The Nigeria Customs Service (NCS) has recorded a significant revenue of N4.29 trillion between January and September 2024, according to the Comptroller General of Customs, Bashir Adewale Adeniyi. This figure brings the NCS closer to its annual revenue target of N5.3 trillion, with three months remaining in the year.
Speaking at the Finance and Business Online Publishers (FiBOP) 2024 Capacity Building Workshop in Lagos on Saturday, the Comptroller General, represented by Comptroller Dera Nnadi, Customs Area Controller of the Tincan Island Port Command, highlighted the progress made through the adoption of digital infrastructure in customs processes. Comparing the 2024 collection with previous years, he noted that the NCS had surpassed the 2023 revenue of N3.21 trillion by over N1 trillion.
“This achievement is a testament to the impact of digitalization and innovation in our operations,” Comptroller Nnadi said. “In 2022, we collected N2.6 trillion, and now, we are steadily increasing our revenue through the integration of digital systems.”
The NCS attributed its success to the deployment of the Nigeria Integrated Customs Information System (NICIS II), which has streamlined import and export documentation, reducing delays and errors. The modernization project, which integrates over 43 stakeholders into a single digital platform, promotes transparency and accountability in import duty collection.
Comptroller Nnadi also praised the maritime industry stakeholders and business publishers for their contributions to creating awareness and supporting the NCS in meeting its revenue goals.
“The digital infrastructure ensures that every action taken by a customs officer is traceable, promoting accountability and reducing revenue leakage. This system encourages faster clearance of goods and enhances Nigeria’s competitiveness,” he added.
The NCS continues to leverage its modernization initiatives to boost efficiency and transparency in its operations, while expressing optimism about reaching its N5.3 trillion target by the end of 2024.