By Sabiu Abdullahi
The Nigeria Customs Service (NCS) has achieved its 2024 revenue target after collecting N5.07 trillion with over a month left in the fiscal year.
This is contained in a statement released by the service today via its spokesperson, Abdullahi Maiwada.
According to the statement, this milestone reflects the service’s ongoing dedication to trade facilitation and economic growth.
The Comptroller-General of Customs, Adewale Adeniyi, hailed this exceptional achievement as a testament to the strategic engagements and collaborative efforts that have been the cornerstone of the service’s approach this year.
The NCS’s success story in 2024 demonstrates a clear alignment with the Federal Government’s economic growth agenda, which proved that strategic reforms, technological advancements, and stakeholder collaboration are pivotal in driving Nigeria’s economic progress.
The Service’s commitment to fostering a business-friendly environment has garnered significant recognition, with a remarkable leap of 33 places in the Presidential Enabling Business Environment Council (PEBEC) rankings.
Adeniyi stated that the NCS’s achievements are a result of sustained reforms, which are aligned with global best practices.
These reforms have improved the efficiency of customs processes, enhanced stakeholder collaboration, and optimised revenue CVcollection methods.
The NCS has also made big strides in trade facilitation, with Nigeria’s first shipment under the African Continental Free Trade Area (AfCFTA) agreement, which made the country’s practical commitment to continental trade integration.