Apapa Customs Adds N203bn To Federation Account

By Modinat Eniodunmo The Apapa Area Command of the Nigeria Customs Service (NCS), generated revenue to the federation account totaling N203.2 billion in the half year 2019, the command has said. The figure is higher than N176. 7billion generated in the corresponding year 2018 and represents 54.5% of the annual revenue target of the command. It also recorded $46, 613, 453.75 as a Free On Board (FOB) value for exported goods within the period, according to Muhammad Abba Kura, the area controller. Abba Kura disclosed this on Tuesday in Apapa…

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Customs: Hits N1 Trillion Revenue In 10 Months

Bayo Bernard The Nigerian Customs Service, NCS, appear ready to break the N1.3 billion revenue it generated last year for the federal government barely two months into the new year. There were initial fears that the Hameed Ali led NCS may fail to hit the revenue target set for it by the President Muhammadu Buhari administration due to lull in importation. Economic depression experienced during the first two years of the administration has affected all revenue generating agencies, including the customs. Revenue from its two major formations, Apapa and Tin…

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