• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, December 17, 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 Economy/Technology

TinCan Customs generates N274.32bn

Customs

The Matters Press by The Matters Press
July 23, 2022
Reading Time: 2 mins read
0
TinCan Customs generates N274.32bn

The TinCan Island Port Customers Command has generated N274.32 billion in the first six months of 2022.

RELATED POSTS

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

Comptroller Olakunle Oloyede, command’s area controller, made this known at a media conference in Lagos on Friday.

Oloyede said that this indicated an increase of 27.50 per cent when compared with N229.32 billion achieved in the corresponding period of 2021.

Speaking on enforcement and anti-smuggling activities, he said that various seizures and detentions were made by the command.

“These include 145kg of Colorado (Indian hemp) concealed in two units of Ridgeline trucks and two units of Toyota Corolla vehicles, 206,000 pieces of machetes, 640 bales of used clothes and 236,500 pieces of used shoes.

“Others are 62,500 pieces of new lady’s shoes, 1,670,400 pieces of chloroquine injections (5mg/5ml), 1,814,400 pieces Novalgen injection (500mg/5ml), 48,850 rolls of cigarettes and 23,800 tins of sodium bromate & baking powder.

“In addition to the above other detentions made include 3,303 pieces of motor batteries found in three containers falsely declared as three units of used Toyota Hiace buses, four units of used Mack truck heads,” he said.

He noted that the service handed over one suspect, one arm pistol gun, two empty magazines and 300 rounds of live ammunition to the Department of State Services (DSS) for further action.

He pointed out that the import of the seizures and items detained contravened Sections 46, 47& 161 of the Customs & Excise Management. Act (CEMA) Cap 45 LFN 2004.

“The Duty Paid Value of the total seizures amounted to N1, 301,901,685.12.

“It is important to acknowledge the critical role played by the Customs Intelligence Unit, the Valuation unit, Customs Strike force, FOU as well as interventions by sister regulatory agencies in making these seizures and detentions,” he said.

On import, he noted that the command had recorded an outward throughput in export cargo of 138,246.50 metric tonnes representing an increase by 73 per cent from 100,500 metric tonnes recorded in 2021, with a Free on Board value of N100,447,304,814.00.

“This also represents an increase of 60 per cent from N66,294,630,421 recorded in the fiscal year 2022.

“We commend the Nigeria Ports Authority management for their seamless collaboration in facilitating the clearance process of export-related cargo,” he said.

On the Vehicle Identification Number Valuation service, he said that after the initial challenges faced in implementation,p the VIN-valuation had helped the command to achieve an expedited clearance process.

He added that this was due to predictability of value-assessment, increase in revenue generation, improved ease of doing business, generation of accurate statistics for the Federal Government and a host of others.

He said that the command would continue to provide a conducive environment for trade through continuous engagement and collaboration with relevant stakeholders and regulatory agencies of government.

Tags: CustomsTinCan
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Gombe: Troops take over to enforce peace
News

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

December 11, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

December 11, 2025
ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions
Energy

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

December 5, 2025
Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”
Foreign

Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”

December 5, 2025
ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region
Foreign

ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region

December 4, 2025
Senate Confirms Musa as Defence Minister
Energy

Senate Confirms Musa as Defence Minister

December 3, 2025
Next Post
Access Bank eyes top 5 positions in Africa

Access Bank unveils application for womenpreneur

Enyimba Economic City roaring

Abia moves to introduce industrial policy to drive economy

Recommended Stories

Leadway Assurance generates N104.4bn premium

Leadway pays N175bn to 85,000 retirees

July 10, 2023
Nigeria, China strategic partnership key to Africa’s development – Shettima

Nigeria moves to tap into $350b global outsource market

March 1, 2024
Nigeria’s N225bn bonds oversubscribed

DMO offers 2 FGN savings bonds for subscription

March 7, 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

  • Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG
  • Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV
  • ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

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