CoverCustoms & Excise Tincan Customs nets N179 billion in six months. By maritimemag July 12, 2019 ShareTweet 0 Tayo Oladipupo The Tincan Island Port Command of the Nigeria Customs Service (NCS) said it generated a total of One Hundred and Seventy-Nine Billion, Two Hundred and Seventy-Five Million, Six Hundred and Twenty-Nine Thousand, One Hundred and Seventy Naira, Seventy-Four Kobo (N179,275,629,170.74) between January and July 10th 2019. The figure is contained in the half year report of the command signed by the Area Controller, Comptroller MBA Musa and made public by the Public Relations Officer of the command, SC Uche Ejesieme. In the preceding year 2018, the figure indicated that the Command realized One hundred and Seventy-Two Billion, Five Hundred and Fourteen Million, Three Hundred and Fifty-Nine Thousand, and Seventy-Six Naira, Eighty-Three Kobo (N172,514,359,076.83). Ejesieme stated that the latest report represents 52.28% of the annual target with a differential of Six Billion, Seven Hundred and Sixty-One Million, Two Hundred and Seventy Thousand, and Ninety-Three Naira, Ninety-One Kobo (N6,761,270,093.91) from the record of the previous year. He said, “Following the renewed enthusiasm and development of Standard Operational Procedures (SOP) for operational efficiency, the Command has witnessed a major paradigm in its statutory functions. ‘This trajectory provided the needed impetus for the smooth implementation of the Presidential Directives on Ease of Doing Business’ ‘Generally speaking, it is instructive to note that the command has gone beyond Revenue Collection/generation, to creating an enabling environment for Legitimate businesses to thrive in line with the Presidential mandate, with the resolve by the Command to achieve speedy clearance of cargo from the Ports and also reduce the cost of doing business. It is all these several factors that has projected the command as a hub and most business friendly with remarkable profile’ On export, the command said during the period under review, it embarked on full automation of Export procedures as a panacea for seamless transactions. “To this effect, the Command achieved a total of 150,930.7 Metric Tonnes of Export with FOB Value of Sixty-Eight Billion, Eight Hundred and Eighty-Seven Million, Two hundred and Twenty-Six Thousand, Four Hundred and Ninety-Three Naira (N68,887,226,493.00). “It will be recalled that the Command, during the preceding year of 2018, recorded 118,452.87MTS of Export with FOB of Sixty-Three Million, One Hundred and Nine Thousand, Four Hundred and Twenty-Seven Naira (N63,109,427.00). “The milestones recorded in the area of Export is clearly indicative of awareness by Stakeholders on the available opportunities inherent in Export business. The Command will continue to sensitize and encourage would be Exporters. “Consequent upon the anti-smuggling drive by the Area Controller, the Command recorded seizures of 5 x 40ft and 4 x 20ft containers consisting of various uncustom goods during the period under review ranging from used tyres and used rims, bags of rice, cartons of Tramadol and other pharmaceuticals with a total Duty Paid Value (DPV) of One Billion, One Hundred and Fifty-Nine Million, Two Hundred and Fifteen Thousand, Six Hundred and Thirty-Seven Naira (N1,159,215,637.00). © 2019, maritimemag. All rights reserved.
Customs & Excise Customs vows to strengthen ties with security agencies to tackle trans-border crimes October 1, 20231187 views
Customs & Excise Construct Customs Academy /Training School in Bauchi with appropriated N14.2bn, Senate tells FG July 29, 20231452 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