Tin Can Customs Generates N135.4 Billion In 2022 Q1

The Nigeria Customs Service (NCS) Tin Can Island Port Command said it generated N135.4 billion in the first quarter of the year, even as it announced the seizure of 145kg of Colorado (Indian hemp) and eight containers of machetes illegally imported into the country.

Lovetvnews Nigeria reports that the Controller of the command, Comptroller Adekunle Oloyede, who disclosed this during his maiden press briefing in Lagos on Wednesday, said the 2022 Q1 revenue was 20.18% higher than the N112.6 billion generated in the corresponding period of 2021.

Comptroller Adekunle Oloyede disclosed that 71,014.4 metric tons of export goods with Free on Board (FOB) value of N56,205 billion passed through the command in the first quarter of the year.

“Comparatively, between January to March 2021 and 2022, the tonnage of goods exported through the command increased from 44,502.9 metric tonnes to 71,014 representing an increase of 62.67 percent. The FOB Value in naira of the above-mentioned tonnage also increased from N31.371 billion to N56.205 billion representing an increase of 55.82% within the period under review,” he said.

This online news medium recalls that on revenue generation, Oloyede said for the first quarter, January-March 2022, Tincan Island Port achieved a revenue collection of one hundre and Thirty-Five Billion, Four Hundred and Eighty-Three Naira And Thirty-One Kobo (135,443,223,283.31).

This according to the him was an improvement of Twenty-Two Billion. Seven Hundred and Forty-Seven Million, Five Hundred and Thirty Thousand, One Hundredand Twenty-Four Naira, Sixty-Five kobo (22,747,530,124,65) only, translating to 20.18% increase from the first quarter 2021 collection of One Hundred and Twelve Billion, Six Hundred and Ninety-fIve Million, Six Hundred and Ninety-Three Thousand, One Hundred and Fifty-Eight Naira, Sixty-Six kobo (112,695,693158.66).

Comptroller Adekunle Oloyede gave a rundown of Enforcement /Anti-Smuggling Activities: In the area of Enforcement /Anti-Smuggling activities, seizures made include 145kg of Colorado( Indian hemp), concealed in 2 units of Ridgeline trucks and 2 units of Toyota corolla vehicles, 206,000 piece of matchetes, 640 bales of used clothes, 236,500 pieces of used shoes, 62, 500 pieces of new lady’s shoes, 1,670,400 pieces of Chloroquine injections (5mg/5ml), 1,814,400 pieces of Novalgen injection (500m/5ml), 48,850 rolls of cigarette and 23,800 tins of sodium bromate amd baking powder.

“Gentlemen of the press, as part of our effort to wage war against the importation of firearms, the command through its intelligence unit seized eight containers full of cutlasses. And following the procedure, until the importers produce an end-user certificate from the Office of the National Security Adviser, we will not release them. Cutlasses are instruments of mass destruction,” Oloyede said.

Lovetvnews Nigeria reports that the import of these products contravenes Section 46, 47 & 161 of the Customs & Excise Management Act(CEMA) Cap 45 LFN 2004.

The duty paid value of these seizures amounted to N1,048,810, 569.00.