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Customs Command revenue dips by N13 bn in 2015

The Nigeria
Customs Service (NCS) Apapa Area Command said it generated N288. 3 billion in
2015 as against the N301.2 billion it generated in 2014.

 The revenue figures show a shortfall of N13
billion in the 2015 revenue generated compared to its revenue for the previous
It would be
recalled that economic activities in the country generally suffered an all-time
low, bearing the restriction of some items for import and the FOREX restriction
policy that rocked international trade by the last quarter of 2015.
Meanwhile, a
breakdown of the command’s revenue showed that in January 2014 it generated
N19.1 billion; February was N17 billion; March N19.1 billion; April N29.3
billion; May N28.1 billion; June N24.8 billion; July N22. 6 billion; August
N25. 4 billion; September N30.4 billion; October N31.5 billion; November N24.4
billion and in December N28.9 billion. 
A breakdown
of its revenue figures in the corresponding period in 2015 was January N20.7
billion; February N21.5 billion; March N32.3 billion; April N20.7 billion; May
N23.8 billion; June N24.6 billion; July N24.4 billion; August N30.1 billion;
September N23.3 billion; October N23.3 billion; November N20.7 billion and in
December N22.4 billion.
The revenues are generated from duties payable on imported items and other prescribed levies.
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