The Comptroller General of Customs (CGC), Bashir Adewale Adeniyi MFR, has committed to enhancing transparency in the financial statements of the Nigeria Customs Service (NCS) during a session with the House of Representatives Public Accounts Committee on Tuesday.
CGC Adeniyi emphasized the NCS’s utilization of integrated technology for revenue collection spanning over two decades, involving more than 20 commercial banks. In his testimony, he highlighted a contractual arrangement with these banks, granting the NCS access to a technology platform facilitating seamless payments. Notably, the funds collected are directly remitted by the banks to the federation accounts.
Addressing the committee, the Comptroller General pledged to work closely with the Public Accounts Committee, asserting, “Compliance is a priority for us, and we are committed to addressing any potential issues transparently. My team and I are prepared to present statements to the committee in the most transparent manner possible.”
Chairman of the Public Accounts Committee (PAC), Bamidele Salami, stressed the importance of NCS consistently providing audited statements of accounts and adhering to all legal requirements. The collaborative commitment between the NCS and the PAC signals a proactive approach towards fostering efficiency and accountability in financial matters within the Customs Service.