• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, August 31, 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

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

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

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

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

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

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
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
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

Cash, petrol scarcity create food crisis in Nigeria

Ministry, IFAD partner to strengthen food security

October 5, 2023
Tinubu’s tax policy favours Nigerians, moves to cut taxes from 200 to 10

Tinubu’s nationwide broadcast on hardship protest

August 4, 2024
Stop rights violation, Buhari warns police

Police recruitment begins in Nigeria

October 14, 2023

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

  • Finance bill 2027, a wake-up call to free trade zone stakeholders
  • ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY
  • Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

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