Business A.M
No Result
View All Result
Saturday, August 15, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home Imo

Customs Area 1 Command Port Harcourt strains to meet N83.1bn revenue target

by Admin
July 29, 2025
in Imo
  • Must realize N250m daily, as port largely suffers from policy neglect

The Area 1 Command of Nigeria Customs Service (NCS), Port Harcourt is clearly under heavy strain to meet the revenue target of N83.1 billion for the 2020 fiscal year, given to it by its national command in Abuja.

The new target translates to a daily target of N250 million to be realised by the customs command from a Port Harcourt port that suffers very low cargo activity, due to Nigerian Ports Authority’s (NPA) alleged deliberate policy of neglect of Eastern ports.

By far, the Customs Service led by Hammed Ali, a retired army colonel, is apparently ramming down the throats of its regional commands the heavy revenue target of N1.679 trillion loaded on it by the Federal Government for the current fiscal year.

The central government, currently suffering from heavy revenue dip, desperately needs the cash to meet up with its financial demands. Last Thursday, the Senate after a rancorous session, approved $22.7 billion for President Muhammadu Buhari, which he said he needs to undertake infrastructural developments.

Awwal Mohammed, the newly appointed comptroller of Area 1 Command, Port Harcourt told a select group of journalists Friday that the new revenue target has placed them on their toes to realize it, at all costs. This was despite the command’s unprecedented feat of surpassing its 2019 target of N47.9 billion with N52.8 billion, an increase of N4.9 billion or 10.2 percent.

Mohammed said his administration at the Area 1 Command would be introducing some measures streamed around his “due process” policy. The expected measures include: a 100% physical inspection of all consignments/containers. This would be tinged with fast clearance of goods within 24 hours of placing containers for inspection.

He assured all importers and port users that there would not be any unnecessary delays at goods clearance; saying that such delays can only come when importers made improper declaration.

The Area 1 command comptroller said they would strictly follow things in line with the Federal Government’s ease-of-doing business mantra, aimed at attracting investors into the country.

He assured that, as much as possible, his management of Area 1 customs command would ensure a user-friendly atmosphere to all importers and port users.

The Area 1 customs command operate from a Port Harcourt Port that is over 100 years old, and now suffers from disuse of some of its facilities due to Nigeria’s notoriety in poor maintenance culture.

Admin
Admin
Previous Post

OPS hails Rivers’ improving business climate

Next Post

Elechi, CEO Vintage Group, NPOM award holder speaks on reasons for fishing festival

Next Post

Elechi, CEO Vintage Group, NPOM award holder speaks on reasons for fishing festival

  • Trending
  • Comments
  • Latest

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Onions up, tomatoes down as fresh produce market splits in August

Onions up, tomatoes down as fresh produce market splits in August

August 14, 2026
NAICOM verifies 50 insurers, reinsurers under new capital regime

NAICOM verifies 50 insurers, reinsurers under new capital regime

August 14, 2026
Trade, tech and investment top agenda for new US Consul General

Trade, tech and investment top agenda for new US Consul General

August 14, 2026
Nigeria’s attention economy: What seven months of Google searches reveal

Nigeria’s attention economy: What seven months of Google searches reveal

August 14, 2026

Popular News

  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Major tech companies conquering Africa with sports

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Onions up, tomatoes down as fresh produce market splits in August

Onions up, tomatoes down as fresh produce market splits in August

August 14, 2026
NAICOM verifies 50 insurers, reinsurers under new capital regime

NAICOM verifies 50 insurers, reinsurers under new capital regime

August 14, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M