• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, October 12, 2026
  • 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

Customs facilitates 12,438 export containers worth $518m

Customs

The Matters Press by The Matters Press
November 3, 2023
Reading Time: 2 mins read
0
States, others frustrate completion of container depot

Lagos, Nov. 3, 2023: The Nigeria Customs Service (NCS) Lilypond Export Command, has facilitated the exportation of 12,438 containers with a Free On Board value of $518.69 million between January and September 2023.

RELATED POSTS

FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG

Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies

Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

The Customs Area Controller, Comptroller Ajibola Odusanya, said in a statement on Thursday in Lagos and described the command as a one-stop shop for export business, saying that the current government policy in Nigeria requires zero duty payment for export.

“Exporters don’t pay export duties, except on special occasions where goods that were otherwise imported and are being re-exported. They pay 2.5 per cent levy on the current value of the goods with the government’s permission,” he said.

Odusanya gave a data analysis of exports the command had facilitated within the last one year.

“From January to the end of September, the command has facilitated the export of 12,438 export containers. If you break them down, we have 6524 × 20-foot containers and 5914 × 40-foot containers with a FOB value of $518,690,852.93.

“For the goods, we have agricultural produce such as cocoa, cashew, soya, ginger, hibiscus flower (zobo leaves), cotton, sesame seeds and others.

“Also are locally manufactured goods like cigarettes, cosmetic items, beverages and solid minerals such as aluminium, copper, magnesium, lithium and zinc.

“We have other sundry commodities like foodstuff, personal effects and others,” he said.

Also, Maritime Union Chairman, Lilypond Export Terminal-unit, Mr Augustine Umunnakwe, said the command was efficient in terms of work but it had challenges with shipping companies because of less manpower.

The Head of Processing, Diamond Star Port and Terminal Ltd., Mr Abdulsalam Babtunde, said that as an export processing terminal, there was a strong relationship and collaboration with the shipping lines and government agencies.

“We facilitate the processing at the port; we work with the major shipping lines and the terminal; we confirm the bookings to ensure that whatever leaves this terminal goes directly to the vessel; we ensure their quality and their quantity.

“We do not do it alone. We work with Nigerian Ports Authority and Customs Service as well and make sure that we do not export anything that has not been duly released by Customs,” Babatunde said.

Mr Emmanuel Ekle, the Principal Trade Promotion Officer at Nigeria Export Promotion Council (NEPC) Southwest, said that registration for exporters was a seamless process that was done online.

Tags: Customs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Stable petrol supply excites Buhari
Economy/Technology

FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG

October 12, 2026
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies

October 12, 2026
Tinubu signs amended electoral Act
Economy/Technology

Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

October 9, 2026
Tinubu explains mission as he marks second year in office
Economy/Technology

No way President Tinubu could have retained fuel subsidy on assuming office, IMPI insists

October 7, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

IMPI CHALLENGES ATIKU, OBI TO PUBLIC DEBATE ON SUBSIDY RESTORATION; DEMANDS ANSWERS TO CRITICAL FISCAL POSERS

October 7, 2026
Nigeria has not taken decision yet on fuel subsidy
Economy/Technology

The Fallacy of Atiku and Obi’s Subsidy Restoration Advocacy

October 7, 2026
Next Post
Coronavirus hits hard as China records 811 deaths

China’s Central Bank adds liquidity via reverse repos

Opara emerges 22nd President of CIBN

CIBN, LBS launch dual qualification programmes for financial services professionals

Recommended Stories

Coronavirus hits hard as China records 811 deaths

China software sector sees revenue growth from January -August

October 5, 2022
Coronavirus hits hard as China records 811 deaths

China’s bank wealth management market expands in 2023

February 3, 2024
Tinubu explains mission as he marks second year in office

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

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

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

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

    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

  • FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG
  • Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies
  • Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

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