Nigeria’s external reserves gained $ 5.12 billion in 2021 – CBN – :::… The Tide News Online :::…

The Nigerian Customs Service (NCS) generated the sum of N 2,240,880,308,195.77 in 2021, which is higher than the target of N 1,678,715,016,014.00 set for the year.
It also exceeds the sum of 1,562,115,419,216.32 N generated in 2020, an increase of 43.45%.
The feat was described by the Comptroller General of Customs Colonel Hameed Ibrahim Ali (rtd) as the result of the resolute pursuit of what is right and the willingness to adapt to changes brought about by health challenges worldwide caused by COVID-19.
This was disclosed in a statement signed by the Public Relations Officer of the Comptroller General of Customs, Compt. Joseph O. Attah, yesterday.
The statement said in part, “The revenue generation profile of the service has continued to increase each year, as ongoing reforms in the service insist on the strategic deployment of agents using strictly standard operating procedure, strict enforcement. existing directives through tariff and trade. department, the automation of the customs process thus eliminating the vices associated with the manual process, a strong awareness of stakeholders resulting in more informed / voluntary compliance, and an increased willingness of officers and men to put the national interest before them themselves.
“Likewise, the service’s efforts to prevent the entry of items that could compromise the safety of our citizens, the economy and the well-being of our people resulted in the seizure of 5,096 items with a net value of 13,796,646,685.60 N. and 160 suspects at different levels of investigation or prosecution.
“Other significant achievements in 2021 that are capable of strengthening national security and the economy are the installation of three new scanners in Apapa, Tin-Can Island and Onne Ports, the introduction of the mobile tracker: a mobile application that allows individuals to remotely validate any declaration. / payment and especially the status of any vehicle / loading at any time. It can be installed on mobile devices, introduction of a standard operating procedure for the use of scanners, acquisition of heavy-duty armed trucks to secure anti-smuggling agents in an increasingly hostile environment and take-off process. electronic customs now at the stage of final signing of the agreement.
The service said the achievements are expected to have a positive impact on trade facilitation, fight smuggling, stop revenue leakage and have a significant impact on revenue generation and national security.
“The leadership of the NCS recognizes the selfless efforts of the officers and men who have remained fearless throughout the year, which resulted in these accomplishments.
“In light of this, the Comptroller General of Customs Col. Hameed Ibrahim Ali (rtd) congratulates all the officers and men for their hard work and instructs them all to do more in the new year.
“He also appreciates and commends the growing number of compliant traders, noting that compliance is a patriotic thing to be done by citizens who desire a better nation.
“While giving assurances of the service’s determination to continually seek ways to facilitate stakeholder compliance, the CGC prayed for the rest of the souls of those agents who have paid the ultimate price in the struggle. against smugglers. The living, he said, must support the fight in honor of the deceased.
“NCS remains fully committed to protecting national security and the economy, we call on Nigerians, especially the business community, to support NCS as our borders open to the Continental Free Trade Agreement Africa (AfCFTA) in order to benefit from the trade agreement and other cross-border activities, ”the statement added.

Shirlene J. Manley