NSC: 1billion naira made daily through import duty charges

According to a disclosure by the Controller-General of Customs, Colonel Hameed Ali (rtd), at Abuja on thursday, during a visit to the Chief of Naval Staff (CNS), Vice Admiral Ibok-Ete Ibas. , the Nigeria Custom Services, generates over one(1) billion revenue daily through import duty charges.

“Any day we declare a public holiday we lose money, in practical terms the Customs, our ports generate about N1 billion to N1.5 billion a day, so any day they say public holiday that N1.5 billion is
gone.

“And Nigerians love holiday, if Christmas falls on Saturday, we will say we want to have Monday as holiday, but to us it’s a pain because we are now looking at it in terms of raw cash.”. Colonel Hameed Ali, said.