The Nigeria Customs Service (NCS), Kwara State Command has confirmed that it generated N2.714 billion for the third quarter of year 2020.
This was disclosed to the Journalists through a press statement signed by the Public Relations Officer of the State command, Chado Zakari in Ilorin, kwara State capital yesterday said the amount was generated by the command between months of July and September.
The statement further said that “It is instructive to point out that the revenue feat was achieved as a result of Compt. Ahmed’s concerted and pragmatic efforts, sensitization and enlightenment of stakeholders, efficient utilization of available resources (human and material) as well as effective supervision and control”
The statement also said that the command experienced short fall of revenue in the past quarter due to some circumstances beyond their control and policies of government towards growing the economy of the country.
“Some of the factors which might have led to the short fall in revenue include, the government fiscal policies such as high excise duty rates which leads to low patronage of excise products, ban on importation of foreign rice and vehicles through the land borders, and general economic down turn occasioned by the COVID-19 pandemic, adding that the command could not generate any excise duties, in April, due to lockdown”
It further added that the state command has gone beyond Revenue Collection/Generation, to creating an enabling environment for legitimate businesses to thrive in line with the Comptroller General’s mandate, with the resolve by the Command to achieve and equally reduce the cost of doing business.
The 2020 revenue target for the Command is put at Eight billion and thirty eight million naira (N 8,038,000,000.00) out of which the Command has so far generated (N5, 058,906,272.17) Five Billion Fifty Eight Million Nine Hundred and Six Thousand Two Hundred Seventy Two Naira Seventy Kobo from January to September, 2020 which represents 62.9%.
Comments