Customs collect over N4tn in 9 months, plan to exceed target – Newstrends
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Customs collect over N4tn in 9 months, plan to exceed target

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Comptroller-General of Nigeria Customs Service (NCS), Bashir Adewale Adeniyi

Customs collect over N4tn in 9 months, plan to exceed target

There are indications that the Nigerian Customs Service, NCS, is on the way to surpassing its 2024 revenue target. Information gathered by Vanguard shows that the Service collected a total of N4.07 trillion revenue as at end of third quarter 2024, Q3’24, which is about 7.6 percent higher than the prorated target of N3.81trillion for the period as given to it by the Federal Government.

With the Q3’24 figure Customs operatives hint that the fourth quarter, Q4’24, revenue would deliver the ambition to surpass the full year target of N5.1 trillion.

With the Q3’24 performance the Service now has an outstanding N981.9billion for the Q4’24 to meet its target for 2024 full year.

Vanguard also learnt that the performance so far in the last one year indicated that the new operating model and orientation introduced by the current Comptroller General, Mr. Adewale Adeniyi, has improved both the morale and efficiency of the operatives.

The collection data obtained by Vanguard showed that the month of September 2024 recorded a revenue collection of N423.2billion as against N320.9billion in the corresponding period of 2023.

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A breakdown of the revenue collection as contained in the data also showed that in January of 2024, it exceeded the monthly target, collecting N390.8 billion as against N199.8billion in January 2023, while the February revenue collection recorded a total of N450.2billion as against N88.6 billion in same month in 2023.

In March NCS revenue was N506.6billion, still much higher than the N217.6 billion in the same month in 2023, and in April 2024 it collected N459.2 billion as against April 2023 record of N172.1billion.

In May of 2024 the revenue was N459billion as against N214.7billion of the same month in 2023, while in June 2024 it collected N464.6billion against N234billion in June 2023.

In July 2024 it recorded the highest monthly collection of N569billion, as against N314.1billion recorded in the same month of 2023. The figures in August was N475.5 billion as against N372.1 billion in August 2023.

 

Customs collect over N4tn in 9 months, plan to exceed target

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Tinubu not telling Nigerians the truth, says Sule Lamido

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President Bola Ahmed Tinubu

Tinubu not telling Nigerians the truth, says Sule Lamido

President Bola Tinubu has been accused of not being forthright about the true state of Nigeria under his administration.

Former Jigawa State Governor and senior Peoples Democratic Party (PDP) member, Sule Lamido, made the accusation while speaking on the BBC Hausa programme Gane Mini Hanya.

Lamido criticized both Tinubu and former President Muhammadu Buhari for what he described as a lack of transparency in governance.

“Buhari’s and Tinubu’s governments are not being transparent with Nigerians unlike during the time when PDP was in power where everything was transparent and open to all Nigerians,” Lamido said.

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He accused the two administrations of relying on propaganda rather than providing citizens with accurate information.

Lamido also expressed concerns over President Tinubu’s recent loan requests, questioning the logic behind them. “If Nigerians are being told the truth then there is nothing wrong with that, but how would you budget N30tn, generate N50tn and then request loan when you have a surplus of N20tn,” he said, referencing last year’s budget.

He described the situation as “reckless” and “selfish,” adding, “This recklessness and clear-cut selfishness is not done anywhere in the world, but yet you find (some) Nigerians supporting it. Visit social media and see how APC is being criticised, being referred to as calamity, yet you find some protecting it.”

Tinubu not telling Nigerians the truth, says Sule Lamido

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Nigeria Customs Service begins 2025 recruitment [How to apply]

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Nigeria Customs Service begins 2025 recruitment [How to apply]

The Nigeria Customs Service (NCS) has announced the commencement of its recruitment exercise, assuring Nigerians that the process is entirely free and fair.

The agency has cautioned the public to be vigilant against scammers who may attempt to exploit unsuspecting applicants during the recruitment period.

Applications are invited for positions in the Superintendent, Inspector, and Customs Assistant cadres as part of the Service’s plan to recruit 3,927 officers in 2025.

This initiative is aimed at enhancing trade facilitation and supporting Nigeria’s economic recovery efforts.

“Our recruitment is entirely free and fair. At no stage do we charge fees. Anyone requesting payment is a scammer,” the agency emphasized, urging applicants to be wary of fraudulent schemes.

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The NCS outlined eligibility criteria, stating that applicants must be Nigerian citizens by birth, possess a valid National Identification Number (NIN), and have no criminal record or ongoing investigations.

Academic qualifications for the three cadres are as follows:

Superintendent Cadre: A university degree or Higher National Diploma (HND) along with an NYSC discharge or exemption certificate.

Inspectorate Cadre: A National Diploma (ND) or Nigeria Certificate in Education (NCE) from an accredited institution.

Customs Assistant Cadre: At least an O’Level certificate (WAEC or NECO).

In addition to these qualifications, the NCS stressed that all applicants must be physically and mentally fit, providing evidence of medical fitness from a recognized government hospital.

Nigeria Customs Service begins 2025 recruitment [How to apply]

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Tinubu to critics: I won’t reduce my cabinet size

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President Bola Ahmed Tinubu

Tinubu to critics: I won’t reduce my cabinet size

President Bola Tinubu on Monday unequivocally responded to critics who described his cabinet as “bloated” by saying he is unprepared to reduce the size of his 48-man cabinet.

“I am not ready to shrink” the size of my cabinet, Tinubu said during a media chat at his Bourdillon residence in the highbrow Ikoyi area of Lagos State.

“I am not prepared to bring down the size of my cabinet,” the former Lagos governor said, arguing that “efficiency” has been at the core of his selection of ministers.

The president also said he has no regret removing the petrol subsidy in May 2023, saying Nigeria cannot continue to be Father Christmas to neighbouring countries.

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“I don’t have any regrets whatsoever in removing petrol subsidy. We are spending our future, we were just deceiving ourselves, that reform was necessary,” he told reporters.

Tinubu appointed 48 ministers in August 2023, three months after his inauguration. The Senate immediately screened and confirmed the ministers. One of the ministers, Betta Edu, was suspended in January while another, Simon Lalong, moved to the Senate.

There were calls for the President to reshuffle his cabinet as many Nigerians have not been impressed by the performance of some of the ministers, especially in the face of unprecedented inflation, excruciating economic situation and rising insecurity.

In October 2024, Tinubu re-assigned 10 ministers to new ministerial portfolios and appointed seven new ministers for Senate confirmation. He also sacked five of his ministers but critics insist that the President’s cabinet remains large, especially with the creation of a Livestock Ministry with a minister.

 

Tinubu to critics: I won’t reduce my cabinet size

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