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Lawan seeks increased oversight function
Deji Elumoye and Udora Orizu
The Senate on Wednesday approved the sum of N257,183,671,694.71 for the Nigeria Customs Service (NCS) in the 2021 fiscal year.
It also approved N1.678 trillion as target revenue of the agency for 2021.
The approvals were sequel to the consideration and adoption of the report of the Senate Committee on Customs, Excise and Tariff.
Presenting the report, the Chairman of the committee, Senator Francis Alimikhena, said out of the N257,183,671,694.71 approved as Customs budget for 2021,
N137,933,180,013.00 is for capital expenditure, while personnel and overhead costs are to claim N99,719,722,681.71 and N19,530,769,000.00 respectively.
Senate faults customs revenue target | Tribune Online
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Vanguard News
Reps receive Customs, FIRS 2021 budget reports
On
By Levinus Nwabughiogu-Abuja
House of Representatives yesterday received the reports of 2021 budgets for both the Nigerian Customs Service, NCS and the Federal Inland Revenue Service FIRS.
While the chairman, House Committee on Customs, Hon. Leke Abejide presented that of Customs, the chairman, Committee on Finance, Hon. James Faleke laid that of the FIRS.
Similarly, the House also consolidated two bills seeking to provide a legal framework for the establishment of national social investment Programmes for the assistance and empowerment of the poor and vulnerable in Nigeria.
Presenting the Customs report, Abejide said the budget of the agency for the 2021 fiscal year stood above N1trillion.