The Apapa Area Command of the Nigerian Customs Service (NCS) said it generated a sum of N86.02 billion as revenue for the month of October 2021.
The Customs Area Controller (CAC), Comptroller Malanta Yusuf, said the revenue was recorded despite initial glitches that slowed down its operations.
In a statement released in Lagos on Friday by the Public Relations Officer of the Command, Abubakar Usman, Yusuf attributed the figure to the sustained revenue collection through the volume of trade, strategies raising stakeholders’ compliance level, and inter-agency collaboration between the Command and other government agencies.
The statement read in part: “A breakdown of the total collection shows federation and non-federation figures. Figures under the federation account are as follows: import duty at N38,436,536,897.00; excise duty at N199,038,533.00; CET levy at N5,625,077,502.00 and fees at N401,830,622.00, with a sub total of N44,662,483,554.00.
”Figures for the non-federation account are as follows port levy at N2,690,572,938.00; NAC at N165,872,139.00; 1 per cent CISS at N4,612,963,465.00; 0.5% ETLS at N2,688,286,656.00; sugar levy at N598,518,814.00; wheat flour levy at N488,959.00. Others are iron levy at N47,220,994.00; wheat grain levy at N7,892,567,890.00; ness levy at N102,989,524.77, with a sub-total of N18,799,481,379.77. For Value Added Tax, the command collected N22,560,783,616.00 leading to a grand total of N86,022,748,549.77,” he said.
Related Posts:
Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.
