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Car Imports: Nigerian Customes Generates N2.1b in Seme in 3 Months

Nairametrics by Nairametrics
May 9, 2014
in Uncategorized
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The Seme Area Command of the Nigeria Custom Service (NCS) has collected a total of N2.1billion as revenue for the first quarter of 2014. The amount  indicates an increase of  17 per cent above the  N1.8 billion collected within the same period  of 2013.

Similarly, the command within the same period also made 252 seizures with duty paid value (DPV) of N140.5 million and handed over seizures of narcotics and artefacts to the relevant government agencies.
 
A breakdown of the revenue shows that much of  the revenue  was collected from duty payment on imported motor vehicles. The command explained that the revenue collected in the first  quarter has given credence   the resolve of its  helmsman  to fight smuggling and facilitate legitimate trade while collecting all revenue due to the government.

The Customs Area Controller (CAC), Comptroller Willy Egbudin, who disclosed these while  reviewing the  activities of the command in the first quarter of the year.

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Egbudin had on assumption of office last year emphasised the need to ensure that no area of revenue leakage is tolerated in the command even as he warned against anyone attempting to undermine his resolve through under declaration, concealment and outright smuggling to evade duty payment.

The seizures includes: motor vehicles, rice, frozen poultry products, vegetable oil, bales of used clothing, narcotics, cartons of soap, among other items. The seized narcotics were handed over to operatives of the National Drug Law Enforcement Agency (NDLEA) for investigation and possible prosecution of suspects.

Within same period, the command also handed over seized artefacts worth $16,870 to the National Council for Museums and Monuments (NCMM).

 

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