The comptroller General of the Nigeria Customs Service (NCoS) Hameed Ali is recounting how the nation lost over N400b owing to insecurity, especially in the northeast in the year 2022.
Other factors responsible for the revenue shortfall according to the Customs boss include bureaucracies in government policies.
Speaking with reporters after a meeting with President Muhammadu Buhari at the Aso Villa in Abuja on Thursday.
The targeted revenue for the Service for 2022 was N3.1 trillion, but it could only generate N2.6 trillion, the CG said.
