Business & Economy

Customs Generates N78.17B Revenue At Onne Port In Six Months

The Nigeria Customs Service (NCS) has revealed that its Area II Command, Onne Port, Rivers State generated the sum of N78.17 billion revenue for the period of H1, six months, 2021.

Brandnewsday reports that this was made known in a statement by Mr Auwal Mohammed, the Comptroller of Area II Onne Port Command, in Port Harcourt.

According to NAN, the Nigerian Customs disclosed that this was a 67.52% increase compared to revenue of N46.66 billion earned last year in the same period.

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READ: Man Defeats Nigerian Customs Service, As Court Slams NCS To Pay Him N5 Million

Commenting on the development, the Comptroller said, ”The feat was achieved through strict enforcement of fiscal policies, uncompromising implementation of government directives and diligent trade facilitation, among other strategies.

“Aside from the improvement in the command’s comparative mid-year revenue generation between 2020 and 2021, the command also made other very laudable feats in export and anti-smuggling activities.

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“One of the feats was made in June 2020 with the generation of N14.55 billion which is an unprecedented achievement in the history of the command,” he said.

READ: Four Fidelity Bank Branches Sealed Over Tax Evasion Since 2011-2020

Moving on, Mohammed noted that statistics from its export unit indicated that goods worth N52.6 billion were exported through the port between January and June 2021.

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He further revealed that ”the goods include; sesame seeds, ginger, cocoa beans, hibiscus, fluorite ore, lead ore, palm kernel shell, cotton, float glass, aluminium ingot, and many others”.

“The total tonnage of the exported goods stood at 331.36 tonnes with Free on Board (FOB) value of $137.943 million.

“In addition, the command made 19 seizures totalling N8.299 million Duty Paid Value (DPV) within the period under review,” he concluded.

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Adebayo

Adebayo is a Content Developer and website manager who loves to learn, unlearn and relearn. He has a knack for exploring the tech world. He is always thirsty to learn as the tech ecosystem evolves every day.

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