… Adeniyi reads riot act to illicit traders: Smuggling will soon be like ‘Camel passing through the needle’s eye’!
The Comptroller General of Customs CGC Adewale Adeniyi, on Sunday, sent out warning signals to Illicit traders, stressing that the Service will strengthen its anti-smuggling strategy this year, in a genuine bid to improve performance and boost the nation’s revenue profile.
The CGC gave the warning in his New Year message, noting that smuggling in Nigeria may soon look like the camel, passing through the needle’s eye.
Adeniyi said the NCS was determined to improve its statutory function of revenue collection through import and excise duties among other taxes and levies in 2024.
”As we celebrate the new year, the Nigeria Customs Service encourages all importers, exporters and excise traders to remain compliant and say no to smuggling and any form of illicit trade,”
He said that concerted efforts were required among all stakeholders and called for more cooperation with the Service to achieve the feat.
”As we celebrate the new year, the Nigeria Customs Service encourages all importers, exporters and excise traders to remain compliant and say no to smuggling and any form of illicit trade,” he said.
At the budget defence for 2024, Adeniyi had told the legislators that though the customs revenue target for 2023 was N3.684 trillion, the Service had generated the sum of N2.959 trillion so far, representing 81 percent of the year’s projected income.
He added that other measures were being put in place to increase revenue generation, including “deepening” operations and automating customs processes.
ADVERTISEMENTS
Pythrocin distributed by Pinnacle Health Pharmaceuticals Ltd
