• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, November 4, 2025
  • 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

Customs fails to meet revenue target of N3trn, Why?

Customs

The Matters Press by The Matters Press
February 3, 2023
Reading Time: 1 min read
0
Customs fails to meet revenue target of N3trn, Why?

The Comptroller-General of Nigeria Customs Service(NCS), retired Col. Hameed Ali, says the service did not meet its 2022 revenue target of N3 trillion.

RELATED POSTS

*Tinubu’s poverty reduction measures expansive than others, likely to succeed – IMPI*

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

He said in Abuja on Thursday during an interaction with the media to mark the end of a three day Global Conference organised by the World Customs Organisation (WCO).

Ali said the service had set a target of Three Trillion, One Hundred Billion Naira but was able to generate “Two Trillion, Six Hundred billion, with a shortfall of over Four Hundred Billion Naira.

He said factors like unpredicted stock market and Fiscal Polices of Government such as waivers and concessions led to the shortfall.

The Comptroller-General further said “non-commencement of carbonated drinks tarrif, telecommunications tarrif, among other things, affected actualisation of the service’s target for 2022.”

He said the service was “hopeful that 2023 will be better if all these factors would be put in place.

On the theme of the conference, ‘Enabling Customs in Fragile and Conflict Affected Situations’, Ali said he was disturbed by the spate of insecurity at the borders.

He said besides efforts been made to get officers fully equipped for the job, the service was not resting on its oars to build the capacity of officers, for effective utilisation.

Ali assured that he would do everything his reach to reposition the service.

Tags: CustomsRevenue
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

*Tinubu’s poverty reduction measures expansive than others, likely to succeed – IMPI*

November 3, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

October 24, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
Next Post
Infrastructure gulp N2,7tn in Nigeria

Pension Administrators move to invest in infrastructure in 2023

UNGA: Buhari addresses the World

Diversification, digital economy successful – Buhari

Recommended Stories

NBS reports increase in Inflation

Zulum meets marketers over inflation

February 15, 2024
FG achieves economic growth in spite of global shocks – Minister

Economic growth in Sub-Saharan Africa to drop by 3.3% in 2023 – IMF

October 12, 2023
Court visits Patience Jonathan’s money palaver

Court visits Patience Jonathan’s money palaver

March 13, 2019

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    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
  • Hoarding causes hike in prices of grains

    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

  • *Tinubu’s poverty reduction measures expansive than others, likely to succeed – IMPI*
  • Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence
  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

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