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Business & EconomyNews

Nigerian Customs Service, Kwara generates N1,696bn in Q1

written by Taiwo Adediran May 13, 2020
Nigerian Customs Service, Kwara generates N1,696bn in Q1

Nigerian Customs Service, Kwara generates N1,696bn in first quarte

– reads riot act to economic saboteurs

The Kwara area Command has generated the sum of N1,696,018,694.74 in first quarter, in the first quarter of 2020

The figure represents 21% of the Command’s annual target of N8,038,000,000.

The Kwara area Command revealed this in its quarterly report made available to newsmen by its Public Relations Officer, Chado Zakari on behalf of the Area Comptroller, Ahmed Hussaini Bello.

Ahmed said the revenue was generated despite the lull created by COVID-19 pandemic, at the end of first quarter 2020.

Ahmed, who gave the breakdown of the Revenue generated, said that in the month of January the Command realised a sum of N1,006,901,647.42.

In the month of February, Bello said the the command made a sum of N332,272,223.68, while it generated at sum of N356,844,823.64 in the month of March, making a total sum of N1, 696,018,694.74 in period under review.

“This bring the total amount of revenue generated by the Command since its creation to N4,100,336,737.22”, he added.

According to the statement, within the first quarter, the Command has also recorded 54 seizures with duty paid Value (DPV) of N282,198,292.00.

21 units of vehicles of various types, 1,159 Bags of foreign Par Boiled Rice (50kg each), 737 Jerry Cans of Petroleum Product, 20 Jerry Cans of Vegetable (25 liters each), 48 Sacks of 3,593Kg of Cannabis Sativa (Marijuana), 3 different seizures of Narcotics and 9 Used Pneumatics Tyres were also seized.

The Kwara area Controller declared that seizures were successfully accomplished as a result of the renewed determination of the Comptroller-General of Customs Colonel Hameed Ibrahim Ali (retired) to rid the country of all forms of illegal importation.

The statement stated further that Compt. Ahmed is vigorously pursuing the Comptroller General of Customs Zero tolerance for duty evasion and smuggling.

He said the effort has encouraged stakeholders to make prompt payment of import and excise duties to the federation account.

The Customs Area Controller warned economic saboteurs to steer clear of Kwara area Command and engage in meaningful ventures or face the wrath of the law.

The Controller also called on Nigerians to support the Command by providing credible information that will help nip smuggling in the bud and generate needed revenue for national development.

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