represented by the ACG/Zonal Co-ordinator, Zone A, KayCee Ekekezie, also said the border closure had led to a 30 per cent drop in fuel hitherto supplied by the Nigerian National Petroleum Corporation (NNPC) for local consumption.

He added that the sums being realized from the ports would help the Federal Government provide more infrastructures and add fillip to critical sectors of the economy.

His words: “This (money) will be used to build more infrastructure and develop critical sectors of the nation’s economy. The border drill has also curbed the diversion of petroleum products from Nigeria to our neighboring countries. NNPC records show a 30 per cent drop in fuel consumption, which means that we have been subsidizing fuel for neighboring countries.”

Ali also stated that before the border closure, NCS had engaged the customs of neighboring countries severally, drawing their attention to the need to comply with ECOWAS protocols on transit of goods and persons.

He said: “The protocol demands that when a transit container berths at a seaport, the receiving country is mandated to escort same without tampering with the seal to the border of the destination country.

”Unfortunately, experience has shown that our neighbours do not comply with the protocol, rather they break the seals of containers on transit to Nigeria at their ports and transload the goods in open trucks which belongs to their country. The trucks will in turn make entry into Nigeria and trans load same onto Nigerian trucks.”

The President of LCCI, Mrs Toki Mabogunje, said the border closure has had positive and negative implications for the economy.

“We have seen appreciable increase in domestic rice and poultry products production and decrease in fuel smuggling to neighboring countries. The directive paid off for the NCS as revenue generated by the agency increased to N1.34 trillion in 2019 from N1.2 trillion in 2019” she said.

On the flip side, she said, the closure has triggered inflationary pressures through rising food prices.She added that food inflation continues to uptrend, hitting a record 14.7 per cent in December 2019, the highest in 20 months.

She said the policy had also led to unplanned losses for manufacturers, especially those who export their products by road.

The Advisor, Borderless Alliance, Mr. Caleb Omoyiola, said the policy had resulted in increased internally generated revenue, rise in consumption of local products and reduction in smuggling.

On the negative side, according to him, is a breach of ECOWAS protocols/rules of integration and free movement of persons, goods and transport within the region.

Meanwhile, the Comptroller-General, Nigeria Immigration Service (NIS), Mr Muhammad Babandede, has said that only President Muhammadu Buhari could determine when the borders would reopen.

https://thenationonlineng.net/border-closure-customs-rakes-in-n6b-daily/?

THE BORDER CLOSURE WILL COME TO AN END BY THE TIME BUHARI LEAVES PUBLIC OFFICE.

The next Nigeria leader likely from the south will see the border closure as an act of OPPRESSION against the south by the domineering northerners.