Compt. Nnadi Declares 2024 “Year of Stakeholders”

as TinCan Command Generates 89.3% of it's 2023 revenue

…Says Customs management allocates N1.130 Trillion revenue target to TIPC for 2024

ZAINAB JUNAID

The Customs Area Controller, TinCan Island Port Command of the Nigeria Customs Service, Comptroller Dera Nnadi mni, has declared year 2024 “Year of Stakeholders” for their positive impact in realising about 89.3% of the Command’s 2023 revenue target, that is Seven Hundred and Sixteen Billion, four hundred and seventy nine million, seven thousand, five hundred and seventy six naira, seventy four kobo(N716,479,007,576.074k) out of the allocated eight hundred and one billion, one hundred and forty million, two hundred and ninety seven thousand, four hundred and seven, sixty six kobo(N801,142,297,407.66k).

This indicates an improvement in revenue by N142,093,937,901.34k from 574, 385,069,657.40k revenue generated in the preceding year 2022.

Speaking at a press briefing held at the Command’s headquarters on Tuesday, January 16, 2023, to review the Command’s performance in 2023 and also disclosed it’s new revenue target for 2024, the Area Controller said despite the economic hardship experienced in the first half year 2023, the feat was realizable due to the timely payment of duties by importers and agents.

Comptroller Nnadi said as part of reciprocating stakeholders gesture, the Command is willing to engage in more robust engagement with them by introducing a reward system for those that embrace genuine declaration.

According to him, "the Command will continue to provide a conducive environment for trade through continuous engagement and collaboration with relevant stakeholders and regulatory agencies of government, especially those that always have genuine declaration. Nevertheless, the Command will not hesitate to deal with those who are not willing to comply with the law."

Speaking on revenue target for 2024, Comptroller Nnadi disclosed that Customs Management allocated one trillion ,one hundred and thirty billion,seven hundred and sixty eight million, fifty one thousand, eight hundred and eighty one naira, twenty nine kobo(N1,130,768,051,881.29) revenue for 2024 which translates to a monthly collection of 94,230,670,990.11; weekly collection of 21,662,223,216.12 and daily average of 4,332,444,643.22.

In view of the new revenue target which is 27% of the whole Nigeria Customs Service allocated revenue of about 5.079 Trillion by the Federal Government, Comptroller Dera allayed fears out of Officers of the Command and encouraged them to engage in activities that will help enhance productivity.

According to him "the Command will continue to put in more effort towards better performance and is optimistic that with the content of digitisation of all customs processes and procedures based on the modernization agenda of the Service and the recent introduction of 24 hour work operations and optimization of the non-intrusive technology such as scanners, we would be able to achieve more in our core responsibilities. 

"Our projection will include improved performance in the areas of revenue collection, facilitation of legitimate trade, enhance the capacity and skills of officers and men of the Command as we continue to work in line with the CGC’s agenda to Reform, Restructure and Increase Revenue collection."

He also expressed gratitude our appreciation for the support and clear sense of direction from the Comptroller General of Customs Bashir Adeniyi MFR and the Management of Nigeria Customs Service for their relentless effort towards strengthening the capacity of the Service to perform its statutory responsibilities in line with international best practices.