BREAKING: Customs Generate Over N6.1trn In 2024, Target N8trn In 2025
The Nigeria Customs Service has surpassed its revenue target for 2024 after generating a total of N6,105,315,543,489,50 in the year.
The Comptroller General of Customs, Adewale Adeniyi, disclosed this at an ongoing press briefing in Abuja on the service’s performance in 2024.
The collection, according to the CGC, has been highest in recent years when compared to the immediate corresponding years of 2022 and 2023, where the service recorded shortfalls by 14 per cent and 13 per cent of its targets, respectively.
The 2024 collection represents a 20.2 per cent increase from the N5.09trn revenue generation target in the year under review, surpassing its target by over N1.2trn.
The collected revenue also represented a 90.4 per cent increase from the performance in 2023.
Details later…
BREAKING: Customs Generate Over N6.1trn In 2024, Target N8trn In 2025 is first published on The Whistler Newspaper
