• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, September 23, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

N5.7 trillion Customs Revenue in 11 Months, yet another evidence of Tinubu’s economic reengineering – TDF

Customs

The Matters Press by The Matters Press
November 17, 2024
Reading Time: 2 mins read
0

The Democratic Front (TDF) is thrilled by the heartwarming report that the Nigeria Customs Service has met its revenue target of N5.7 trillion even before the end of the year 2024.

RELATED POSTS

BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties

IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy

Finance bill 2027, a wake-up call to free trade zone stakeholders

In a statement signed by its Chairman Mallam Danjuma Muhammad and Secretary, Chief Wale Adedayo, the group described it as a remarkable feat on the back of efforts by the President Bola Tinubu administration to boost the non-oil sector.

It read partly, “We consider this feat remarkable, against the backdrop of the ongoing reforms of President Bola Ahmed Tinubu to improve the operational efficiency of the Nigerian Customs Service, especially in its focus on partnership-driven approach to revenue collection and trade facilitation, as recently confirmed by the Comptroller-General, Adewale Adeniyi.

“It is even more exciting for us to acknowledge and commend the Customs Service for exceeding its 2024 projection of N5.1 trillion in 11 months.

“We see the feat as partly as a result of President Tinubu’s Port reforms, which metamorphosed into various modernization initiatives, streamlined clearing processes, and enthroned innovative risk management practices in the Nigerian Customs Service.

“We are also aware that the Federal Government’s directive on 24 – hour cargo clearance at major ports has significantly reduced cargo dwell time, minimized the risk of demurrage on the part of importers, and shortened the timing for cargo clearance at the ports.

“Furthermore, we laud the brilliant idea to introduce the Authorized Economic Operators Scheme into cargo clearance routine in the ports, and the Advance Ruling System, which have offered predictive rulings to stakeholders in engaging port processes and services, coupled with the deployment of non-intrusive inspection technology in managing risks and maintaining stringent control at the Port Terminals.

“We are convinced that these are part of the key measures behind the improved revenue generation capacity of the Customs Service under the Tinubu administration.

“Based on a careful assessment of the ongoing economic reforms of President Tinubu, we have no doubt that the success recorded by the Customs Service, will be replicated in other high revenue generating bodies like NNPCL, FIRS, NPA, and NIMASA. because the reforms are not only sweeping but also far-reaching and effective.”

TDF called on Nigerians to eschew sentiments and support the Tinubu administration in its bid to make Nigeria a better place for all to live.

End

Tags: Customs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties

September 13, 2026
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy

September 13, 2026
Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Next Post
Nigeria, India agree to strengthen economic, defence, digital, health ties

Nigeria, India agree to strengthen economic, defence, digital, health ties

Nigeria’s $1.2bn Aluminium firm revamp deal will fuel job creation, economic growth – TSF

Nigeria’s $1.2bn Aluminium firm revamp deal will fuel job creation, economic growth - TSF

Recommended Stories

Nigerian firms to handle $4b gas project

Eco Atlantic acquires more stakes in South Africa’s oil, gas

June 28, 2022
Nigeria gets AfDB’s $14m as member of ATI

AfDB approves equity investment of $20m

November 16, 2022
Buhari presents N8.8trn 2019 budget

Group condemns alleged Attempt to Overthrow Nigeria’s Democratic Government

September 4, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties
  • IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy
  • Finance bill 2027, a wake-up call to free trade zone stakeholders

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us