Scorecard: Tin Can Command Generates Over N574b Revenue
An Increase of 16.33% Over year 2021
The Customs Area Controller (CAC), Tin Can Island Port Command of the Nigeria Customs Service, NCS, Comptroller ’kunle Oloyede, has disclosed that his Command generated revenue of N574.3 billion for year 2022.
Addressing newsmen disclosed at a news conference at the Command in Lagos, Oloyede said the figure represented an increase of N80.90 billion or 16.39 percent when compared with N493.4 billion recorded in 2021.
According to the CAC “This performance could be attributed to renewed strategies and measures adopted to improve on the command’s revenue records. “The outcome we have witnessed is a result from the utilization of strategic measures such as periodic capacity building, reshuffling and redeployment of officers using the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis and implementation of the Vehicle Identification Number (VIN) valuation,” he said.
“At the Tin Can Command we uphold regular and continuous stakeholder engagement, collaborations with government agencies, importers/exporters and all stakeholders leading to timely intelligence sharing, prompt action and voluntary compliance to government’s extant laws by the trading public,” Oloyede said.
Oloyode explained that the efforts paid paid off as a total of 38 seizures with a Duty Paid Value (DPV) of N1.85 billion was made by the Command.
“The seizures made consist of 763kgs of Colorado (Cannabis Sativa) weighing 345.1kg with a street market value of N714.6 million only as given by the National Drug Law Enforcement Agency (NDLEA), 5 x 40 containers of used motor tyre (5,060 pieces), 150 bales of second-hand clothing, 1,190 cartons of 20 per cartons of potassium bromate and baking powder, 11,392 cartons of 1,200 per carton Pharmacol injection chloroquine phosphate 322.5mg.5ml (IV and IM), 206,000 pieces of finished machetes.
“Also, 1,383 cartons of 50 rolls per carton of cigarettes, 650 cartons of 50 pieces per carton of new ladies shoes, 2,666 pieces in 36 pallets of new starter Ex-Premium Inverter Battery, 1,980 cartons of assorted non-alcoholic beverages and 1,048 cartons of Tilda basmati rice,” the CAC said.
The CAC listed other seized items to include 2,594 pieces of ammunition and 20 pieces of arms comprising of one pistol with 611090 (S/W) model JCP 40mm, one used Co2 air pistol with accessories cal 117(4.5m)BM, one marksman repeater pistol, six Mace pepper gun and 10 suspected arms of various types.
He said that the seizures when compared with the 2021 record of 27 seizures with a Debit Note of N607.27, show an increase of 11 seizures and N1.24 billion in the year under review.
“These prohibited items were seized and forfeited to the Federal Government in line with the provision of Sections 46 and 161 of the Customs & Excise Management Act (CEMA) Cap 45 LFN 2004 and Absolute Prohibition List of CET 2022- 2026.
“The command pertinently acknowledges the prominent roles played by the Customs Intelligence Unit, Valuation Unit, Federal Operations Unit, CGC Strike Force as well as interventions of Sister Regulatory Agencies like the NDLEA, Standards Organization of Nigeria SON, the Nigeria Police and others in ensuring these seizures and detentions were made.
“We have a total of 60 suspects detained, some granted administrative bail while 8 cases are pending in courts,” he said.
Oloyede said the command recorded a significant increase in the Free On Board (FOB) of exports in the period under review to the tune of $589,696,648 (N242,365,322,333.00) as against the $496,075,796 (N141,985,109,159.00) recorded in 2021.
He attributed the increase of 34.4 percent on the FOB to high quality and value of exported commodities.
“However, the export report shows a decrease in tonnage of export from 1,723,986.8 in 2021 to 336,179.5 in 2022.
“The decrease in tonnage could be connected to current government fiscal policy which prohibited the export of wood and wood products as well as the global unrest with its concomitant economic challenges. The establishment of export processing terminals where exports are handled is a factor responsible for the slight decline noticed but this is not a loss as the NCS is one entity” Oloyode emphsized
According to the Tin Can CAC, commodities exported through the Tin Can command include cocoa beans, insecticides, dried ginger, empty bottles, soya beans, cashew nuts, cigarettes, rubbers, cocoa butter, frozen shrimps, copper ingots, aluminum ingots, sesame seeds and other manufactured items.
“Cocoa beans was the highest exported commodity while the legend stout was the least exported commodity. The future of export in the command is bright as the command in line with the headquarter circular on Export Standard Operating Procedure (SOP) released a Port Order on the Command’s harmonized SOP for the seamless facilitation of Export Trade in strict compliance with Extant Laws and guidelines on Export,”
Comptroller Oloyode extended his gratitude to stakeholders, government agencies and all those who made Customs operations easier at the Tin Can Command.
He appealed to them to continue the good work and not to let down their guards as another fiscal year unfolds.