Apapa customs earn N86bn revenue in October

The Apapa Area Command of the Nigerian Customs Service (NCS) declared a revenue sum of 86.02 billion for the month of October 2021.

The Customs Area Controller (CAC), Comptroller Malanta Yusuf, said the revenue figure was recorded despite initial glitches that slowed down its operations.

He claimed the figure was possible because of sustained revenue collection through the volume of trade, strategies raising stakeholders’ compliance level, and inter-agency collaboration between the Command and other government agencies.

The statement read in part: “A breakdown of the total collection shows federation and non-federation figures.

”Figures under the federation account are as follows: Import duty at ¦ 38,436,536,897.00; Excise duty at ¦ 199,038,533.00; CET Levy at ¦ 5,625,077,502.00; and Fees at ¦ 401,830,622.00, with a sub total of N44, 662,483,554. 00.

”Figures for the Non-federation Account are as follows: Port Levy at ¦ 2,690,572,938.00; NAC at ¦ 165,872,139.00; 1 per cent CISS at ¦ 4,612,963,465.00; 0.5% ETLS at ¦ 2,688,286,656.00; Sugar Levy at ¦ 598,518,814.00; Wheat Flour Levy at ¦ 488,959.00.

”Others are; Iron Levy at ¦ 47,220,994.00; Wheat Grain Levy at ¦ 7,892,567,890.00; Ness Levy at ¦ 102,989,524.77, with a sub-total of ¦ 18,799,481,379.77.

”For Value Added Tax, the command collected 22,560,783,616.00 leading to a grand total of 86,022,748,549.77,” he said.

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