The Senate says the 2024, N5.079tr revenue target of the Nigeria Customs Service, NCS will be reviewed upwards from the second half of the year to save the country from further borrowings.

Chairman, Senate Committee on Customs, senator Isah Jibrin stated this at a crucial meeting with the Comptroller General of the Nigeria Customs Service, NCS, Adewale Adeniyi and top management staff of the service.

He told the Agency that the country is saddled with a lot of debt obligations and stressed the need to wriggle out of it through internally generated revenue.

The lawmaker further stressed that NCS is one of the major providers of internally generated revenue in the country and should play the major role in the drive to reducing the Nation’s debt burden.

Answering questions from the lawmakers, the Comptroller General of the Service, Adewale Adeniyi disclosed that the service is seeking approval from government to allow it give waivers to owners of smuggled cars to enable them regularise their payment of Customs duties.

By James Itodo, Edited By Grace Namiji