Tin Can 2 Customs alludes revenue shortfall to gridlock, others

Tayo Oladipupo |

Tin Can 2 Command Nigeria Customs Service (NCS) has attributed the 29 percent drop in its revenue in August to lack of export from the Lekki Free Trade Zone (FTZ).

The unit command collected 1,020,947,633.00 in August amounting to 28.7 percent less than the monthly target for the command.

The Public Relations Officer (PRO) of the command, Farouk Usman Abubakar, in a chat with newsmen noted that aside the lull in the exportation of consignments from the zone, the perennial gridlock along the port access corridors affected revenue collection in the month.

Abubakar disclosed that “There was a decline in the demand of telecommunication items and which added to the drop of our revenue collection.”

He noted that the refusal to stem vessels to the facility by the terminal operators for about three weeks also affected the command from actualising its target.

“Refusal of the terminal operators to accept new entries from the importers/agents also contributed to the downturn of the revenue figure for the month of August for the command.”

The command has a monthly revenue target of N1,432,773,836.56

A further breakdown of revenue collection revealed that January had N1,907,276,317.00 while February recorded N1,579,105,205.00.

March recorded N2,846,401,343.00,April had N1,603,225,559.00 while it collected N2,267,965,574.00, in May.

The month of June recorded an impressive N2,407,477,135.00 while July, had 1,497,333,030.000.

However, the August revenue is the only month that the command has failed to meet its monthly target since the beginning of the year 2018.