The Nigerian Customs Service (NCS) has achieved a record-breaking milestone by surpassing its N5.1 trillion revenue target for 2024.
This achievement, confirmed by the Comptroller-General, underscores NCS’s success in reforming and expanding its revenue collection efforts. The NCS attributes this significant increase to improved technology-driven systems and intensified enforcement measures that target revenue leakages.
Under this new leadership, the agency introduced innovations in monitoring, operational transparency, and stakeholder engagement, which have collectively enhanced the Customs’ ability to curb smuggling and increase compliance among importers and exporters. These efforts have made the agency not only a crucial player in Nigeria’s economic stability but also a model for effective customs operations across West Africa.
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The achievement has far-reaching implications for Nigeria’s economy, providing much-needed funds to support national projects and services. This surge in revenue generation reflects a broader trend of public sector agencies embracing digitalization to improve efficiency and transparency, paving the way for Nigeria’s economic growth.
