• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, July 5, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Apapa Customs generates N86bn revenue in October

The Matters Press by The Matters Press
November 6, 2021
Reading Time: 2 mins read
0
Jaiz Bank expands with new branches

Naira

Naira

The Apapa Area Command of the Nigerian Customs Service (NCS) has collected a total of ₦86.02 billion as revenue for the month of October, despite initial glitches that slowed its operations

RELATED POSTS

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

The Customs Area Controller (CAC), Comptroller Malanta Yusuf, gave the figure in a statement signed by Abubakar Usman, Public Relations Officer of the Command, on Friday in Lagos.

According to Yusuf, the tempo of increased revenue collection is being sustained through the volume of trade, strategies raising stakeholders’ compliance level, and inter-agency collaboration between the Command and other government agencies.

“A breakdown of the total collection shows federation and non-federation figures.

“Figures under the federation account are as follows: Import duty at ₦38,436,536,897.00; Excise duty at ₦199,038,533.00; CET Levy at ₦5,625,077,502.00; and Fees at ₦401,830,622.00, with a sub total of N44, 662,483,554. 00.

“Figures for the Non-federation Account are as follows: Port Levy at ₦2,690,572,938.00; NAC at ₦165,872,139.00; 1 per cent CISS at ₦4,612,963,465.00; 0.5% ETLS at ₦2,688,286,656.00; Sugar Levy at ₦598,518,814.00; Wheat Flour Levy at ₦488,959.00.

“Others are; Iron Levy at ₦47,220,994.00; Wheat Grain Levy at ₦7,892,567,890.00; Ness Levy at ₦102,989,524.77, with a sub-total of ₦18,799,481,379.77.

“For Value Added Tax, the command collected ₦22,560,783,616.00 leading to a grand total of ₦86,022,748,549.77,” he said.

The comptroller commended port users and stakeholders for their increasing level of compliance, urging them to continually avoid unlawful activities such as concealment with intent to smuggle; false declaration and under valuation to evade accurate duty payments.

According to him, any importation that runs contrary to the provisions of Sections 46 and 47 of Customs and Excise Management Act CAP C45 LFN 2004 and Customs and Excise Notices No.1491, will not be allowed into the country.

Yusuf noted that the command would not compromise wherever and whenever the need arises to make arrests and seizures for infractions deserving of such actions.

He directed the command’s Compliance Team to maintain their zero tolerance for infractions, as a way of protecting the national economy.

The CAC described the inter-agency collaboration between the Apapa Customs Command and other government agencies as an operational masterstroke, yielding great results.

Yusuf lauded the sustained intelligence sharing between the command and sister agencies like the National Drug Law Enforcement Agency (NDLEA), Department of State Service (DSS), Nigeria Police, Nigerian Navy, Nigerian Army and others.

He attributed the recent joint seizures of 32.9kg of cocaine uncovered in a vessel, MV Cha Yanee Naree, in Apapa Port in October and 74.119kg of captagon pills, hidden in various components of machine parts, which was seized in September to intelligence sharing.

The CAC stated that only importers and agents who either want to smuggle or evade duty payments would fault the command and its growing synergy with other agencies, which was strengthened through collaboration.

He advised all importers and agents to take advantage of the one-stop shop compliance and dispute resolution mechanism, aimed at achieving trade facilitation without compromising national revenue and security.

Tags: Customs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

July 5, 2025
Veritas Kapital’s total assets hit N21.4bn
Economy/Technology

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

July 4, 2025
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
Next Post
Remembering the famous Green March after 46 years

Remembering the famous Green March after 46 years

Osinbajo advises world leaders to consider the poor in addressing economy, health issues

Nigeria, Cote d’Ivoire should build closer economic ties - Osinbajo

Recommended Stories

Edo unveils plans for investment desks

NBCC well-positioned to attract trade, investments

August 4, 2022
Emefiele’s suspension long foretold, but announcement unexpected – Expert

Emefiele’s suspension long foretold, but announcement unexpected – Expert

June 10, 2023
SMEDAN to disburse N5.2m start-up grants to cooperatives

SMEDAN, Sterling Bank earmark N5bn loan for SMEs

November 23, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs
  • Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG
  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us