2013: FG sets N1.4trn target for Customs

The Federal Government has set the Nigeria Customs Service (NCS) the onerous task of collecting the sum of N1.4 trillion as revenue for 2013 fiscal year.
This is even as the Service failed to meet its self-imposed target of N1.2 trillion last year.
SHIPS & PORTS DAILY recalls that the Federal Government had set a revenue target of N800 billion last year for the NCS, which the Service hiked by N400 billion in setting its self-imposed N1.2 trillion 2012 target.
The Service, however, had been able to attain the Federal Government’s 2012 N800 billion target, exceeding it slightly.

The premier command, Apapa Area 1, in the breakdown of revenue distributed to the various Area Commands has the highest target of N470 billion, going by its monthly target of N39 billion.
The Tin-Can Island Port Command is expected to generate a monthly target of N28 billion, adding up to N339 billion this year.
Other commands such as Lagos Industrial and Lilypond commands are expected to generate a monthly target of N1billion, respectively, while Kirikiri Lighter Terminal Command has a target of N3 billion.

PTML and Seme Border commands, respectively, have a monthly target of N10 billion and N1billion.
The Murtala Muhammed International Airport Command has a monthly target of N4 billion.SHIPS & PORTS DAILY recalls that the various revenue-generating commands had failed to meet the revenue target set for them last year by the Customs Headquarters, Abuja.

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