2022 Report: Tin Can Customs Records N574.3bn Revenue, FOB Exports Increase
TIN CAN CUSTOMS COMPTROLLER OLOYEDE
By Our Reporter
The Tin Can Island Command of the Nigeria Customs Service (NCS) at the weekend released its revenue figure of N574.3bn for 2022.
This was announced by the Customs Area Controller (CAC), Comptroller Olakunle Oloyede who said the figure from January to December was N80.90bn or 16.39 percent higher when compared with N493.4 billion in 2021.
Oloyede disclosed that the command witnessed increase in the Free On Board (FOB) of exports last year as against the figure for 2021.
For instance , he said the Command recorded $589,696,648 (N242,365,322,333.00) last year as against the sum of $496,075,796 (N141,985,109,159.00) in 2021.
On the exports, he explained that the increase of 34.4 percent on the FOB was due to high quality and value of the commodities.
But he added that the export report shows a decrease in tonnage of export from 1,723,986.8 in 2021 to 336,179.5 in 2022.
He further explained, “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.”
“Cocoa beans was the highest exported commodity while the legend stout was the least exported commodity.
“The future of export in the command looks brighter as the command in line with the headquarter circular on Export Standard Operating Procedure (SOP) released a Port Order on the Command’s harmonised SOP for the seamless facilitation of Export Trade in strict compliance with Extant Laws and guidelines on Export,”
On seizures, he said the Command recorded 38 seizures worth N1.85bn.
He added, “These seizures comprise 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).
“Also among seized items are: 1,150 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 matchets.
“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,”
Other seizures by the Command were 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.
The Command also said there were other 10 suspected arms of various types.
According to him, a total of 60 suspects were detained in 2022 and were granted administrative bail while the command has 8 cases pending in court.
The Tin Can Island Command of the Nigeria Customs Service (NCS) at the weekend released its revenue figure of N574.3bn for 2022.
This was announced by the Customs Area Controller (CAC), Comptroller Olakunle Oloyede who said the figure from January to December was N80.90bn or 16.39 percent higher when compared with N493.4 billion in 2021.
Oloyede disclosed that the command witnessed increase in the Free On Board (FOB) of exports last year as against the figure for 2021.
For instance , he said the Command recorded $589,696,648 (N242,365,322,333.00) last year as against the sum of $496,075,796 (N141,985,109,159.00) in 2021.
On the exports, he explained that the increase of 34.4 percent on the FOB was due to high quality and value of the commodities.
But he added that the export report shows a decrease in tonnage of export from 1,723,986.8 in 2021 to 336,179.5 in 2022.
He further explained, “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.”
“Cocoa beans was the highest exported commodity while the legend stout was the least exported commodity.
“The future of export in the command looks brighter as the command in line with the headquarter circular on Export Standard Operating Procedure (SOP) released a Port Order on the Command’s harmonised SOP for the seamless facilitation of Export Trade in strict compliance with Extant Laws and guidelines on Export,”
On seizures, he said the Command recorded 38 seizures worth N1.85bn.
He added, “These seizures comprise 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).
“Also among seized items are: 1,150 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 matchets.
“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,”
Other seizures by the Command were 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.
The Command also said there were other 10 suspected arms of various types.
According to him, a total of 60 suspects were detained in 2022 and were granted administrative bail while the command has 8 cases pending in court.
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