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The Nigeria Customs Service, in its monthly bulletin, reveals that, the Apapa Area command recorded a revenue collection of N1.023 trillion for the first half of 2024. This represents an increase of over 14% compared to the revenue collected in 2023. The increment might be linked with currency depreciation. The additional revenue comes at a crucial time for Nigeria's economy. Despite this positive development, the Nigeria Customs Service must strike a balance between revenue generation and trade facilitation. This is important because an excessive focus on revenue generation might incentivise behaviours that seek to maximise revenue while neglecting trade facilitation activities
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