Nigeria Customs Partners Joint Tax Board to enhance Effective Tax Management

The collaborative efforts between the two entities underscore both organizations' commitment to fostering synergy in addressing crucial issues related to tax management and system integration.

ZAINAB JUNAID 

In a bid to enhance effective tax management in Nigeria, Mr. Olusegun Adesokan, the Secretary of the Joint Tax Board, has solicited collaboration with Comptroller General of Customs, Bashir Adewale Adeniyi, MFR.

The robust collaboration is meant to resolve crucial matters which includes system integration and the finalization of the Memorandum of Understanding (MOU) between the Nigeria Customs Service (NCS) and the Joint Tax Board.

While on a visit to the Nigeria Customs Service Headquarters in Abuja on Tuesday January 16, 2023, Mr. Adesokan highlighted the need for a robust partnership between the Tax Board and Customs. The issues of system integration and the pending MOU between the two agencies were emphasized, with discussions touching on a proposed technical training session to strengthen the collaboration further.

Comptroller General of Customs Bashir Adewale Adeniyi emphasized the importance of engaging stakeholders in achieving effective tax management. Stressing the collaborative imperative, he acknowledged that no entity can handle such matters in isolation. The CGC expressed his commitment to liaise with the Human Resources Department to explore the proposed technical training session. Additionally, he directs the legal teams to hasten the processes that will lead to the actualization of the MOU. 

Assistant Comptroller General of Customs in charge of ICT/Modernization Kikelomo Adeola, in her briefing, highlighted the advancements in integration with the Federal Road Safety Corps (FRSC). The integration aims to register only those vehicles that have paid the correct customs duties, contributing to efficient tax management.

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.