Customs rakes in N135.4bn from import, N56.2bn from export in Q1

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Free On Board (FOB), value of export trade increased from N31.4billion in first quarter of 2021 to N56.2 billion in the first quarter of 2022.

The Tin-Can Island Command of the Nigeria Customs Service (NCS) said this on Wednesday.

Speaking at the first quarter revenue and performance report of the command, Customs Area Controller (CAC), Compt. Adekunle Oloyede, said the command collected a total of N135.4 billion within the period under review, which represents a N22.7 billion increase from the N112.69 billion collected the same period in the previous year.

Oloyede said the total tonnage of goods exported through Tin Can Island Port in the first three months of the year, January to March, grew by 62.67 per cent to 71,014.4 metric tons.

He, however, said the volume increased compared to the 44,502.9 metric tons exported through the port the same period in 2021.

He listed the goods exported through the port to include non-oil products such as copper ingots, stainless steel ingots, sesame seeds, cashew nuts, cocoa beans, rubber, cocoa butter, leather, ginger, frozen shrimps among others.

“In the area of enforcement/anti-smuggling activities, seizures made include 145kg of indian hemp concealed in two units of Ridgeline trucks and two units of Toyota Corolla vehicles; 206,000 pieces of machetes; 640 bales of used clothes; 236,500 pieces of used shoes; 62,500 pieces of new ladies shoes; 1,670,400 pieces of Chloroquine injections (Smg/Sml); 1,814,400 pieces of Novalgen injection (500mg/Sml); 48,850 rolls of cigarettes and 23,800 tins of sodium bromate and baking powder,” Oloyede explained.

According to him, the importation of the above listed products, which has Duty Paid Value (DPV) of N1.048billion, contravenes sections 46, 47 and 161 of the Customs & Excise Management Act (CEMA) Cap 45 LFN 2004.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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