Customs generate N12.9bn in six months from excise duty payments

A sum of N12,830,493,630.06 has been generated by the Ogun II Area Command of the Nigeria Customs Service (NCS) in the first six months of the year.

This was disclosed by the controller in charge of the command, Olusola Alade, during a news conference on the achievements of the command from January to June, held at the command’s headquarters in Abeokuta.

He noted that the current revenue generated is a 51 per cent improvement on the N4,326,454.811.76 revenue generated in the same period in 2023.

Alade explained that NCS has the mandate to generate revenue for the Federal Government, facilitate legitimate trade, and protect national economic security.

The Customs boss said, “In April, we raked in three billion, four hundred and eighty-six million, nine hundred and sixty-one thousand, one hundred eighty-six-naira, million, nine hundred and sixty-one thousand, one hundred eighty-six-naira, and seventy-one kobo (N 3.486,961,186.71).

In May, we made two billion, eight hundred and one million, eight hundred and thirty-three thousand, and seven hundred and forty kobo (N2,801,833,739.40), while in June, our revenue collection leapt to three billion, six hundred and sixty-four million, seven hundred and seventy-six thousand, four hundred and ninety-nine naira, and seven kobo (N3,564,776,499.07).

“The command will continue to put in place the necessary measures to improve collections with adequate support from other units of the service. We shall maintain success through synergy and continued dialogue by engaging and sensitising the local and trader communities while discharging our statutory responsibilities of enforcing compliance with government fiscal policies.

“It is important to stress that the success recorded in our revenue drive in the last three months can be attributed to good motivation from the management of the service, which has boosted the morale of officers and kept them in high spirits at all times; continuous deployment of intelligence and reconnaissance by our monitoring unit, which led to the discovery of some factories, which we have now put under excise control.

“All eleven factories and one bonded terminal were discovered by the command under the months of my assumption of office as Customs Area Controller, Ogun II Command.”

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