The revenue collection of Seme Border Command of the Nigerian Customs Service(NCS) has been on the astronomical rise since Comptroller Timi Bomodi took over the command on 18th of September this year.
The command generated N1.9bn between January and September 18, 2023 before Bomodi took over, that was for almost nine months.
However, by November, 2023 the command had generated over N4.4billion.
People’s Forum Online had exclusively reported in the middle of October that the command generated over N600 million within a month of Bomodi’s assumption of office as the command’s helmsman.
Addressing the media recently, he said that the command will continue to sustain the tempo in revenue drive elicited by the Comptroller General of Customs, Bashir Adewale Adeniyi, with a projection of generating over N5 billion by the end of December, 2023.
He disclosed that export proceeds of the command within the periods stand at over N8 billion.
The controller stressed that documenting cross-border activities is crucial for business growth, fostering data-driven decisions and attracting businesses seeking specific products moving through Seme.
Comptroller Bomodi is very optimistic that very soon the command will ultimately be recording between N11 billion and N12 billion annually, adding that with trade being boosted in the command Seme has the potential of generating well over N25 to N30 billion annually.
He declared that with the coming onboard of CGC Adeniyi the service has experienced many strategic reviews, with an unprecedented results in just a short while, even as things are beginning to pick up at all levels, human relations not left out.
Bomodi maintained that simplified automated processes will enhance trade facilitation, enabling smoother duty payments and examinations.