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    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

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    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

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    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

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    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

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    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

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    • Bitcoin
    • Champions League
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    Gospel Musician Toluwanisings Dies, Family Confirms

    Gospel Musician Toluwanisings Dies, Family Confirms

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Ibusa-Born Temitope Chigbue Wins BBNaija Season 11

    Ibusa-Born Temitope Chigbue Wins BBNaija Season 11

    Julius Agwu Breaks Down in Tears Recalling Health Battle That Changed His Life

    Julius Agwu Breaks Down in Tears Recalling Health Battle That Changed His Life

    Phyna’s Better Training Gives Her the Winning Edge Over Me — Nkechi Blessing

    Phyna’s Better Training Gives Her the Winning Edge Over Me — Nkechi Blessing

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    Why Burna Boy Was the Perfect Fit for 2026 FIFA World Cup Anthem ‘Dai Dai’ – Shakira

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N5.7trn Customs Revenue, Yet Another Evidence Of Tinubu’s Economic Reengineering – TDF

The Daily Crucible by The Daily Crucible
November 17, 2024
in News
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N5.7trn Customs Revenue, Yet Another Evidence Of Tinubu’s Economic Reengineering – TDF

 

The Democratic Front (TDF) is thrilled by the heartwarming report that the Nigeria Customs Service has met its revenue target of N5.7 trillion even before the end of the year 2024.

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In a statement signed by its Chairman Mallam Danjuma Muhammad and Secretary, Chief Wale Adedayo, the group described it as a remarkable feat on the back of efforts by the President Bola Tinubu administration to boost the non-oil sector.

 

It read partly, “We consider this feat remarkable, against the backdrop of the ongoing reforms of President Bola Ahmed Tinubu to improve the operational efficiency of the Nigerian Customs Service, especially in its focus on partnership-driven approach to revenue collection and trade facilitation, as recently confirmed by the Comptroller-General, Adewale Adeniyi.

 

“It is even more exciting for us to acknowledge and commend the Customs Service for exceeding its 2024 projection of N5.1 trillion in 11 months.

 

“We see the feat as partly as a result of President Tinubu’s Port reforms, which metamorphosed into various modernization initiatives, streamlined clearing processes, and enthroned innovative risk management practices in the Nigerian Customs Service.

 

“We are also aware that the Federal Government’s directive on 24 – hour cargo clearance at major ports has significantly reduced cargo dwell time, minimized the risk of demurrage on the part of importers, and shortened the timing for cargo clearance at the ports.

 

“Furthermore, we laud the brilliant idea to introduce the Authorized Economic Operators Scheme into cargo clearance routine in the ports, and the Advance Ruling System, which have offered predictive rulings to stakeholders in engaging port processes and services, coupled with the deployment of non-intrusive inspection technology in managing risks and maintaining stringent control at the Port Terminals.

 

“We are convinced that these are part of the key measures behind the improved revenue generation capacity of the Customs Service under the Tinubu administration.

 

“Based on a careful assessment of the ongoing economic reforms of President Tinubu, we have no doubt that the success recorded by the Customs Service, will be replicated in other high revenue generating bodies like NNPCL, FIRS, NPA, and NIMASA. because the reforms are not only sweeping but also far-reaching and effective.”

 

TDF called on Nigerians to eschew sentiments and support the Tinubu administration in its bid to make Nigeria a better place for all to live.

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The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

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