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NCS 2024 Budget : Customs To Grant Waivers To Vehicle Importers To Pay Duties Within A Specific Time
NCS boss presents the Service’s 2024 budget to the Nigeria Senate Committee on Customs at the National Assembly.
Reveals plans to grant waivers to vehicle owners to pay import duties within a specific time to avoid sanctions.
Pledges to surpass the revenue target of N5.079 trillion in 2024, which he noted is 27.75 percent higher than the target of 2023.
Service plans to recruit 1,600 personnel in 2024, who will carry out Customs operations and guard duties.
The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, on Monday 5th February 2024 presented the Service’s 2024 budget to the Nigeria Senate Committee on Customs at the National Assembly.
The CG, while defending the 2024 budget of N706.43 billion, pledges to surpass the revenue target of N5.079 trillion in 2024, which he noted is 27.75 percent higher than the revenue target of 2023.
Additionally, the Comptroller General outlined strategies to achieve the 2024 target, which includes the implementation the National Single Window championed by the Federal Ministry of Finance.
He also talked on strategies to agonize and standardize Customs processes, port decongestion, anti-smuggling operations as well as collaboration with other agencies for efficiency and competitiveness.
The Comptroller-General of the Customs also emphasized supporting local production and taking food security seriously. He stated :
“We intend to grant waivers to vehicle owners to pay duties within a specific time to avoid sanctions and to regularize the importation of vehicles through payment of duties.”
He added that :
“The service plans to recruit 1,600 personnel in 2024. The low figure is due to the small vacancies we have available. These vacancies are primarily for junior staff who will carry out Customs operations and guard duties. In subsequent years, more recruitment exercises will be carried out.”
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