CG Customs raises concern over Finance Act.

Written by on February 1, 2022

The Comptroller General, Nigeria Customs Service (NCS), rtd Col. Hameed Ali on Monday, raised concern over the Finance Act saying that some sections of the Act negate its mandate of revenue collection.

He raised the concern at an interactive session with the leadership of the Senate and Senate Committee on Finance held at the National Assembly Complex, Abuja.

He further explained that with the provisions of the Act, it meant that the Service did not have the responsibility to collect revenue.

The Federal Government said it intends to generate 10.7 trillion naira as revenue in the 2022 fiscal year.

The meeting also had in attendance other revenue generating agencies including Nigeria Immigration Service (NIS), Federal Inland Revenue Service (FIRS), Federal Road Safety Corps (FRSC) among others.

Seun Fakorede

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