…Hits 52.28% In Half Year.
The Nigeria Customs Service (NCS), Tincan Island Command in its resolve to creating an enabling environment for Legitimate businesses to thrive in line with the Presidential mandate, with the sole aim of achieving speedy clearance of cargo from the Ports and also reduce the cost of doing business, has generated an outstanding revenue in the first half of the year 2019.
The command recorded an impressive revenue performance of N179.2 billion between the period of January through July 10th 2019, making a total of 52.28% of its annual revenue target for the year.
According to a statement made available by the Customs Area Controller of the Command, Comptroller MBA MUSA through the office of the command image maker, CSC Uche Ejesieme shows a comparative review of the preceding year 2018 indicating that the Command realized N6,761bn higher than the figure for the same period last year which was N172,5bn
Analysis of revenue collection by the command include: N29,673,697,990.28 in January, N23,193,394,887.15 in February and N25,990,013,289.84 in March.
Similarly, in April the command recorded N27,787,537,749.98, May had N32,389,975,673.28 June N28,857,135,904.21.
Meanwhile, between July 1st to 10 2019, the command has collected total of N11,383,873,676.00.
In the area of export, the command boss in the statement, disclosed that the Command achieved a total of 150,930.7 Metric Tonnes (MT) with FOB value of 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 (N63,109,427.00.
He said that the milestones recorded in the area of export is clearly indicative of awareness by stakeholders on the available opportunities inherent in export business.
Musa added that the Command will continue to sensitize and encourage would be exporters.
On anti-smuggling, Comptroller Musa disclosed that the Command recorded seizures of 5 x 40ft and 4 x 20ft containers consisting of various uncustom goods during the period under review.
According to him, the seized goods include used tyres, used rims, bags of rice, cartons of Tramadol and other pharmaceuticals with a total Duty Paid Value N1,159,215,637.00.
He added further that the Command will continue to ensure that examination and releasing officers remain proactive in the discharge of their statutory functions.
He noted that the Command will continue to strive for excellence in achieving the mandate of the Comptroller General of Customs, Col Hameed Ibrahim Ali(Rtd) and his management team.