Business

Customs make N367.6B in Apapa, seize N19b goods

Joseph Olaoluwa

Apapa Command of the Nigeria Customs Service says it collected a total N367.6bn from January to September.

It also seized a total of 328 containers of various goods valued at N19.5bn that contravened the law. This is an increase of 37 containers compared to what it seized in the same period of 2019.

The command made seizures of pharmaceuticals, foreign rice, used clothing and other items in 129 containers with total duty paid value of N3,640,894,888 in the third quarter of the year.

Customs Area Controller, Mohammed Abba-Kura, who spoke to newsmen in Lagos said the figure represented 17 per cent increase on the N313.5bn collected within the first nine months of 2019 with a difference of N54.1bn

Abba-Kura said the command collected N14.3bn as revenue for the third quarter from Customs duty and other charges between July and September.

He said the figure was 27 per cent higher than the N110.2bn collected within same period of 2019 with a difference of N30bn

He said, “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.”

On the seizures, the Controller said, “These items were seized mainly because of various forms of infractions which range from false declarations, non-adherence to import/export guidelines and failure to comply with other extant regulations as enshrined in the Customs and Excise Management Act.

“In the area of export trade, the period under review recorded exportation of goods worth N26,273,706,822 exported from the country.”

“These exported goods include mineral resources, steel bars, agricultural products among others with a total tonnage of 378,447 million tonnes free on board value of $85.8m. Similarly, the volume of export from January to September 2020 stood at N78.6bn with FOB $257,003,965.”

Abba-Kura added that compliance level was estimated to be at 60 per cent which is the reason for the increasing number of seizures made.

Source: punchng.com