Revenue leakages: Senate probes Nigeria Customs Service

Revenue leakages: Senate probes Nigeria Customs Service

The Senate on Wednesday began comprehensive probe into the activities of the Nigeria Customs Service, NCS to block revenue leakages and enhance generation.The probe, launched by the Senate Committee on Customs and Excise, will look into ways to increase revenue generation capacity of the service.
The Chairman of the Committee, Sen. Hope Uzodimma, during an oversight visit to the NCS headquarters in Abuja, said the service should generate enough revenue to fund the nation’s budget.
He expressed displeasure at a report by the Ministry of Finance, which indicated that the NCS had generated less than N400bn so far in 2016.
Uzodinma said the Committee might re-enact the law establishing the service for optimal performance.
“We are looking into the operations of Customs Service; looking at the areas of revenue generation and possible leakages with a view to finding solutions. We have done detailed work and we have established contacts with all commands under the service.
“All we are...

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