The Tin Can Island Command of the Nigeria Customs Service said it recorded 139 percent revenue increase to N303. billion in the first quarter of 2024.
Controller of the command, Comptroller Dera Nnadi, who disclosed this in a statement issued by the command’s Public Relations Officer, Ngozi Okpara, said the amount is against N126.8billion recorded in the same period of 2023.
“I sincerely wish to congratulate officers & men of the command for embracing service delivery for our stakeholders and for teamwork which resulted to the Area Command surpassing it’s first quarter revenue target for 2024 by 139 percent with a difference of N177 million when compared to the same period of the year 2023.
“All effort put into place by all Units in the Area Command for this success recorded is highly appreciated,,” he said.
The CAC also reminded the officers that stakeholders should be held in high esteem and treated with respect but with due diligence to identify compliant and non-compliant traders.
Giving a breakdown of revenue generated in the review period, Nnadi said, “The command collected a total of N88.4billionin the month of January 2024 this indicates a 107.9% upscale from the revenue collected for same period of January 2023 which is N42.5billion.
“In the month of February 2024, the command generated N100. 4billion. This is 141.8% higher than the value collected in the same period in 2023 which is N41,5billion.
“In the month of March 2024, the Command recorded the sum of N115billion as against the N42,.8billion collected for March 30 2023; this is 163.9% increase.”
In the area of anti smuggling activities, Nnadi said a total of 57 packets of Heroine weighing 56.390kg with a street value of N902, 240,000.00); 3612 packets of Colorado Indica weighing 956.772kg with a street value of N4,055,400,000.00 were seized.
All the seized illicit drugs, he said, have been handed over to the relevant sister agencies as directed by the Service.
“The Command’s Enforcement and Anti-Smuggling Unit has not relented in its effort to combat smuggling and all forms of criminality. Customs being the lead agency at the ports through it’s Enforcement Unit has coordinated several 100% physical examination under my supervision in collaboration with critical stakeholders to ensure that the command is free of any form of non-compliance in line with the International trade cycle,” he said.
Giving an update on the Time Release Study ( TRS) Nnadi said, ” I have the honour to inform you that irrespective of the challenges observed, the Area Command has not relented on its efforts to ensure that the aim is achieved. The TRS as a Customs process aims to enhance efficiency and effectiveness within Customs operations by assessing the time it takes for goods to be released from terminals within the port premises. This will be unveiled with time, yet be assured that there is progress.”
Nnadi added that export trade in terms of volume ( Metric tonnes) and value ( FoB), recorded exponential growth within the period under review.
“Comparatively, tonnage of goods exported via TCIP increased from 145,906.33 mT in 2023 to 251,679.89 mT in 2024 and represents an increase of 95.3%.
“Also, there is an over 300% increase in the FOB value of the exports from N80.9billion to N287.7billion of Q1 2023 and 2024 respectively.
“Exports from the command includes essentially agricultural and other allied products, namely; Coca-Butter, Cocoa Beans, Cashew Nuts, etc,” he said.
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