Customs generates N367.6bn in 9 months at Apapa Port

The Customs Area Controller, Mohammed Abba-Kura made the disclosure while speaking with reporters in Lagos.

He said the N367.6 billion represented a 17 percent or N54.1 billion increase from N313.5 billion generated during the same period of 2019.

Abba-Kura added that the Command generated N14.3 billion as revenue in the third quarter from customers’ duty and other charges.

“The difference recorded was made possible as a result of resilience of officers in ensuring that importers and agents are made to do proper declarations, adhere strictly to import/export guidelines in tandem with extant laws.”

He also revealed that 328 containers of goods worth N19.5 billion were seized during the period.

The seized containers, according to him, represented an increase of 37 containers when compared to the same period of 2019.

“These items were seized mainly because of various forms of infractions which range from false declarations, non-adherence to import/export guidelines and failure to comply with other extant regulations as enshrined in the Customs and Excise Management Act,” he explained.

“In the area of export trade, the period under review recorded exportation of goods worth N26,273,706,822 exported from the country.

“These exported goods include mineral resources, steel bars, agricultural products among others with a total tonnage of 378,447 million tonnes free on board value of $85.8m. Similarly, the volume of export from January to September 2020 stood at N78.6bn with FOB $257,003,965.”