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Customs generates N264.1bn in 12 months in Apapa


The Area Controller of the Nigerian Customs Service , Musa Jibrin, has revealed that the Nigeria Customs Service (NCS) generated the sum of N264.1billion between January and December 2016.

He further gave a breakdown saying that the sum of N18.97billion was realized in January, while N17.63billion and N16.51billion were generated in February and March, respectively. N16.84billion was generated from April, N15.08billion was generated in May, N19.34billion for June and N24.38billion for July. He also revealed that N31.24billion was recorded in August, N30.09billion for September, N24.44billion for October, N24.75billion for November and N24.85billion for December.

According to him, Value Added Tax(VAT), the ECOWAS trade Liberation Scheme(ETLS), the Common External Tarrif(CET) and the Comprehensive Import Supervision Scheme(CISS) were the major sources of revenue for the NCS in the past year.


 

Tags: Ncs  Revenue  Generation