Senate approves N5trn revenue target, N706bn budget for Customs The Senate recently approved Nigeria Customs Service's (NCS) budget for the year 2024, amounting to N706.4 billion, along with a revenue target set at N5.079 trillion. This decision came after careful consideration of the report presented by Senator Isah Jibrin on behalf of the Committee on Customs, Excise, and Tariffs. Jibrin highlighted various components of the NCS budget, with personnel costs totaling N225.99 billion, overhead costs at N111.76 billion, and ongoing capital projects at N148.42 billion. Additionally, N220.26 billion has been allocated...