The current trend of imports drought witnessed in the first quarter of 2013 has affected the revenue generation of the Nigeria Customs Service (NCS).<\/p>\n
This news was broken to Journalists recently by the custom Area Controller of the Tincan Island Port Command, Comptroller Tajudeen Olarewaju\u00a0 during his first quarter briefing on the commands activities to newsmen in Lagos recently.<\/p>\n
Comptroller Olarewaju said that the Command revenue has been on the downward trend due to what he described as low volume of imports and reform in the financial sector which makes it difficult for banks to grant credit facilities to importers.<\/p>\n
He said between January to March 2013, a total of\u00a0 N50,177,636,394 was generated\u00a0 by the command as against\u00a0 N52,858,275,000 generated last year within the same period.\u00a0\u00a0 The short fall amounts to N2,680,639,207.<\/p>\n
The analysis\u00a0 shows that in\u00a0 January 2013, the command, collected N16,273,205,622, February, N16,273,205,622, and March , N17,560,472,142.<\/p>\n
On anti-smuggling activities, the command seized a total of 94 containers which infringed on import procedures. The containers comprising of 61\u00d740ft containers and 32 x 20ft containers\u00a0 has various items like electrical cable, expired frozen fish, used tyres ,tissue papers , soft drinks , used clothes , generators , lace materials ,television , automotive batteries ,\u00a0 falsely and under declared vehicles and parboiled rice etc.<\/p>\n","protected":false},"excerpt":{"rendered":"
The current trend of imports drought witnessed in the first quarter of 2013 has affected the revenue generation of the Nigeria Customs Service (NCS). This news was broken to Journalists recently by the custom Area Controller of the Tincan Island Port Command, Comptroller Tajudeen Olarewaju\u00a0 during his first quarter briefing on the commands activities to […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-66147","post","type-post","status-publish","format-standard","hentry","category-maritime"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/posts\/66147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/comments?post=66147"}],"version-history":[{"count":0,"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/posts\/66147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/media?parent=66147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/categories?post=66147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/wp-json\/wp\/v2\/tags?post=66147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}