Tincan Customs Command Surpasses Q1 Revenue Target With 139%

229
0
SHARE

…As Nnadi Congratulates Officers, Stakeholders For Embracing Service Delivery, Teamwork

Comptroller Dera Nnadi of the Tincan Island Command of Nigeria Customs Service has applaud Officers & Men of the command for embracing service delivery for stakeholders and also teamwork which has resulted to the Command surpassing it’s first Quarter Revenue Target for 2024.

The Command surpassed its 2024 first quarter revenue target by one hundred and thirty nine percent (139%) with a difference of One Hundred and Seventy Seven Billion, Seventy-Nine Million, Three Hundred and Fifty Eight Thousand, Thirty five Naira, Thirty-Six Kobo (₦177,079,358,035.36), when compared to the same period of the year 2023.

According to a press statement made available by the Command public relations Office, NN Okwara, it reads that the CAC, while addressing the DCs, ACs and Units heads ina brief meeting on 15 April 2024 at the.Command, the CAC reminded the officers that stakeholders should be held in high esteem and treated with respect but with due diligence to identify compliant and non-compliant traders.

Comptroller Nnadi who attributed the success recorded to efforts put in place by all the Command units also discussed with his officers on challenges, modalities and new strategies on how to meet Revenue Target for the month of April and months ahead despite the series of holidays

Giving a monthly brakedown of the revenue generated for the first quarter 2024, the command collected a total of Eighty Eight Billion, Four Hundred and Thirty Million, One Hundred and Twenty Six Thousand, One Hundred and Twenty two Naira, Seventy-Two Kobo only (₦88,430,126,122.72) in the month of January 2024 which indicates a 107.9% increase from the revenue collected for same period of January 2023 ; Forty-two Billion, Five Hundred and Thirty Six Million, Three Hundred And Thirty-Six Thousand, Thirty-Eight Naira, Eleven Kobo (₦42,536,336,038.11).

 

The command generated One Hundred Billion, Three Hundred and Ninety-Nine Million, Three Hundred and Fifty-four Thousand, Eight Hundred and Eighty Seven Naira, Seventy-One Kobo only (₦100,399,354,887.71) for the month of February, making it 141.8% higher than the value collected in the same period of 2023 which is Forty-One Billion, Five Hundred and Eighteen Million, Seven Hundred and Thirty Eight Thousand, Six Hundred and Forty-Nine Naira and Nine Kobo (₦41,518,738,649.09).

Likewise in the month of March 2024, the Command recorded the sun of One Hundred and Fifteen Billion, One Hundred and Eight Million, Sixty Six thousand, Two hundred and Fifty Six Naira, Twenty Kobo only (₦115,108,066,256.20) as against the Forty two Billion, Eight Hundred and Three Million, One Hundred and Fourteen Thousand, Five Hundred and Forty-Four Naira and Eleven Kobo (₦42,803,114,544.11) collected for March 30 2023, indicating an increase of 163.9% increase.

On Enforcement and.anti-smuggling activities, the Area Controller said “The Command’s Enforcement and Anti-Smuggling Unit has not relented in its effort to combat snuggling and all forms of criminality. Customs being the lead Agency at the Ports through it’s Enforcement Unit has coordinated several 100% physical examination under my supervision in collaboration with Critical Stakeholders to ensure that the command is freed of any form of non-compliance in line with the International trade cycle.

“A total of 57 packets of Heroine weighing 56.390kg with a street value of (₦902, 240,000.00); 3612 packets of Colorado Indica weighing 956.772kg with a street value of (₦4,055,400,000.00). All the seized illicit drugs have been handed over to the relevant sister agencies as directed by the service” Nnadi quipped.

 

On stakeholders engagement, the Command in the past few months hosted different sections of stakeholders’ forum (Shipping Companies; Terminal Operators; Freight Forwarders and Security Agencies etc), physically and virtually on modalities to automate communication channel to minimize revenue loss and boost rules of engagement.

Addressing the issue of Time Release Study(TRS), Nnadi said “I have the honour to inform you that irrespective of the challenges observed, the Area Command has not relented on its efforts to ensure that the aim is achieved.

“The TRS as a Customs Process aims to enhance efficiency and effectiveness within Customs Operations by assessing the time it takes for goods to be released from terminals within the port premises. This will be unveiled with time, yet be assured that there is progress”.

He hinted that export trade recorded exponential growth
In terms of Volume (mT) and value (FOB) within the period under review.

In comparism, tonnage of goods exported via TCIP increased from 145,906.33 mT in 2023 to 251,679.89 mT in 2024 and represents an increase of 95.3%.

Also, there is an over 300% increase in the FOB value of the exports from Eighty Billion, Nine Hundred and Ninty-Three Million, Five Hundred and Eighty Thousand, Seven Hundred and Ten Naira (N80,993,580,710) to Two Hundred and Eighty -Seven Billion, Seven Hundred and Ninty-Two Million,Seven Hundred and Sixty-Seven Thousand, Four Hundred and Fifteen Naira (N287,792,767,415.00) of Q1 2023 and 2024 respectively.

Exports from the Command are listed to includes essentially Agricultural and other allied products, namely; Coca-Butter, Cocoa Beans, Cashew Nuts etc

Also, in the effort to create a level playing field for importers and stakeholders by decongests the Ports, the Command encouraged stakeholders’ approach for the establishment of new terminals and.activities have long commenced at the terminals, respectively.

Comptroller Nnadi however appreciate the support and clear sense of direction from the Comptroller General of Customs, BA Adeniyi MFR and his management team for their relentless and continuous efforts towards strengthening the capacity of the Service and introducing innovative methods to perform its statutory responsibilities in line with international best practices

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here