Business

Apapa Custom command rakes in N367.6bn revenue in 9 months

...seized 328 containers of various goods

The Area Controller of Nigerian Customs Service (NCS), Apapa Command, Comptroller Mohammed Abba-Kura has declared the sum of N367.6 billion naira as a revenue generated by the command between January and September, 2020.

Disclosing this at a media chat in Lagos on Wednesday, Comptroller Abba-Kura, said the revenue, which is the whopping sum of N367, 682, 616, 309. 23 has since been remitted to the federation account.

The revenue according to Abba-Kura was as against the N313, 518, 235, 978. 06 collected same period in 2019, with an increased difference of N54, 164, 380, 331. 17 representing 17 per cent increase.

According to the controller, the difference recorded was made possible as a result of the resilience of officers in ensuring that importers and agents are made to do proper declarations, adhere strictly to import/export guidelines in tandem with extant laws.

The controller disclosed that the command collected N140, 335, 570, 076. 38 as customs duty and other charges as revenue in the third quarter, between July and September, 2020, noting that the sum in comparison to the revenue collected same period in 2019, stood at N110, 254, 181, 295. 37, which a progressive difference of N30, 081, 388, 781. 01 depicting 27 per cent increase of collection for the period under review.

According to Abba-Kura, the command made a total seizure of 187 containers of pharmaceutical products and other general goods from July 1 to Sept. 30 and the seized items include 72 containers of pharmaceutical products; 24 containers of foreign parboiled rice; 23 containers of secondhand clothing and other sundry items. According to the controller, the cumulative Duty Paid Value (DPV) of the aforementioned items stood at N3, 640, 894, 888. 00.

“In addition, from January to September, the command seized a total of 328 containers of various goods with DPV of 19, 545, 849, 108. 00) as against 37 containers seized in the same period in 2019 with a DPV of less than 3 billion naira.

Abba-Kura also disclosed that the command recorded exportation of goods worth N26,273,706,822.00 exported from the country during the period under review and the exported goods include: Mineral resources, Steel bars, Agricultural products amongst others with a total tonnage of 378,447 million tones and Free On Board (FOB) value of $85, 861, 787. 00; while the volume of export trade from January-September, stood at N78, 643, 231, 290. 00 with FOB value of $257, 003, 965. 00.

Abba-Kura expressed appreciation to Customs Units in the Command and urge Officers of the command to remain focused and steadfast in discharging their assigned responsibilities.

editor

FACTUAL NG is a unique medium in the NEWS Community. We focus on facts and nothing more; hence if it is not fact, we don’t report it; that is why we are FACTUAL. You can count on us. Contact us: phone: 08086654574, 07065717515, 08055441309 email: thefactualng@gmail.com admin@factualng.com

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button