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    MarketForces Africa » MarketForces News » Nigeria Customs Collects N2 Trillion Revenue in Apapa

    Nigeria Customs Collects N2 Trillion Revenue in Apapa

    Olu AnisereBy Olu AnisereNovember 20, 2024 News No Comments2 Mins Read
    Nigeria Customs Collects N2 Trillion Revenue in Apapa
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    Nigeria Customs Collects N2 Trillion Revenue in Apapa

    The Apapa Port Command of Nigeria Customs Service (NCS) says it collected N2.01 trillion in revenue as at November 19, 2024. The Customs Area Comptroller (CAC) of the command, Comptroller Babatunde Olomu, made the disclosure while addressing officers and men on a parade on Wednesday in Lagos.

    Olomu said the command would achieve its N2.2tr target for this year by the end of November ahead of December.

    He said that the command was drawing inspiration from the Comptroller-General of Customs, Bashir Adeniyi, who announced the total collection of N5.07tr by the service on Tuesday at the just concluded CGC Conference in Abuja.

    According to him, Apapa Port Command plays a critical role in the overall performance of the service nationwide.

    Olomu added  that the command contributed 40 per cent  of the N5.07 trillion  total target of the service that had been met so far, which underscored the high expectations and responsibility on the command.

    He said that the command is planning an award night for deserving officers and stakeholders that had contributed to its success in 2024.

    “We will also give plaques of award to some units and individuals for excellent discharge of their functions.

    “The Compliance Unit was honoured for the recovery of over N2 billion in the last three months.

    “Efforts of the Revenue Recovery Unit that also prevented the loss of N3 billion within the last three months was also recognised,” Olomu said.

    He said that Assistant Comptroller Muhammed Samad received an award from the CAC for due diligence and regular detection of under valuation.

    The Comptroller also honoured Inspector of Customs Adamu Bashir as best dressed and punctual officer. #Nigeria Customs Collects N2 Trillion Revenue in Apapa FG Earmarks N47.5bn for Upgrade of 50 Selected Schools

    Apapa Nigeria Customs Service
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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