Customs & ExciseHeadlines Apapa Customs facilitates N272.3bn Export, N363bn Import in six months By maritimemag July 7, 2021 ShareTweet 0 Customs Abiola Seun Aymid dwindling government revenue and diversification agenda of President Muhammadu Buhari, the Apapa Command of the Nigeria Customs Service (NCS), yesterday said it has facilitated export cargoes worth N272.3 billion between January to June 2021. Speaking at a press briefing in Lagos, the Customs Area Controller (CAC), Apapa Command, Yusuf Malanta said the command generated N363billion from Duty collected on imported cargoes. According to him, the exported cargoes in the last six months include Agricultural goods such as sesame seed, ginger, hibiscus flower and other mineral resources. He said, “The total tonnage of the said export stood at 1.6 million tones with FOB value of $103 billion.” He continued, “The Command generated a revenue of N366billion in the first half of the year which represents 61% increase when compared to the N227 billion collected in the first half of 2020. “This spectacular achievement was made possible by our officers’ resilience and commitment in ensuring collections of appropriate revenue, robust stakeholders’ engagement and seamless facilitation of compliant trade.” Malanta further stated that the anti-smuggling operations of the command led to interception of contraband smuggled into the country. The seized items which worth N27.6billion included unregistered pharmaceutical, used clothing, tomato paste among others. “Nonetheless, our sustained anti smuggling campaign and the increased level of compliance have resulted in reduction of smuggling activities throughout the command. “Thus, for the period under review, the Command recorded 10 seizures of various uncustoms goods such as tomato paste, used clothing, unregistered pharmaceutical drugs with a Duty Paid Value of N442 million “This unprecedented record is a great validation of our new approach to revenue drive. It is also fitting to emphasize here that this volume of revenue has never been recorded in the history of the flagship Command of the Nigeria Customs Service.” Consequent upon the above and in line with the provision of Extant laws, trade guidelines and enforcement of Government Fiscal Policy, the Command was able to strengthen its anti smuggling operation against economic saboteurs through timely credible intelligence driven network which led to the seizure of 46 containers between January to June 2021 with Duty Paid Value of N27.6 billion.” © 2021, maritimemag. All rights reserved.
Headlines Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote May 19, 2024947 views
Customs & Excise Customs vows to strengthen ties with security agencies to tackle trans-border crimes October 1, 20231124 views
Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote May 19, 2024
Marine and Blue Economy Ministry to increase local fish production, reduce dependence on importation May 18, 2024
No justification for epileptic electricity supply in Nigeria – Eminent Nigerians, and leaders May 18, 2024