COVID-19: NCS Exceeds Revenue Expectations Despite Uncertainties

While speaking on the topic: “Trade facilitation, a tool for enhanced revenue generation: The NCS perspective”, Bomodi noted that “2021 has been eventful for NCS, as it achieves major milestones, in spite of the debilitating effect of COVID-19, which has had negative effects on the socio-economic lives of people around the globe.

“The year began with high expectations with regards to revenue generation and the enforcement of fiscal policy and based on 2020 target achieved was given the onerous task of collecting N1.679 trillion.

“In the current year, the NCS has already exceeded expectations in revenue generation by going beyond the target set for it by the government, achieving N2.3 trillion.

“In August, the service made seizures of 17,137 kg of pangolin scales, 44 kg elephant tusks and 60 kg in pangolin claws all valued at over N22 billion.

“This was made possible through active collaboration between NCS, U.S, the UK, and German officials who helped in tracking the suspicious shipment and led to the arrest and prosecution of some foreign nationals and their local collaborators.

“In October FOU operatives in zone, A seized 751 bullets concealed in garri sacks, while arms, ammunition and military uniforms were intercepted at Tincan port Lagos in September just to mention a few.

“Our warehouses in all border formations are overflowing with seizures of rice, groundnut oil, used clothing, used vehicles and others."

He continued by stating that the NCS is looking forward to a work environment where respect for principles and practice of international trade are the watchwords and that to enhance trade facilitation, NCS had integrated and automated over 90 per cent of its activities.

He concluded by pointing out that the e-customs project will be taking off in 2022 which would provide end-to-end automation aimed at eliminating physical contact.