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Oyo/Osun Customs Net N20.48bn In Feb … Make N165.3m Worth Seizures
The Nigeria Customs Service (NCS), Oyo/ Osun Command, has announced the collection of ?2,048,487,969.00 as revenue covering the period of 1 February to 27 February 2025.
Briefing newsmen at the Command’s headquarters in Ibadan, the Customs Area Controller, Comptroller Joseph Olugbuyi Adelaja, said the Command has been able to reduce tax evasion through deployment of improved data analytics to monitor trade flows.
According him, “Under my leadership, the Command was able to collect the sum of ?2,048,487,969.00 (Two billion and forty-eight million, four hundred and eight seven thousand nine hundred and sixty-nine naira only) as revenue covering the period of 1 February to 27 February 2025.
“This revenue collected reflects the diligence and efficiency of our Officers and men in ensuring compliance with extant Customs laws and policies.
“The Oyo/Osun Area Command has significantly reduced tax evasion through the adoption of advanced technology, such as the deployment of improved data analytics, which has enabled the Command to monitor trade flows and identify discrepancies effectively”.
Comptroller Adelaja continued that “One of the core mandates of the Nigeria Customs Service is the suppression of smuggling, which undermines national security and economic growth.
“The Oyo/Osun Area Command has made significant strides in curbing smuggling activities, safeguarding the nation’s economy, and protecting local industries from the harmful effects of illicit trade.
“Within 2 weeks of my assumption of duty, the Command has intercepted and seized several high-profile smuggling consignments, including the seizure of foreign Rice, Second-hand clothing, Premium Motor Spirit and used tyres. These seizures have a duty paid valued of ?165,387,000.00k (One and sixty-five million, Three hundred and eighty-seven thousand naira only).
“The interception and seizure of these prohibited and uncustoms items have prevented the illegal inflow of products that undermine local industries, particularly rice farmers and manufacturers in the region.
“On this note, the interception of prohibited foreign parboiled rice has led to the increase in production and consumption of the local rice in Oyo and Osun State respectively”.
The seized items includes: 1043 bags of foreign parboiled rice (50 kg), with duty paid value of ?114,730,000.00k; 452 Pieces of used tyres, valued at ?43,392,000.00k; 2 bales of used clothes valued at ?1,440,000.00k; and 233 Kegs of premium motor spirit (25 Litres), at ?5,825,000.00k, with total duty paid value of ?165,387,000.00k.
“The Command in a bid to enhance border monitoring has intensified its surveillance of key entry points and transit routes within the Oyo/Osun region through a combination of physical inspections, surveillance technology, and intelligence sharing with other security agencies”, he explained.
He further said the command’s Anti-smuggling operations have been strengthened through increased collaboration with other security agencies, including the Nigerian Army, Nigerian Police Force, Department of State Services (DSS), Economic and Financial Crimes Commission (EFCC), and the Nigerian Immigration Service, (NIS).
These partnerships, he said, “have facilitated the exchange of intelligence and allowed the joint operations to dismantle smuggling networks operating in the region.
“The Command will further prioritize the sensitization of the members of the public to raise awareness about the negative impact of smuggling on the economy and the well-being of the nation.
“The economic downturn facing Nigeria has created a number of challenges for the Nigeria Customs Service, particularly in revenue collection and the prevention of smuggling.
“The low level of importation, fluctuating exchange rates, and inflation have all contributed to the economic challenges being faced”.
He, however, said the Command has responded strategically to these challenges, ensuring that the Command remains resolute on its mission.
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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU