Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Customs processes $184.8m worth of exports in Q2 2024

    Customs processes $184.8m worth of exports in Q2 2024

    July 15, 2024
    Share
    Facebook Twitter LinkedIn WhatsApp
    A Nigeria Customs Service personnel on duty at a port terminal

    Mkpoikana Udoma

    Port Harcourt — The Nigeria Customs Service, NCS, has announced a significant achievement in export facilitation, with the Lilypond Export Command processing 3,540 export containers valued at $184.8 million in the second quarter of 2024.
    According to the Customs Area Comptroller of Lilypond Export Command, Mr. Ajibola Odusanya, the command’s sustained performance is a testament to the service’s commitment to promoting effective trade practices and economic prosperity, despite the challenges facing the economy.
    Odunsanya, in a statement sighted by SweetcrudeReports noted that exports include agricultural produce, manufactured goods, solid and extractive minerals, showcasing Nigeria’s diverse economic potential.
    The statement said the achievement demonstrates the NCS’s dedication to supporting the country’s economic growth and development.
    “As we all know, the year 2024 is facing numerous challenges, and Nigeria is not exempted. Important sectors of the economy are adversely affected due to the unstable exchange rate.
    “The Lilypond Export Command is thrilled to announce its sustained performance in the second quarter of 2024 through concerted efforts and strategic measures,” the statement read.
    According to Customs, the Command facilitated the export of 3,540 20ft and 40ft containers valued at $184,880,029.35 within the period under review.
    “The Nigeria Export Supervision Scheme received a payment of N1.2 billion. At the same time, N29,626,178 was generated as a surcharge on the export of previously imported goods and other machinery approved by the Federal Ministry of Finance,” it stated.
    On stakeholder engagement, Comptroller Odusanya noted that the command maintained its open-door policy and resolved many issues of common interest with concerned stakeholders.
    “The Lilypond Export Command, as the lead agency in the drive for export trade facilitation, have consistently collaborated with all relevant agencies such as NAFDAC, NDLEA, DSS, Department of Forestry and the Federal Produce Inspection Service. Exporters and their agents have continuously appraised the concept of joint examinations and how it helps reduce cargo clearance time,” he noted.

    He assured stakeholders that the Lilypond Export Command is now better positioned to deliver high-quality service and reaffirmed the service’s dedication to promoting effective trade practices and economic prosperity.

    Related News

    Rivers State to support enhanced maritime security

    Nigeria, IOM seek scalable climate-driven solutions to migration crisis

    ENL Terminal debunk reports alleging ship fire

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Tinubu wants Africa to shift from raw materials exports to industrialization

    June 24, 2025

    Italian regulator fines Eni & Novamont €32m for market abuse

    June 24, 2025

    Rivers Administrator endorses tech path for naval security

    June 24, 2025

    LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

    June 24, 2025

    Oil prices tumble following Trump touted Iran-Israel ceasefire

    June 24, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.