CoverCustoms & ExciseHeadlinesNews Tin Can 2: Nigeria Customs Service (NCS) Generated Over N 12 billion By maritimemag July 18, 2018 ShareTweet 0 Tayo Oladipupo. —— Tin Can 2 Command of the Nigeria Customs Service (NCS) generated over twelve billion naira in the first half of 2018 amidst challenges being faced in the maritime industry. The amount generated by the command in the first half almost tripled what was generated same period in 2017. According to a statement made available to nigeriamaritime360.com correspondent Tuesday, the revenue target of the command for the year was N10, 698, 871, 789.50 but the command generated N4, 317, 673, 734.28 accounting for 40 percent of the total revenue for the year. In 2018, the command has a target of N17, 193, 280, 038.70 and N12, 611, 451, 133.00 has been generated within the first six months translating into 73.4 percent of the projected revenue. In January 2018, the command generated N1, 907, 276, 317.00, in February, N1, 579, 105,205.00; N2, 846, 401, 343.00 in March; N1, 603, 225, 559.00 in April as against N834, 679, 169.00 in January, N919, 110, 991.00 in February, 649, 110, 991.00 March and N781, 182, 101.00 in 2017 respectively. Others are; N2, 267, 965, 574.00 in May, N2, 407, 477, 135.00 in June, 2018 against N481, 871, 349.00 and N651, 145, 296.00 in May and June, 2017 respectively. According to the Public Relations Officer of the Command, Farouk, the chunk of the revenue came from Free Trade Zone. He lamented that the challenges of bad roads, made it difficult in getting cargoes transferred to the command as part of the factors rubbing off on the command’s ability to generate more revenues into government coffers. The PRO therefore pleaded with the federal government to dedicate railway to the Tincan command that would bring containers to the command to avoid trucks being stuck on the roads in the course of transferring cargoes to the terminal. Farouk added that the new customs platform, Nigeria Information and Customs Integrated System (NICIS 2) had initial hitches but that the problem had been overcome adding that stakeholders had since learnt the process through regular interaction and had been made simple as the days went by. © 2018, maritimemag. All rights reserved.
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