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Home International Customs Nigeria

Nigerian customs generates N777.2m revenue in August

byCustoms Today Report
10/09/2015
in Nigeria
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ABUJA: The Seme Command of Nigeria Customs Service (NCS) on Tuesday said it generated N777.2 million revenue in August.

The spokesman for the command, Selechang Taupyen, told the News Agency of Nigeria (NAN) in Seme that the revenue figure was N146 million higher than the N631 million generated in July.

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“In the month of August, we generated much more than the previous month because trading activities were a bit higher.

“Since we are approaching the end of the year, our revenue generation would get higher and we will definitely meet up to the monthly target of N1.1 billion,’’ he said.

Taupyen disclosed that the command generated N9.6 billion in 2014, adding that the figure was N3.4 billion less than the N13 billion targeted for the year.

He said the command made 20 seizures in April, with a Duty Paid Value (DPV) of N17.1 million.

“The seized items include bags of rice, frozen poultry products, vegetable oil and vehicles,’’ he said.

The spokesman urged Nigerians to desist from smuggling due to its adverse effect on the economy.

According to him, smuggling is not good for the economy, so we must work together to save our economy and embrace legitimate trade.

“Illegal trades erode the national wealth, so we must learn not to partake in such,’’ he said.

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