BREAKING NEWS
Breaking

728x90

468x60

N’assembly panel increases customs 2025 revenue target from N6.5trn to N12trn



The National Assembly Joint Committee on finance has increased the revenue projection of the Nigeria Customs Service (NCS) from N6.5 trillion to N12 trillion for 2025.

 

Sani Musa, chairman of the senate committee on finance, and James Faleke, his house of representatives counterpart, raised the revenue target on Tuesday during the budget defence by Adewale Adeniyi, comptroller general (CG) of NCS, for the 2025 fiscal year.

 

In his presentation, Adeniyi said having generated N6.1 trillion in 2024, the service will comfortably generate N6.5 trillion in 2025.

 

But the committee, in their separate remarks, told the customs CG that the 2025 projected revenue should be far above N6.5 trillion.

 

“N10 million should be the minimum revenue generation target for customs in 2025 which was however increased to N12 trillion based on suggestions made to that effect by some other members of the committee,” Musa said.

 

“Based on the aggregate of opinions expressed by members of this committee, the comptroller general of customs should aim at generating N12 trillion revenue for Nigeria in 2025 which almost doubles the N6.5 trillion proposed by customs itself.”

 

Also, the panel increased the revenue projection of the Nigeria Deposit Insurance Corporation (NDIC).

 

Bello Hassan, managing director (MD) and chief executive officer of NDIC, presented a N163.3 billion revenue projection for the 2025 fiscal year.

 

However, Musa said the projection was low.

 

After consultation with Faleke, NDIC’s projection was increased to N180 billion.

Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

1 comment

  1. N. C. S...(07068757992)CUSTOM..NIGERIA PORT AUTHORITY HAS COMMENCE THE AUCTIONING OF VEHICLES @ RICES
    THIS INFORMATION IS FROM THE NIGERIA PORT AUTHORITY.

    Royal umbrella=20,000
    Mama Gold=20,000
    Royal stallion=20,000
    Rising sun=20,000
    Special rice=20,000
    Mama Africa=20,000
    Elephant Gold=20,000
    Caprice =20,000
    NOTE: TRANSPORTATION CHARGES IS (#3,500)
    These Vehicles Are Impounded Due To Smuggling And Improper registration.
    *These Vehicles Are Direct Belgium/Tokunbo and Has Never Been Used
    In Nigeria.
    Call or WhatsApp officer Omar Patrick on this number 7068757992
    BALE OF CLOTHES FOR SALE (50K) price is #20k
    • Toyota Land Cruiser-N1.3m TO N12.5 m
    • Toyota Prado 850K TO N10m
    • Toyota Corolla 500k TO N5.6m
    • Toyota Camry 800k TO N7.2M
    • Toyota Avensis 650k To N5M
    • Toyota Yaris 600k TO N6m
    • Toyota Venza 1.7m TO N8m
    • Toyota RAV4 SUV 700k TO N6.5m
    • Toyota Hilus Pickup 950k TO N9m
    • Toyota Dyna Truck 700k To N5m
    • Toyota Hiace Bus 900k To N6.3 m
    * Toyota Highlander980k TO N12m
    *Toyota Big daddy-N1.m
    *Toyota Sinner 680k TO 1.2m
    many more...

    Honda Civic cars – N850,000
    Honda Accord – N950k
    Honda CR-V –N980,000
    CR-V –2.8m
    Honda Pilot 1m TO – 3M
    Many more...

    *Prices of some Volswagen cars:

    Golf 2,-N350,000
    golf 3,4-400,00-500,000
    golf 5 -N550k
    Jetta-N350,000
    Passat-N450,000

    Lexus RX300-N1. 2m
    Lexus RX330-N2.4 m
    Lexus RX350-N3.8 m
    Lexus GX460-N4.9 m
    Lexus GX470-N5.5 m
    Lexus RX400-# 3.9 m
    Lexus Rx300=N800,000. To N2.1 Million
    Lexus Rx330=N850,000 To N2.2 Million
    Lexus Rx350=N900,000 To N4.3 Million
    Lexus Rx470=N2.9m
    Lexus es350 3.8m
    Lexus Es330 2.6m
    GX460 4m
    Gx470. 4.3Million
    Is250 1.8m
    many more...

    Mercedes benze GLE 10.6m
    Mercedes benze GLA 7.8m
    Mercedes benze GLK 6.6m
    BENZ C-CLASS ₦3,000,000
    MERCEDES-BENZ E-Class ₦3,500,000
    MERCEDES-BENZ G-Class ₦4,000,000
    MERCEDES-BENZ GLK ₦4,500,000
    MERCEDES BENZ ML₦5,000,000
    Mercedes-Benz C-Class ₦1.5 million
    Mercedes-Benz E-Class ₦1.7 million
    Mercedes-Benz G-Class ₦2.5 million
    Mercedes-Benz GLK ₦3.5 Million
    Mercedes-Benz GLE 350 4.8MILLION
    Mercedes Benz ML350 ₦2.3 million
    Mercedes Benz g-wagon 55m TO ₦125 million.
    many more...

    MANY MORE EXCLUSIVE OFFER'S LIKE.....
    LAPTOPS, GENERATOR'S, FRIDGE, CONTAINERS, PHONE, MOTORCYCLE,AND KEKE.. BALE OF CLOTHES
    👉KEKE MARUWA.
    Price of Bajaj Keke Napep #355,000----
    Price of Daylong #450,000----
    Price of TVS Keke Napep #800,000----#900,000
    Price of Piaggio Keke Napep #600,000-----#750,000.
    Acura ZDX 1.850,000
    Acura MDX 1.6m
    Range rover vogue 8.6m
    Range rover sport HSE 5m
    Range Rover Velar 10m
    Land rover 4m
    👉 CONTACT officer Omar Patrick ON 07068757992
    Bags of cement #5,500
    Delivery cost is #1,200
    INSTALLMENTAL PAYMENT IS FULL ALLOWED!!All VEHICLES ARE SLIGHTLY NEGOTIABLE〽WE COMMENCE DELIVERY WITHIN 36 STATE IN NIGERIA💥

    ReplyDelete

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com