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| CGC, Abdullahi Dikko |
The
Tin-Can Island Port Command of the Nigeria Customs Service said on Monday in
Lagos that it collected N22.3 billion revenue in November.
Tin-Can Island Port Command of the Nigeria Customs Service said on Monday in
Lagos that it collected N22.3 billion revenue in November.
The
Public Relations Officer of the command, Chris Osunkwo, told the News Agency of
Nigeria that the amount was less than the N27.1 billion collected in October.
Public Relations Officer of the command, Chris Osunkwo, told the News Agency of
Nigeria that the amount was less than the N27.1 billion collected in October.
Osunkwo
attributed the decrease to the forces of demand and supply.
attributed the decrease to the forces of demand and supply.
He
said: “In October we made approximately N27.1 billion, whereas in November we
had N22.3 billion.
said: “In October we made approximately N27.1 billion, whereas in November we
had N22.3 billion.
“A
lot of factors are responsible for the difference, particularly the forces of
demand and supply.
lot of factors are responsible for the difference, particularly the forces of
demand and supply.
“When
you try to find out from the traders, they tell you that trading activities are
at their lowest ebb because they observed that the people’s purchasing power
dropped and as such, their warehouses are still filled up.
you try to find out from the traders, they tell you that trading activities are
at their lowest ebb because they observed that the people’s purchasing power
dropped and as such, their warehouses are still filled up.
“You
will have to sell and realise money to be able to come and clear or you import
fresh ones.
will have to sell and realise money to be able to come and clear or you import
fresh ones.
“The
level of compliance is gradually improving because we just celebrated the first
anniversary of PAAR (Pre-Arrival Assessment Report)
level of compliance is gradually improving because we just celebrated the first
anniversary of PAAR (Pre-Arrival Assessment Report)
“PAAR
just clocked one on December 1 and among the things PAAR is here to achieve is
to make the trading public become more compliant.
just clocked one on December 1 and among the things PAAR is here to achieve is
to make the trading public become more compliant.
“If
you are honest, you give appropriate and accurate information without trying to
cut corners, definitely, you will have everything going for you.”
you are honest, you give appropriate and accurate information without trying to
cut corners, definitely, you will have everything going for you.”
Osunkwo
commended the Comptroller-General of Customs, Alhaji Dikko Abdullahi, for
“taking the service to the next level”.
commended the Comptroller-General of Customs, Alhaji Dikko Abdullahi, for
“taking the service to the next level”.
Osunkwo
said the comptroller-general worked tirelessly to make the service the pride of
the nation.
said the comptroller-general worked tirelessly to make the service the pride of
the nation.
NAN
reports that a breakdown of the revenue showed that in November, the command
raked in N18.1 billion into the Federation Account and N4.1 billion into the
Non-Federation Account.
reports that a breakdown of the revenue showed that in November, the command
raked in N18.1 billion into the Federation Account and N4.1 billion into the
Non-Federation Account.
NAN
also reports that Import Duty fetched N13.2 billion; Fees, N52.2 million;
Common External Tariffs, N785 million; while N4 billion was collected as five
per cent Value Added Tax.
also reports that Import Duty fetched N13.2 billion; Fees, N52.2 million;
Common External Tariffs, N785 million; while N4 billion was collected as five
per cent Value Added Tax.
The
command also collected N930.8 million on seven per cent Surcharge; one per cent
Comprehensive Import Supervision Scheme fetched N974.8 million; while it
recorded N573.3.2 million on ECOWAS Trade Liberalisation Scheme.
command also collected N930.8 million on seven per cent Surcharge; one per cent
Comprehensive Import Supervision Scheme fetched N974.8 million; while it
recorded N573.3.2 million on ECOWAS Trade Liberalisation Scheme.
Other
revenues were: sugar (N78.6 million); rice (N813.1 million); brown rice
(N150,277); wheat flour (N451,343); wheat grain (N474.6 million) ; and iron
(N2.5 million).
revenues were: sugar (N78.6 million); rice (N813.1 million); brown rice
(N150,277); wheat flour (N451,343); wheat grain (N474.6 million) ; and iron
(N2.5 million).
