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News

January 26th, 2012

CUSTOMS TARGETS ONE TRILLION IN 2012


Nigeria Customs Service is targeting collection of One Trillion Naira revenue in the year 2012. Comptroller-General of Customs, Dikko Inde Abdullahi, disclosed this during the first revenue Strategy meeting for the new year held with Customs Area Controllers in Abuja.

The 2012 strategy he said will be based on a strict implementation of current fiscal policy anchored on increasing use of IT tools.

“We benefited tremendously from the use of System Audit last year, we are going to consolidate on that gains by tapping into the opportunities which the Asycuda System provides us”, he said.

In addition to the System Audit Strategy, the Comptroller-General disclosed that the use of the Risk Assessment Reports (RARs) will be closely monitored to prevent the rampant abuse of the system. He directed that all unutilized RARs carried over from 2011 and previous years be compiled and investigated.

He warned the Comptrollers that merit and performance shall be the major criteria for deployment, noting that no excuse will be entertained for non-performance. “Last year there was 25% increase in the volume of cargo imported into the country. If the tempo is sustained, our target is realizable” he added.

According to the Target Breakdown Apapa Port leads the pack, with N27 Billion projected Revenue. Revenue target for other Command include

• Tin-can Island Port - N22 Billion
• Onne Port - N10 Billion
• PTML (Tincan II) - N7.5 Billion
• Lilypond - N5 Billion
• Kirikiri Lighter - N 5 Billion
• Edo/Delta - N4.5 Billion
• Port Harcourt I - N4 Billion

Last year, the Nigeria Customs Service generated a total of N741,836,653,478, representing a surplus of N148 Billion Over the Service target of N596 Billion.



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