Senate approves N1.678trn revenue target for NCS
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The Senate at the plenary on Wednesday approved a total of N1.678 trillion revenue target for the Nigerian Customs Service (NCS) for the 2021 fiscal year.
It also approved a total expenditure of N257 billion for the service, including retained earnings for its ongoing projects for the year as proposed by the Senate Committee on Customs Excise and Tariffs.
The approval followed the consideration and adoption of the report of the senate committee after the President of Senate, Ahmad Lawan, put it to voice vote.
Presenting the report, the Chairman of the committee, Sen.Francis Alimikhena (APC-Edo) said the NCS had proposed a revenue target of N1.46 trillion.