….Targets N1.47tn revenue 2021
The Comptroller General of the Nigeria Customs Service, Col. Hameed Ali (retd), told the Senate on Thursday that the nonfunctional scanners at the various Customs’ sites had adversely contributed to the agency’s inability to carry out effective examination for selective consignments.
Ali stated this when he appeared before the Senator Francis Alimikhena-led Committee on Customs, Excise and Tariff to defend the 2021 budget of the NCS.
He, however, said that if purchased, the NCS would make them available in Apapa and Port Harcourt ports.
Also Ali disclosed that saying Agency targeting a total of N1.47tn revenue this year.
He said that the N1.47tn included N1.27tn for Federation and N198bn for non-federation.
NCS Boss said when compared with the 2020 revenue target, the 2021 revenue target was higher by N85bn or 5.8 per cent.
Comptroller General also said that the NCS had proposed a budget expenditure of N242.45bn for the 2021 fiscal year.
He said the agency would source the fund from the seven per cent cost of collection for 2021 which was put at N96 94 bn.
Ali put the personnel cost at N99.72bn, representing 41.13 per cent ; overhead cost, N19.53bn, representing 8.06 per cent and capital cost at N123.20bn, representing 50.81 per cent.