Finance Act negates our mandate to generate revenue, CG Customs raises alarm

The Comptroller General, Nigeria Customs Service, NCS, Hameed Ali on Monday raised concern over the Finance Act saying that some sections of the Act, negates 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.

The session was organised “On the need to improve internally generated revenue of the Federal Government of Nigeria and revenue projections of the agencies as contained in the Appropriation Act 2022.”

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.

Mr Ali in his submission noted that “If we are talking of collection based on the provisions of the finance act, we must be sure we still have the mandate to collect.

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

Reacting, President of the Senate, Ahmad Lawan said “now it’s not even about targets. You are saying that you don’t even have any legal mandate to collect revenue. This is a very scary revelation.

Chairman of the Committee, Solomon Adeola said: “that section of the bill is not targeted at you.

The Federal Government had said it intends to generate N10.7 trillion as revenue in the 2022 fiscal year.

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