02nd Oct, 2019 @ 22:21 PM


Nigerian Customs realizes over Five Billion Naira daily


Znebs

Reactions as Teebillz shades BBNaija female ex housemates while celebrating Tacha

Reactions as Teebillz shades BBNaija female ex housemates while celebrating Tacha " Simi reveals how she felt seeing her daughter for the first time after giving birth " Reactions as Nollywood actress Shan George berate ‘single mothers’ " Joro to Joro— Nigerians drag Harrysong after he subtly shaded Kcee by responding to a fan " Stop expecting too much from men— Ani Amatosero advises ladies " Blessing Okoro says her man must pay all the bills, gives reasons " Banky W and Adesua Etomi celebrates wedding anniversary with lovely photos " Mary Remy Njoku advises ladies who go after men because of money " Nollywood actress Uche Elendu laments after finding out an egg costs N90" Fans think Uti Nwachukwu is shading BBNaija’s Angel as he talks about mental health " Lady calls of wedding few hours to the ceremony after finding out groom to be is married with kids" Toke Makinwa gives her life to Christ, preaches on Instagram " Lai Mohammed insists there is no such thing as Lekki Massacre, says reports are fake" Angel blows hot over the rate at which Nigerians become power intoxicated after acquiring positions " Sister of lady who died in the Ikoyi building collapse dies 3 weeks after her sister’s death"

Znebs

The Comptroller-General of the Nigerian Customs Service, Hameed Ali, while before the National Assembly members on Wednesday, said that the agency realizes between N4.7billion and  N5.8billion daily since the Federal Government closed the Nation’s borders.

The Custom Comptroller-General made the above statement when he appeared before the Senate and House of Representatives joint committees on Finance and National Planning, working on the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.

The joint panel had recently summoned the Governor of Central Bank of Nigeria, Godwin Emefiele and the Controller-General of the Nigerian Immigration Service, Muhammed Babandede, to appear before it. Both are expected to brief the joint panel on the MTEF/FSP documents.

Hameed Ali addressed the lawmakers thus:

When we closed the border, my fear was that our revenue was going to drop. To be honest, our revenue kept increasing.

There was a day in September that we collected N9.2 billion in one day. It has never happened before.

This is after the closure of the border and since then, we have maintained an average of about N4.7 billion to N5.8 billion on a daily basis which is far more than we used to collect.

What we have discovered is that most of those cargoes that used to go to Benin (Republic) and are then smuggled into Nigeria (now come to us).

Now that we have closed the border they are forced to bring their goods to either Apapa or Tin Can Island and we have to collect duty on them.

If that (border closure) would continue, to us, it is a welcome situation. Our revenue has not reduced. As a matter of fact, it is increasing as a result of the closure of the border.

About 10.2million litres of fuel have now been cut down from what we assume, we have been consuming. 



Business

Znebs

“Naira is still strong, with N500 an average Nigerian can feed himself daily”- Segun Ajibola

“Naira is still strong, with N500 an average Nigerian can feed himself daily”- Segun Ajibola" Federal Government of Nigeria approves the construction of two seaports" Fidelity Bank Manager sent to prison for allegedly obtaining 42 Million naira" Oil discovered in North-East Nigeria - NNPC" Chinese farmer raises giant sized pigs" Nigerian Customs realizes over Five Billion Naira daily" NEXIM: Nigeria at great loss because of non-oil exports" Passengers Stranded, as World Oldest Travel Agency Collapse" British Prime Minister sparked a row over British Stock Exchange to the U.S" Technology Developmemt: Nigeria to Partner with South Korea" Over 40,000 jobs will be created through NLNG Projects; says Wabote." CTG Industry: Emefiele reveals CBN plan for the next three years" Nigeria Oil average price on Increase or Decrease: NBS reveals" Nigeria to stop Importation from Morocco, as sanction for crimes against Western Sahara"


PLEASE COMMENT ON THIS TOPIC