The
Nigeria Customs Service(NCS), Apapa Command said it recorded a
revenue of N20.7 billion in April.
Nigeria Customs Service(NCS), Apapa Command said it recorded a
revenue of N20.7 billion in April.
The
amount was N11.6 billion lower than the N32.3 billion it generated in March.
amount was N11.6 billion lower than the N32.3 billion it generated in March.
The
information is contained in the revenue report document made available to the
News Agency of Nigeria (NAN) by the Public Relations Officer of the Command, Mr
Emmanuel Ekpa.
information is contained in the revenue report document made available to the
News Agency of Nigeria (NAN) by the Public Relations Officer of the Command, Mr
Emmanuel Ekpa.
The
revenue breakdown as indicated in the document, shows that N10.6 billion was
generated into the Federation Account.
revenue breakdown as indicated in the document, shows that N10.6 billion was
generated into the Federation Account.
This
amount was N5.1 billion lower than the N15.7 billion collected under the same
account in March.
amount was N5.1 billion lower than the N15.7 billion collected under the same
account in March.
According
to the report, N10 billion was generated into the Non-Federation Account,
which was a drop from the N16. 6 billion generated into the same account in
March.
to the report, N10 billion was generated into the Non-Federation Account,
which was a drop from the N16. 6 billion generated into the same account in
March.
The
document indicated that collections under the account came from five per cent
Value Added Tax and seven per cent Port Levy.
document indicated that collections under the account came from five per cent
Value Added Tax and seven per cent Port Levy.
The
other levies under the account include one per cent Comprehensive Import
Supervision Scheme; Rice Levy, Sugar Levy, Wheat flour, Cigarette and Iron
levies.
other levies under the account include one per cent Comprehensive Import
Supervision Scheme; Rice Levy, Sugar Levy, Wheat flour, Cigarette and Iron
levies.
The
document also indicated that a total of N71.3 million was collected from the
Negotiable Duty Credit Certificate in April, as against the N278 million from
the same scheme in March.
document also indicated that a total of N71.3 million was collected from the
Negotiable Duty Credit Certificate in April, as against the N278 million from
the same scheme in March.
This
showed a shortfall of N206.7 million.
showed a shortfall of N206.7 million.
The
Controller of the Command, Eporwei Edike, attributed the drop in the
command’s revenue generated to market forces.
Controller of the Command, Eporwei Edike, attributed the drop in the
command’s revenue generated to market forces.
