FG gives Customs N1.5trillion target for 2020, comptroller raises it to N2tr

A statement by the spokesman of the Economic and Financial Crimes Commission (EFCC), Tony Orilade, has disclosed the resolution of the Nigeria Customs Service (NCS), to generate Two trillion naira in 2020. While the Federal Government gave the Customs Service a revenue target of N1.5 trillion for year 2020, the Comptroller-General of Customs, Hameed Ali, has raised the target of the NIS to N2 trillion.

According to the Statement, the Port Harcourt Area Controller of the NIS, Comptroller M. B. Boyi, announced the revenue target, when Usman Imanm, Port Harcourt Zonal head of the EFCC, visited him.

The statements which says the NCS sought collaboration with the EFCC to assist it in realizing the 2020 revenue target handed to it by the Federal Government, quoted M. B. Boya as saying: “While the Federal Government gave the Service a revenue target of N1.5 trillion for 2020, the agency has a more ambitious projection of N2 trillion. Last year, government gave us a revenue target of N1 trillion, but we delivered N1.3 trillion. “This year, N1.5 trillion is the target. But instead of N1.5 trillion, the management said we should make it N2 trillion. We will do what we could to meet our target in this Command. This collaboration will help us. Where we have challenges, we will call on you.”