Reps charge Customs to generate extra N200bn; put total at N1.68trn

Reps Increase Customs’ Revenue Target To N1.6trn

Reps charge Customs to generate extra N200bn; put total at N1.68trn     The House of Representatives on Thursday increased the revenue target of the Nigeria Customs Service (NCS) from N1.47 trillion to N1.68 trillion as expected revenue for the 2021 fiscal year. The House also approved about N257,183,671,694.71 as budget for the NCS for this year and another N216,646,579,231 as budget for the Federal Inland Revenue Service (FIRS) for the same period. The House also approved the request from the president to borrow about $1.5 billion and Euro 995…

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