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Nairametrics
Home Business News Business

Customs Tin-Can Island Command generates N112.7 billion in Q1 2021

William Ukpe by William Ukpe
April 10, 2021
in Business, Business News
NCS
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The Nigerian Customs Service revealed that its Tin-Can Island Command has a first-quarter revenue of N112.7 billion in 2021. This is a N21.1 billion increase in revenue compared to a revenue of N91.6 billion in Q1 2020.

This was disclosed by Mr Mba Musa, Customs Area Controller, in a statement on Friday.

“The comparative analysis of quarter one revenue collection from 2018 to 2021 are as follows: in 2018, N76,789,721,107.42; in 2019, N78,857,106,168.27; and in 2020, N91,635,998,490.73,” the customs boss said.

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READ: Customs revenue rises by N200 billion to hit N1.5 trillion in 2020

“This improvement is despite the twin threat to lives and livelihood posed by the COVID-19 pandemic. The command has inspired their officers to continue to work hard while observing all the safety measures to achieve the best of performance.

“We kept our lines of communication open and concerted effort was made to ensure that the supply chain is not disrupted,” he added.

READ MORE: Customs officers must declare their assets annually – Customs boss

What you should know: The Nigeria Customs Service (NCS) generated a revenue of N1.5 trillion for the year 2020, a rise compared to N1.3 trillion in 2019.


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Tags: Nigerian Customs Service (NCS)
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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