Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Nigeria

Nigeria customs generates N3.4b revenue from Ogun borders

byCustoms Today Report
28/08/2015
in Nigeria
Share on FacebookShare on Twitter

LAGOS: Ogun State Area Command of the Nigeria Customs Service says it generates N3.4 billion as revenue in six months from Ogun-Republic of Benin borders, representing duty paid value payable on all imports between January and June this year.

According to the State Area Command, the value of duty payable on imports between January and June, represents about 73 percent increase in revenue generated in the same period last year, adding that the Command recorded N3,401,647,417.34 revenue during the year under review as against N2,543,266,323.43 generated in the same period last year.

You might also like

Singapore, Nigeria trade volume hits N846b

04/08/2017

Nigeria imports goods worth N6.7trn in 2015

17/07/2017

Speaking at Idi-Iroko border in Ipokia Local Council Area of Ogun State on Tuesday, Haruna Mamudu, Customs Comptroller declared that the Command’s effort at curbing smuggling into the country were yielded fruitful results in the war against smuggling and smugglers, saying efforts would be intensified against illegally imported goods and illegalities in and around the borders.

While warning smugglers to find another means of livelihood as smuggled cars and poultry products remain banned under the law, the comptroller said that‎ hundreds of second hand cars that were ferried through illegal routes from Benin Republic to Nigeria were recently impounded at Idiroko and the culprits would be taken to court.

The Comptroller also disclosed that the State Area Command made 515 seizures, with duty paid value of N445, 399, 838.00 as against 737 seizures with duty paid value of N880, 002, 012.00 in the same period in 2014.

For poultry products, Mamudu urged smugglers to stop importing injurious poultry products that are harmful to Nigerians, saying the poultry products are usually preserved with chemicals that are used to embalm dead human bodies.

He however, called on Nigerians to embrace and patronise locally bred livestock and poultry products, which he said, would not only guarantee their safety, but would also enhance the nation’s economic growth.

Tags: Nigeria customs generates N3.4b revenue from Ogun borders

Related Stories

Singapore, Nigeria trade volume hits N846b

byCT Report
04/08/2017

SINGAPORE: The trade volume between Nigeria and Singapore reached N846bn from 2011 to 2015, while the absolute balance of trade...

Nigeria imports goods worth N6.7trn in 2015

byCT Report
17/07/2017

KANO: Nigeria expended more than N6.7 trillion in 2015 on the importation of goods that the country can produce locally,...

Nigeria: Customs generates N239b in Q1

byCT Report
29/06/2017

ABUJA: The Nigerian Custom Service (NCS) has generated N239.4 billion in the first quarter of 2017, exceeding its target of...

UK, Nigerian firms seal franchise deal on toy business

byCT Report
15/02/2017

LONDON: World’s famous British toy shop, Hamleys, has officially announced the signing of the development agreement for the Hamleys franchise...

Next Post

Canada’s Partners REIT to raise $20.4m capital in rights offering

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.