Nigeria Customs Service (NCS) experienced a 127% revenue increase in H1 2024, collecting N2.74tn compared to 2023's N1.2tn.
Nigeria Customs Service (NCS) recorded a 127% increase in revenue in the first half of 2024, collecting N2.74tn compared to N1.2tn in 2023. The service's Mid-Year Performance indicates success, with the e-auction platform generating over N1.34bn and a 90-day duty payment window for uncustomed vehicles adding N4.37bn. The revenue surpassed the target by 8% and marked a 131% increase over Q2 2023.
July 29, 2024
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