…Records Over 300% in FOB of Export
ZAINAB JUNAID
The Customs Area Controller of the Nigeria Customs Service, TinCan Island Port Command, Comptroller Dera Nnadi has revealed that the unwavering commitment and teamwork strategy deployed by Officers and Men of his Command has earned them a surplus of one hundred and thirty nine percent(139%) in the revenue generated in the first quarter of 2024.
While speaking with all Deputy & Assistant Comptrollers and Units Heads during a brief meeting at the Command earlier this week, Comptroller Dera said the teamwork method deployed resulted to the Area Command surpassing it’s first Quarter Revenue Target for 2024 by one hundred and thirty nine percent (139%) with a difference of One Hundred and Seventy Seven Billion, Seventy-Nine Million, Three Hundred and Fifty Eight Thousand, Thirty five Naira, Thirty-Six Kobo (₦177,079,358,035.36), when compared to the same period of the year 2023.
The Comptroller who appreciated all effort put in place by all Units in the Area Command for the success recorded disclosed that the Command recorded a total collection of Three Hundred and Three Billion, Nine Hundred and Thirty Seven Million, Five Hundred and Forty-Seven Thousand, Two Hundred and Sixty Five Naira and Forty Seven Kobo (₦303,937,547,265.47) in the first quarter of 2024 (Q1 2024), which is against One Hundred and Twenty Six Billion, Eight Hundred and Fifty Eight Million, One Hundred and Eighty Nine Thousand, Two Hundred and Thirty One Naira Thirty One Kobo (₦126,858,189,231.31) recorded for the same period of 2023.
While breaking down the revenue generated, the Area Controller noted that the command collected a total of Eighty Eight Billion, Four Hundred and Thirty Million, One Hundred and Twenty Six Thousand, One Hundred and Twenty two Naira, Seventy-Two Kobo only (₦88,430,126,122.72) in the month of January 2024, indicating a 107.9% upscale from the revenue collected for same period of January 2023 ; Forty-two Billion, Five Hundred and Thirty Six Million, Three Hundred And Thirty-Six Thousand, Thirty-Eight Naira, Eleven Kobo (₦42,536,336,038.11)
In the month of February 2024, the command according to him, generated One Hundred Billion, Three Hundred and Ninety-Nine Million, Three Hundred and Fifty-four Thousand, Eight Hundred and Eighty Seven Naira, Seventy-One Kobo only (₦100,399,354,887.71), which is 141.8% higher than the value collected in the same period in 2023 that is Forty-One Billion, Five Hundred and Eighteen Million, Seven Hundred and Thirty Eight Thousand, Six Hundred and Forty-Nine Naira and Nine Kobo (₦41,518,738,649.09).
Meanwhile for the month of March 2024, the Command, Dera said, recorded the sum of One Hundred and Fifteen Billion, One Hundred and Eight Million, Sixty Six thousand, Two hundred and Fifty Six Naira, Twenty Kobo only (₦115,108,066,256.20) as against the Forty two Billion, Eight Hundred and Three Million, One Hundred and Fourteen Thousand, Five Hundred and Forty-Four Naira and Eleven Kobo (₦42,803,114,544.11) collected for March 30 2023; this is 163.9% increase.
However, in area of enforcement and anti-Smuggling Unit, a total of 57 packets of Heroine weighing 56.390kg corresponding to a street value of (₦902, 240,000.00); 3612 packets of Colorado Indica weighing 956.772kg having a street value of (₦4,055,400,000.00) we’re all seized and have been handed over to the relevant sister agencies as directed by the Service.
“On export, in terms of Volume (mT) and value Free on Board(FOB), export trade recorded exponential growth within the same 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 Eighty Billion, Nine Hundred and Ninty-Three Million, Five Hundred and Eighty Thousand, Seven Hundred and Ten Naira (N80,993,580,710) to Two Hundred and Eighty -Seven Billion, Seven Hundred and Ninty-Two Million,Seven Hundred and Sixty-Seven Thousand, Four Hundred and Fifteen Naira (N287,792,767,415.00) 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 added.
He further expressed profound appreciation for the support and clear sense of direction received from the Comptroller General of Customs, BA Adeniyi MFR and his management team for their relentless and continuous efforts towards strengthening the capacity of the Service and introducing innovative methods to perform its statutory responsibilities in line with international best practices.
Looking forward, Comptroller Dera Nnadi affirmed the Area Command will continue to put in more efforts towards better performance. “We are optimistic that with the content of digitalization of all Customs processes and procedures based on the modernization agenda of the Service we will achieve more in our responsibilities,” he concluded.
