The Murtala Muhammed Worldwide Airport (MMIA) Command of the Nigeria Customs Service (NCS) has reached a brand new monetary milestone, producing a document N71.63 billion in income in 2024, a 135 p.c development from 2023 when N41.130 billion was recorded.
The determine surpasses the command’s income goal of N56.86 billion by 20 p.c, making it its highest in historical past.
Effiong Harrison, Customs Space Controller, in an official assertion, lauded the efficiency of his officers as instrumental to the Command’s document achievement. Based on him, “The success of this command is a results of the dedication, dedication and adherence to excessive operational requirements by officers and males of the command.”
In July 2024, the command witnessed its largest haul, raking in N12.08 billion, its highest-ever month-to-month income. July was additionally significantly fruitful for the Command a decade in the past.
Learn additionally: South East Customs see 50% income rise in 2024
Within the first 7 months of 2015, The MMIA command generated over N20.111 billion as income from its operations, amassing over N5.209 billion within the month of July alone.
The Command’s income primarily got here from duties and taxes collected on imports and exports processed by means of the MMIA, a good portion probably originated from the Passenger Baggage Entry System (PBES), which automates the declaration and taxation of products introduced in by worldwide passengers.
Import duties, excise taxes, and levies on items shipped through air cargo, in addition to fines and penalties for non-compliance with customs rules additionally function income turbines. The obligation payable is calculated based mostly on the tendered bill worth of some gadgets.
Harrison inspired his officers to take care of excessive efficiency in 2025 to fulfill and surpass the yr’s income goal. “I need to urge the officers to accentuate their efforts to take care of these requirements as a way to generate extra income into the federal government coffers in 2025,” he mentioned.
Bethel Olujobi
Bethel is a journalist reporting on migration, and Nigeria’s diaspora relations for BusinessDay. He holds a Bachelor’s diploma in Mass Communication from the College of Jos, and is licensed by Reuters and Google. Drawing from his expertise working with different revered information suppliers, he presents a nuanced and knowledgeable perspective on the complexities of important issues. He’s based mostly in Lagos, Nigeria and infrequently commutes to Abuja.
