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IGR: Customs generates N61.7billion from Tin Can Island port in 2015 Q1

Nairametrics by Nairametrics
April 24, 2015
in Uncategorized
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  • About  N61.7 billion was generated by the Nigeria Customs Service (NCS) from Tin-Can Island Command in the last three months.
  • The revenues generated were from import duty, excise duty, fees, common external tariffs (CET), five per cent value added tax (VAT), seven per cent levy and national automotive council (NAC).
  • Other sources of the revenue were from the Comprehensive Import Supervision Scheme (CISS), ECOWAS Trade Liberalisation Scheme (ETLS), sugar, rice, wheat flour, wheat grain, iron and cigarette Levies.
  • Giving an insight into the performance of the command in the first quarter of the year, the Public Relations Officer, NCS, Tin Can Island Port Command, Mr. Christopher Osunkwo said the amount was higher compared to N59.8 billion recorded in the same period last year
  • Source: Thisday

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