The sum of N3.01 trillion as the 2022 revenue target for the Nigeria Customs Service (NCS) has been approved by the House of Representatives Committee on Customs and Excise.This is with the committee also approving N369 billion as the 2022 budget for the service.
This was stated by the Chairman House Committee on Customs and Excise, Leke Abejide, when the Comptroller-General of the service, Hameed Ali, appeared before the committee to defend the service’s 2022 budget.
Abejide applauded the NCS for exceeding the N1.678 trillion for the 2021 revenue target.
He recalled that during the 2021 budget defence, the CGC presented the sum of N1.465 trillion, which he said was low compared to the parameters prevailing at the time.
He listed the parameters to include reduction and removal of the 35 per cent levy on new automobiles and devaluation of the Naira by the Central Bank of Nigeria.
He also mentioned the availability of COVID-19 vaccines which made many economies hitherto closed to be opened.Speaking further, Abejide said the house jerked up the revenue target to N1.678 trillion.
He said that though the CGC and his team were skeptical about meeting the target at the end of 2021, the NCS collected N2.241 trillion, thus exceeding the revenue target for the year.
“You have indeed performed well in this area and that is very commendable,” Mr Abejide said, urging the service to improve its revenue collections in 2022.
In the meantime, Ali stated that N45.89 billion was earmarked as running cost, N5 billion for staff loan and advances and N12.57 billion for miscellaneous expenses.
He added that N4.2 billion was earmarked for transport allowance of officers on local and international training, while N1.5 billion would go to general maintenance.He however, noted that the service has no accommodation for its staff.
He said the situation had forced their personnel “to go and rest in those smugglers’ accommodations to find shelter; the places are not conducive.”
