*We have already boarded and fastened our
seat belts towards the realization of this revenue target – Compt.Malanta
By Silas Onuoha
The Federal Government has set N4.1trillion revenue target for the Nigeria Customs Service (NCS) for the 2022 fiscal year.
Representing an increase of N2.5trillion when compared to the N1.6trillion target for the past year 2021.
The Service had generated the sum of N2.2trillion in 2021, exceeding it’s target of N1.6trillion.
Briefing the media in Lagos, the area Controller of Apapa Command, Comptroller Yusuf Malanta, informed that the Service will leverage on the deployment of digital transformation of the Customs business processes to realise the placed target.
“2022 is the year of hope and high expectations, particularly with the increase in the service revenue target to N4.1 trillion naira. For us in Apapa Area Command, we have already boarded and fastened our seat towards the realisation of this revenue target.
We hope that the Service will leverage on the deployment of digital transformation of the Customs business processes which will further take care of many control mechanisms through its risk management system.
This transformation will further harmonise the activities of our stakeholders toward a seamless ease of doing business in the port.”
On the activities of Apapa command for the year 2021, Compt. Malanta informed that the command takes the lead in generating a total of N870.4billion revenue to FG account from January to December 2021 as against N518.4 billion collected in 2020 presenting a 68 percent increase.
In spite of the challenges faced in the trade supply chain occasioned by the COVID-19 pandemic, high cost of freight, incessant traffic gridlock, rail construction through the port, as well as ensuring increase in compliance level from stakeholders the amount was realised, he said.