October 22, 2020

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Apapa Customs rakes in about N140bn n 3 months

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The Nigeria Customs Service (NCS) Apapa Area Command says it collected revenue to the tune of One hundred and Forty billion, Three hundred and Thirty-five million, Five hundred, Seventy thousand, Seventy-six naira and thirty-eight kobo (N140,335,570,076.38) as customs duty and other charges in the third quarter of 2020 (i.e July-September).
This was made public in a statement by the NCS.
According to the statement when this year’s figure is about 30 billion naira higher when compared to the revenue collected in the same period in 2019 which stood at One hundred and Ten billion, Two hundred and Fifty-four million, One hundred and Eighty-one thousand, Two hundred and Ninety-five naira and thirty-seven kobo (N110,254,181,295.37).
“This clearly shows a progressive difference of Thirty billion, Eighty-one million, Three hundred and Eighty-eight thousand, Seven hundred and Eighty-one thousand and One kobo (N30,081,388,781.01), depicting 27% increase of collection for the period under review.
“Furthermore, in detailing the revenue collection of the Command from January-September, 2020 the sum of Three hundred and Sixty-seven billion, Six hundred and Eighty-two million, Six hundred and sixteen thousand, Three hundred and nine naira and Twenty-three kobo (N367,682,616,309.23) was collected and remitted to the federation account as against Three hundred and thirteen billion, Five hundred and Eighteen million, Two hundred and thirty-five thousand, Nine hundred and Seventy-eight naira and Six kobo (313,518,235,978.06) collected same period in 2019.
“This shows a significant increase difference of N54,164,380,331.17 representing 17 percent increase.
The difference recorded was made possible as a result of resilience of officers in ensuring that importers and agents are made to do proper declarations, adhere strictly to import/export guidelines in tandem with extant laws.
In the area of anti-smuggling, the command made a total seizure of One hundred and Eighty-seven (187) containers of pharmaceutical products and other general goods from July 1st to September”.

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