Categories: Business

2022 Q1: Agricultural exports rise from N30.2bn to N34bn at Lagos ports

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The Apapa Command of the Nigeria Customs Service (NCS) has said that in the first quarter of 2022, it made N264,536,201,293.71 revenue, recording a significant increase of N104 billion as against N159 billion collected in the same period in 2021, representing an increase of 65.7 per cent in revenue collection.

This is even as the Command recorded N34,072,869,799.00, with Free On Board (FOB) value of $87.992,356.10 from exportation of agricultural goods, mineral resources, steel, etc, as against N30.2 billion (FOB value of $82.1 million) between January and March, 2021.

The Customs Area Controller (CAC), Comptroller Yusuf Malanta,made this known recently during a press briefing on the Command’s scorecard in the areas of import/export trade, anti-smuggling activities and trade facilitation for the period under review.

“This feat was made possible because of our officers’ creativity and leveraging on the service IT platform to ensure all revenue leakages have been mitigated, as well as sustaining the level of compliance by the importers/stakeholders in the clearance value chain,” he said.

N CASE YOU MISSED THESE FROM NIGERIAN TRIBUNE

In its anti-smuggling drive, the Command recorded 46 seizures of various items with a Duty Paid Value (DPV) of N1,142,876,606.00, indicating 18 seizures more than 28 made in the corresponding months of the year 2021.

The seizures include unregistered medicaments such as tramadol and codeine syrup, unprocessed wood, used clothing, footwear, foreign parboiled rice and other sundry items that contravene sections 46 and 47 of Customs and Excise Management Act (CEMA) CAP C45 LFN 2004.

The CAC 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 our system. The enforcement unit has been strengthened through strict monitoring, enhanced collaboration and sharing of credible intelligence with relevant government agencies to suppress smuggling activities to its barest minimum.

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