Customs MMAC grows revenue by 107.5% to N80.3bn in six months

The Murtala Muhammed Area Command of the Nigeria Customs Service ( NCS) said it generated a total of N80.351 billion in customs duty and other charges from January to June 2024.

Controller of the command, Comptroller Michael Toyin Awe, said in a press statement issued by the command’s Public Relations Officer, Victor Ogagbor that the amount represents a 107.5% increase when compared to the N38.7 billion collected same period in 2023.

He said, “The Command from January to June, 2024 was able to collect a total duty of Eighty Billion, Three hundred and Fifty One Million, Two Hundred and Ninety Nine Thousand and Sixty Eight Naira Only (N80,351,299,068.00) on Customs duty and other charges.

“In comparison to the revenue collected same period in 2023, the revenue stood at Thirty Eight Billion, Seven Hundred and Seven Million, Fifty four Thousand, Two Hundred and Sixteen Naira, Forty Four Kobo only (N38,707,054,216.44) which clearly shows a progressive difference of Forty One Billion, Six Hundred and Forty Four Million, Two Hundred and Forty Six Thousand, Eight Hundred and Fifty One Naira, Fifty Six Kobo only (N41,644,246,851.56) depicting 107.5% increase.”

He said the Command also recorded an export value of N266.655 million from January to June 2024, with an FOB value of $204,597.07.

The statement attributed the command’s achievement to the Comptroller’s strategic leadership in line with World Customs best practices, which have facilitated ease of doing business, trade facilitation, and reduction of cargo clearance time.

Comptroller Awe expressed his commitment to sustaining and improving revenue generation in the second half of 2024.

He also sought the continuous cooperation of all stakeholders and assured them of the Command’s commitment to promoting ease of doing business and trade facilitation.

The Controller appreciated officers and men of the Command for their dedication to the noble course of combating smuggling and implored them to always adhere strictly to the rules of engagements while discharging their statutory duties.

He also thanked the Comptroller General of Customs, Bashir Adewale Adeniyi, and his management team for their support.