Maritime
Customs Generates N1trn In Nine Months
The Nigeria Custom Service (NCS) said it realised N1.2 trillion as revenue in nine months within 2019.
This is against the N1.2 trillion it realised in the whole of 2018.
The Service said the revenues were realised between January and September 2019.
This was contained in a statement made available to The Tide by the NCS, Abuja office.
The statement shows that the highest revenue recorded was N123.6 billion in July and N118.6 billion in May.
The statement also reveals that the month of February had the lowest revenue of N86.3 billion.
The revenue was generated from import duty, levy, excise duty and other fees.
But unconfirmed reports state that the low revenue collected in February might be as a result of the partial closure of the border for the 2019 general elections slated for that period.
The data further shows that Apapa Area Command had the highest revenue of N313.5 billion within the period under review.
By: Chinedu Wosu
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