Customs generates N26.3b at Tin-Can Port

The Tin-Can Island Port Command of the Nigeria Customs Service on Monday said it generated N26.3 billion in November, up from N24.7 billion generated in October.
The Public Relations Officer of the Command, Chris Osunkwo, told the News Agency of Nigeria in Lagos.
Osunkwo in his breakdown said that the command generated N15.15 billion from import duty and fees and N5.4 billion from five per cent Value Added Tax.
He said the Federation Account levies consisting of charges on wheat flour, rice, cigar and wheat grain fetched the command the sum of N2.1 billion.
Osunkwo said N3.5 billion paid into the Non-Federation Account by the Command was collected from levies on sugar, iron, Comprehensive Import Supervision Scheme and ECOWAS Trade Liberalisation Scheme.
He said: “In October, we made approximately N24.7 billion, while we made N26.3 billion in November.
“A lot of factors are responsible for the increase, particularly the warning by the Area controller of the command, Comptroller Zakari Jibrin, that we must collect every kobo for government.
“The level of compliance is gradually improving because we have just celebrated the second anniversary of PAAR (Pre-Arrival Assessment Report)
“PAAR just clocked two on December 1 and among the things PAAR is here to achieve is to make the trading public become more compliant.”
Osunkwo said honest declaration reduced the time in doing business, adding that the level of compliance by importers and exporters had increased.
Osunkwo commended the Comptroller-General of Customs, retired Colonel Hameed Ali, for “taking the service to the next level”.
He said the comptroller-general was working tirelessly in making sure that the service would be the pride of the nation.
NAN.