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Customs : Apapa Area Command Raises ₦227b In 6-Months
Apapa Area Command of Nigeria Customs raises ₦227 billion Naira in 6-Months.
The total sum was collected as Customs Duty and other charges like 7 percent sur charge; VAT; 1 percent CISS among others.
This represent an increase of ₦24 billion or 10.59% increase from the previous year.
Apapa Area Command of Nigeria Customs raises ₦227 billion in 6-Months.
Amidst global pandemic, the Apapa Area Command has maintained its tempo at ensuring that maximum revenue is collected in addition to trade facilitation and Suppression of Smuggling.
From January to June 2020, the Command said it collected a total sum of ₦227,347,046,233. 53k as Customs Duty and other charges like 7 percent sur charge; VAT; 1 percent CISS among others.
In comparison, a total sum of ₦203.264 billion naira was collected in half year of 2019.
This sum represent an increase of ₦24,082,991,550.84 or 10.59 per cent increase from the previous year.
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According to the Command, there was a steady improvement in revenue collection since the beginning of the year except for the month of May.
In May, the Command said it recorded a decline of about ₦3. 531b, compared to what was collected between year 2019 and 2020.
The Apapa Command, which prides itself as an export friendly Command, said it also recorded an increase in export trade.
According to the command, goods worth ₦52,369,506,770. 90 (Free On Board Value) have been exported from Nigeria.
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