CEM REPORT | The Nigerian Customs Service, Apapa Area Command in Lagos has said it generated N264 billion in revenue for the first quarter of 2022.
This information was disclosed Thursday in a press statement by the Command’s Area Comptroller, Yusuf Malanta Ibrahim.
Ibrahim said that the revenue generated in Q1 showed a significant increase of N104 billion as against 159 billion naira collected in the corresponding months of the year 2021, representing 65.7% increase in revenue collection.
“In the period under review, the command has collected revenue to the tune of two hundred and sixty-four billion, five hundred and thirty-six million, two hundred and one thousand, two hundred and ninety-three naira, seventy-one kobo (N264,536,201,293.71). This shows a significant increase of N104 billion as against 159 billion naira collected in the corresponding months of the year 2021, representing 65.7% increase in revenue collection.
“This feat was made possible because of our officers’ creativity and leveraging on the service IT platform to ensure all revenue leakage have been mitigated, as well as sustaining the level of compliance by the importers/stakeholders in the clearance value chain”, Comptroller Ibrahim said.
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According to the press statement, “the command recorded 46 seizures of various items with a duty paid value of N1,142,876,606.00 as against twenty-eight (28) seizures made in the corresponding months of the year 2021. These seizures include unregistered medicaments such as tramadol and codeine syrup, unprocessed wood, used clothing, footwear, foreign parboiled rice and other sundry items that falls under prohibition list,”
“These importations are in clear contravention of sections 46 and 47 of Customs and Excise Management Act (CEMA) CAP C45 LFN 2004”, he added.
He further said anti-smuggling activities have been a matter of Central concern in the command, particularly with the activities of recalcitrant traders who are always looking for ways to undermine Custom’s system.