ADVERTISEMENT
Thursday, June 4, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Thursday, June 4, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Home » NCS Generates Historic N201.8 billion in July 2024

NCS Generates Historic N201.8 billion in July 2024

Adetunji Tobi by Adetunji Tobi
August 8, 2024
in Finance
Reading Time: 2 mins read
0
The Nigeria Customs S

Adewale, Adeniyi, the Comptroller-General of Customs

The Apapa Port Command of Nigeria Customs Service (NCS), said it generated   N201.8 billion for July 2024, its highest monthly collection in the history of the Service.  Abubakar Usman, the command’s public relations officer, said in a statement.

According to Usman, it also generated a total of N1.22 trillion as revenue between January and July 2024.

The Customs Area Controller of the Command, Comptroller Babatunde Olomu, disclosed, said he is committed to surpassing the existing records of revenue collection.

According to the CAC, the collected revenue for the seven months of 2024 is higher than the total revenue collected for the twelve months of 2023

He attributed the success to his implementation of the Comptroller General of Customs thrust of time release study to facilitate trade without delay.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

This move, according to him, yielded outstanding results, which were reflected in the command’s revenue collection.

Expressing confidence in the command’s ability to do better, Comptroller Olomu said, “I am optimistic about the possibility of beating this record as we look forward to surpassing it in months to come

“For the first seven months of 2024, that is January to July this year, the Apapa Area Command generated a total of N1, 227,431,323,016.24.

What has been generated so far for seven months is above the total collected revenue by the command in 2023, which was N1, 172,414,793,960.32.

“In clear terms, our 2024 seven months collection is above last year’s 12 months total collection. Worthy of note is the interventions from the Tariff and Trade Department, which has contributed immensely to the successes achieved thus far.

Our compliance desk, dispute resolution team, Valuation, PCA, CIU, and other units aimed at promoting seamless trade have been reinvigorated with daily, weekly, and monthly evaluations by my office to oversee the progress we are making.

“We are committed to doing more in line with the directives and motivating examples of the Comptroller General of Customs, Bashir Adewale Adeniyi, MFR DSM psc (+).

Apapa Command handles the highest volume of trade for the NCS, collects the highest revenue, and therefore is saddled with a higher degree of expectation from the management of the service and the government,” he said.

Comptroller Olomu met with stakeholders at the port before the commencement of the nationwide protests to assure them of customs availability for work during the period, a move that has further strengthened port users’ confidence.

He advised Apapa port users to embrace only legitimate trade and restated that the Apapa command is more alive to its responsibilities to detect all forms of concealment and plug any avenue for revenue leakage to the barest minimum.

0Shares
Previous Post

Five Ways to Keep Your Email Address-Kaspersky

Next Post

NCAA Launches Complaints Automation Portal

Adetunji Tobi

Adetunji Tobi

Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

Related Posts

Bitnob Launches Enterprise

Bitnob Launches Enterprise: Non-Custodial Infrastructure for Institutions

June 3, 2026
Jeremy Awori | Ecobank Group profit | Nature Bond

Ecobank Group Launches World First Nature Bond

June 3, 2026

Airtel Africa Surges 10% in a Week, Emerges NGX’s Star Large-Cap Performer

June 3, 2026
Load More
Next Post
NCAA Launches Complaints

NCAA Launches Complaints Automation Portal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.