Business
Seme Customs Earns N8.39bn In Exports …Surpasses 2023 Revenue Target
The Nigeria Customs Service (NCS), Seme Command, says it has it facilitated a total of 41,867.88 metric tons of export products worth N8.2billion from January to October 2023.
It also recorded a total of N3.050billion revenue within the period under review, exceeding the allotted 2023 target of N1.96billion by N1.084billion, representing 55.1 percent increase.
The Customs Area Controller (CAC), Seme-Krake Border Command, Comptroller Timi Bomodi, disclosed this in a statement issued by the Public Relations Officer of the Command, Hussein Abdulahi, who attributed the successes recorded by the command to strategies adopted by the leadership of the Command to checkmate revenue loopholes, in partnership with stakeholders to ensure compliance.
Bomodi also handed over seized cannabis to the representative of the National Drug Law Enforcement Agency (NDLEA).
He said, “Upon my assumption of duty on the 18th of September, 2023, I pledged to adopt sustainable ways and means of dealing with smuggling, while the focus will be on using administrative and strategic levels to block revenue leakages.
“I also promised to encourage compliant traders and our host Communities along the corridor bearing in mind the challenges of the Joint Border Post as one that is still adjusting to the reality of the border closure.
“We have kept faith within government as talks are ongoing at the highest level to regularize the situation.
“The Command under my watch has made notable impacts in our key performance indicators which are revenue collection, anti-smuggling operations, and facilitation of legitimate trade.
“The Command continues to sustain tempo in harnessing all revenue components to achieve desired goals. The target for the Command for the year 2023 is N1.96billion only.
“As at the end of October 2023, the Command has collected N3,050, 100, 912.28 only. The revenue figure collected exceeded the allotted target of N1,966,000,000 by N1,084,100,912.28 only, which represents a 55.1% increase.
“Under Export, the Command facilitated a total of 41,867.88 Metric Tons involving 1048 trucks of export products with Free On Board (FOB) of N8,299,767,340.57..
“The Nigeria Export Supervision Scheme (NESS) paid was N41,504, 608.45, only. The surcharge paid for the period under review was N40,531,580.00, only”.
On anti-smuggling operations, Bomodi recalled the headline seizures of 168 live Parrot birds and a Hawk, which are prohibited under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which Nigeria is a signatory.
He disclosed that between September and October, the Command’s operatives intercepted 1,756 jerrycans of Premium Motor Spirit (PMS) equivalent to 52,680 liters or about 2 petroleum tankers, and 3,805 units of 50kg bags of rice equivalent to 7 trailer loads of foreign parboiled rice.
Other seizures within the period, he said, include; 1,379 of general merchandise goods, 40 parcels of Cannabis Sativa, 2 used vehicles, 3 live porcupines with a Duty Paid Value of N326million.
He added that six suspects were arrested in connection with the seizures.
Bomodi continued that the seized cannabis sativa and suspects will be handed over to NDLEA for further investigation.
He expressed appreciation to the Comptroller General of Customs for his support to the Command and the Seme Badagry Community for their cooperation.
By: Nkpemenyie Mcdominic, Lagos
Business
Customs Launches Digital Vehicle Verification System To Tackle Smuggling
Business
NDDC Unveils Naval Facilities To Boost Region’s Security
Business
FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
-
Business3 days ago“W’Bank To Invest $14bn In Agric Transformation
-
News3 days agoNECO Opens UK Exam Centre For Nigerians In Diaspora
-
City Crime3 days ago
RSG Ready For 2030 Digital Transformation
-
Opinion3 days agoA Renewing Optimism For Naira
-
Business3 days agoFG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
-
News3 days agoReps Summon NAFDAC, Police, Others For Illicit Drug Probe
-
Niger Delta3 days ago
Coy Advocates Indigenous Innovation For Africa’s Energy Future
-
News3 days agoDangote Begins Refinery Expansion To 1.4mbpd
