Customs & ExciseHeadlines Tin Can 2 Customs surpasses 2018 target, generates N21.038 Billion in 11Months By maritimemag December 8, 2018 ShareTweet 0 Freight Forwarders spoil for war with terminal operators over demurrage waivers. The Tin Can 2 Area Command of the Nigeria Customs Service (NCS) has said it collected a total sum of twenty one billion and thirty eight million, four hundred and three thousand, one hundred and eighty four naira (N21,038,403,184.00) between January and November, 2018. This is contained in the press statement made available to our correspondent by the Public Relations Officer of the command, Farouk Abubakar, yesterday. The command said it surpassed the annual target of N17,193,286,038.7 with the sum of 3,845,117,145.30. The figure represent a total 22.4% above the annual target. The statement further stated that the command recorded the sum of N2,274,547,680.00 in the month of November. While commenting on the source of revenue collected by the command, Farouk said all the revenue was generated from the Free Trade Zone. He added that Lagos Free Trade Zone contributed 75% while Lekki Free Trade Zone had 25%. According to him, the Ijora based command would have performed better if containers were stemmed to the facility. © 2018, maritimemag. All rights reserved.
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