Maritime
Customs Records 6,019 Seizures, 308 Arrests
The Nigeria Customs Service (NCS) recorded a total of 6,019 seizures with a duty paid value of N4.3 billion in 2012, according to the service.
A summary of the seizure reports from January to December 2012 was made available to our correspondent yesterday in Abuja, recently.
According to the report, 308 arrests were made in connection with the seizures, while the number of general goods seized was 3,996.
A breakdown of other seizures recorded by the service in 2012 include 1,970 cars, 52 motorcycles, five boats and 52 containers.
In comparative terms, the seizures recorded in 2012 were higher than the 5,784 recorded in 2011.
However, the duty paid value in 2011 was N8.4 billion, compared with the N4.3 billion in 2012.
Also there was a decline in the number of arrests in 2012 compared with the 476 arrests recorded by the service in 2011.
Meanwhile, official figures obtained by our correspondent shows that in 2012 the service generated a revenue of N850.8 billion below Federal Government’s target of N872.2 billion.
A breakdown of the figures in 2012 showed that N508 billion was paid into the Federation Account and N324.8 billion into the Non-Federation account.
Comparatively, the service collected a total of N850.8 billion in 2012, compared with N741.8 billion in 2011.
According to the summary of revenue figures in 2012, the service collected N404.8 billion on import duty (cash), N33.6 billion on Negotiable Duty Clearance Certificate.
The service earned N38.5 billion from excise duty while Common External Tariff Levy (CET) amounted to N29.7 billion and fees, N1.3 billion.
A competent customs source, however, told our correspondent that more than N53 billion was lost to waivers and concessions in 2012.
Maritime
Lagos Ready For International Boat Race–LASWA
Maritime
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
Maritime
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford