Customs Rakes In Over N5bn Daily Since Border Closure – Ali
The Comptroller-General of the Nigerian Customs Service, Col. Hameed Ali, yesterday claimed that the agency had been benefitting in terms of revenue generation from the closure of the country’s borders by the Federal Government.
Ali made this claim when he appeared before the Senate and House of Representatives Joint Committees on Finance and National Planning, working on the 2020 – 2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.
According to him, the Customs has been raking in between N4.7 billion and N5.8 billion since the Federal Government closed the borders.
The development came just as the joint panel summoned the Central Bank of Nigeria Governor, Godwin Emefiele, and the Controller-General of the Nigerian Immigration Service, Muhammed Babandede, to appear before it today.
The heads of the two agencies are expected to brief the joint panel on the MTEF/FSP documents.
While addressing the members of the National Assembly, the NCS boss, told the legislators that the land border closure was a blessing to the nation.
He said, “When we closed the border, my fear was that our revenue was going to drop. To be honest, our revenue kept increasing.
“There was a day in September that we collected N9.2 billion in one day. It has never happened before.
“This is after the closure of the border and since then, we have maintained an average of about N4.7 billion to N5.8 billion on a daily basis which is far more than we used to collect.
“What we have discovered is that most of those cargoes that used to go to Benin Republic, were shipped to Benin and then discharged and smuggled into Nigeria.
“Now that we have closed the border, they are forced to bring their goods to either Apapa or Tin Can Island and we have to collect duty on them.
“If that would continue to us it is a welcome situation. Our revenue has not reduced. As a matter of fact, it is increasing as a result of closing the border.
“About 10.2 million litres of fuel has now been cut down from what we have been assuming to have been consuming.
“This 10.2 million litres of fuel is always going to across the border. The issue here is that there is incentive because there is price differential.
“That is why our people keep pushing this fuel. If you go to Ilaro today, the filling stations that are there are over 50 to 60 in one place at Idiroko and they are close to the border.
“What we have discovered is that they bring in fuel in the afternoon and in the night they siphon it. They do that everyday and this is why we keep saying we are consuming so many litres of fuel every day.”
– Goldmyne TV