Customs gives account of recovering over N70bn in 12 months
The Oyo/Osun Area Command of the Nigeria Customs Service, on Friday, said its unwavering commitment towards generating internal revenue has resulted in recovering 71,292,530,398.17 (Seventy-One Billion, Two Hundred and Ninety-Two Million, Five Hundred and Thirty Thousand, Three Hundred and Ninety-Eight Naira, Seventeen Kobo), for the 2023 fiscal year.
Addressing newsmen at the command headquarters in Ibadan, the Area Controller, Ben Oramalugo (Ph.D), said the significant development has contributed to the nation’s economic development, despite the global and local challenges that impacted trade.
He added that it was made possible through fair and efficient revenue collection, continuous implementation of measures to further simplify customs processes and resolve of the command officers and men to work tirelessly while religiously enforcing provisions of the next extant laws aimed at facilitating legitimate trade and ensuring that customs duties and taxes were collected efficiently.
“During the period covering November and December 2023, the Oyo/Osun Area Command collected the sum of N5,030,694,597.05 (Five Billion, and Thirty Million, SiX Hundred and Ninety-Four Thousand, Five hundred and Ninety-Seven Naira kobo) and N7,173,852,130.48 (Seven Billion, One Hundred and Seventy- Three Million, Eight Hundred and Fifty-Two Thousand, One Hundred and Thirty, forty-Eight Kobo) respectively into the Federation and Non-Federation Accounts.”
“When added to the sum of N59,087,983,670.64 (Fifty-Nine Billion, and Eighty-Seven Million, Nine Hundred and Eighty-Three Thousand, Six Hundred and Seventy Naira, Sixty-Four Kobo) already collected for the period of January to October 2023, the cumulative Sum of N71,292,530,398.17 (Seventy-One Billion, Two Hundred and Ninety-Two Million, Five Hundred and Thirty Thousand, Three Hundred and Ninety-Eight Naira, Seventeen Kobo), was collected for the fiscal year of 2023,” he highlighted.
The area Controller of Customs also gave an highlight of the seizures made between year 2023 and early month of January in 2024, which are: “88 (Eighty-Eight) Sacks and 349 (Three Hundred and Forty-Nine) Wraps of Cannabis Sativa with a DPV of N47,854,800.00 (Forty-Seven Million, Eight Hundred and Fifty-Four Thousand, Eight Hundred Naira).”
100,900 (One Hundred Thousand, Nine Hundred ) Litres equivalent to (4,036 Kegs) of Premium Motor Spirit (PMS) with a DPV of N18,220,400.00 (Eighteen Million, Two Hundred and Twenty Thousand,Four Hundred Naira Only).”
“9,595 (Nine Thousand, Five Hundred and Ninety-Five) (50kg) bags of Foreign Parboiled Rice with a DPV of N181,915,800.00 (One Hundred and Eighty-One Million, Nine Hundred and Fifteen Thousand, Eight Hundred Naira) and 35 (Thirty-Five) Units of used vehicles with a DPV of 134,196,800.00 (One Hundred and Thirty-Four Million, One Hundred and Ninety-Six Thousand, Eight Hundred Naira).”
“177 (One Hundred and Seventy-Seven) Bales and 13 (Thirteen) Sacks of Second hand clothing with a DPV of 53,640,000.00 (Fifty-Three Million,Six Hundred and Forty, Thousand Naira).”
“3,702 (Three Thousand Seven Hundred and Two) Pieces of Used Tyres with a DPV of 11,227,200.00 (Eleven Million, Two Hundred and Twenty-Seven Thousand, Two Hundred Naira) 100 Pieces of uncut Timber with a DPV of 7,700,000.00 (Seven Million, Seven Hundred Thousand Naira).”
