Tuesday, June 15, 2021

Customs generates N264.1bn in 12 months in Apapa


Jaafar Jaafarhttps://dailynigerian.com/
Jaafar Jaafar is a graduate of Mass Communication from Bayero University, Kano. He was a reporter at Daily Trust, an assistant editor at Premium Times and now the editor-in-chief of Daily Nigerian.
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The Apapa Command of the Nigeria Customs Service, NCS, said on Friday that it generated the sum of N264.1billion between January and December 2016.

The area controller, Musa Jibrin, gave the figure in a statement in Lagos, saying the sum of N18.97billion was realised in January, while N17.63billion and N16.51billion were generated in February and March, respectively.

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Mr. Jibrin also gave the figure for April as N16.84billion, adding that N15.08billion was generated in May, N19.34billion for June and N24.38billion for July.

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The comptroller said the highest revenue of N31.24billion was recorded in August, N30.09billion for September, N24.44billion for October, N24.75billion for November and N24.85billion for December.

He listed import duties, Value Added Tax, VAT, the ECOWAS Trade Liberation Scheme, ETLS, the Common External Tariff, CET, and the Comprehensive Import Supervision Scheme, CISS, among others, as the various sources of the total revenue.

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