By Sylvanus OBASI, Lagos. The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service has collected N66,920,181,586.30 as total revenue for first quarter of 2024 which is N22,198,965,809.55 higher than N44,721,215,776.75 collected between January and March 2023 representing 49.6 percent increase. Comptroller Saidu Abba Yusuf, Customs Area Controller (CAC) of the command who described…
By Sylvanus OBASI, Lagos The Apapa Command of Nigeria Customs Service (NCS) has collected N489,614,095,022.15 as total revenue for the first quarter of 2024, which is over a hundred per cent higher than the N212.5b collected same period of 2023 Customs Area Controller (CAC) of the command, Comptroller Babajide Jaiyeoba, commended the officers and port…
By Sylvanus OBASI, Lagos The Tin-can Island Command of the Nigeria Customs Service said it has generated a whooping sum of two hundred and thirty billion, three hundred and two million, seven hundred and forty-three thousand, twenty three Naira, forty seven kobo (N230,302,743,023.47) for the period of 11 weeks covering January 1 to March 13,…
By Sylvanus OBASI, Lagos The Nigeria Customs Service, Area II Command, Onne Port, Rivers State has recorded an unprecedented, historical milestone in the area of revenue generation. An overwhelming daily revenue collection of twenty two billion, one hundred and eighty four million, eight hundred and ninety nine thousand, five hundred and eight naira (₦22,184,899,508.00) in…
By Sylvanus OBASI, Lagos The Central Bank of Nigeria (CBN) has yet again increased the exchange rate used for calculating Customs duties at the seaports in the country. According to data from the official trade portal of the Nigeria Customs Service, the exchange rate was adjusted upwards on Monday, February 12th, from 1,417.635 Naira per…
… Projects Exceeding Revenue Goals The Comptroller-General of the Customs, CGC Bashir Adewale Adeniyi MFR, presented the Service’s 2024 budget on Monday to the Nigeria Senate Committee on Customs at the National Assembly. The CG, while defending the 2024 budget of 706.43 billion naira, focused attention on consolidating carried-over projects, increasing staff welfare by improving…
By Sylvanus OBASI, Lagos. The Nigeria Customs Service, Area II Command, Onne Port, Rivers State joins Customs formations all over the World to celebrate International Customs Day in high spirit. This is even as the command has surpassed its January revenue target with 5 more working days to spare. Speaking in Onne while addressing stakeholders…
Dr. Taiwo Afolabi, Chairman, SIFAX Group, has commended the appointment of Mr. Adewale Adeniyi as the Acting Comptroller General of the Nigeria Customs Service by President Bola Tinubu. In a congratulatory letter to the new Customs boss, Afolabi hailed the dedication and commitment Adeniyi has shown over the years to the Service. He said: “Rising…
