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 » Despite downturn, Apapa Customs rakes in over N1trn in six months

    Despite downturn, Apapa Customs rakes in over N1trn in six months

    July 8, 2024
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Comptroller Babatunde Olomu.

    Vincent Toritseju

    Lagos — Despite a drop in cargo throughput, the Apapa Command of the Nigeria Customs Service yesterday said that it collected N1,023 trillon for the first half of the year spanning January to June 2024.

    Disclosing this to newsmen in Lagos, the Area Controller in charge of the command, Comptroller Babatunde Olomu said that the command equally made seizures of eleven containers comprising of prohibited items such as expired and unregistered pharmaceuticals, footwear, used clothing, armored cables, frozen poultry products with a Duty Paid Value of N424,105,975.00 as against 42 seizures with a DPV of N1.4 billion made in the corresponding period in 2023.

    Compt Olomu said “Whereas this collection is coming despite a sharp reduction in the volume of trade, it is necessary to note that extra measures have been put in place to prevent losses of government revenue.

    “Upon taking over as Area Controller of Apapa, I set up a revenue recovery committee comprising of seasoned and dedicated officers with a mandate to carry a out more detailed look into areas of leakages, especially in bonded terminals under Apapa Command.

    We are applying a blend of intelligence with community relations for better awareness of our operating environment to achieve greater trade facilitation and fight criminality.

    I want to use this medium to register our utmost appreciation to the Comptroller

    General of Customs, Bashir Adewale Adeniyi MFR dsm psc (+) and the entire Management team for providing us with the needed support and leadership in discharging our responsibilities.

    Finally, I want to thank officers and men of the command for their resilience, our stakeholders for their support and urge that we continually work together to achieve a better second half for 2024. The contributions of our compliant importers, exporters, licensed customs agents, freight forwarders, members of the media and all other esteemed stakeholders is not going unnoticed. I commend you all.” Olomu concluded.

    Related News

    Heads of Marine and Blue Economy agencies sign 2025 Performance Bonds with Oyetola

    Customs intercept explosives concealed in Quran at Seme border

    NIMASA confirms single digit interest rate on CVFF disbursement

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Gold faces weekly loss as trade optimism reduces safe-haven demand

    May 16, 2025

    Renaissance surpasses oil output target by 40% in first month

    May 16, 2025

    Ogbuku okays legal drive to tackle Niger Delta challenges

    May 16, 2025

    President Tinubu charts a new course for Nigeria’s tax system

    May 16, 2025

    Indorama sets gold standard for privatisation as veteran spokesman bows out

    May 16, 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.