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Home » Apapa Customs Generates N19.66bn Revenue in August

Apapa Customs Generates N19.66bn Revenue in August

by Joshua
October 7, 2012
in Uncategorized

The Apapa Area 1 Command of Nigeria Customs Service on Friday said it generated N19.66 billion revenue in September, down from N23.42 billion recorded in August.
A statement issued in Lagos by Mr Emmanuel Ekpa, the spokesman of the Command, said that the amount generated in September was low due to lower imports.
The statement said that the Federation revenue was N10.89 billion, while the Non-Federation revenue was N7.92 billion.

The Apapa Area 1 Command of Nigeria Customs Service on Friday said it generated N19.66 billion revenue in September, down from N23.42 billion recorded in August.
A statement issued in Lagos by Mr Emmanuel Ekpa, the spokesman of the Command, said that the amount generated in September was low due to lower imports.
The statement said that the Federation revenue was N10.89 billion, while the Non-Federation revenue was N7.92 billion.
It explained that the Federation revenue comprised import duty of N9.09 billion, fees and others N4.24 million, while the Common External Tariffs fetched N1.79 billion.
The statement said that Non-Federation revenue consisted of five per cent Value Added Tax of N4.15 billion, seven per cent Port Levy of N696.2 million, one per cent Comprehensive Import Supervision Scheme of N1.22 billion.
Other components of the Non-Federation revenue are the 0.5 per cent ECOWAS Trade Liberation Scheme of N666.4 million, five per cent Sugar Levy of N1, 513, 20 per cent, Rice Levy of N1.19 billion and Iron Levy of N458, 553.
It said that the sum of N853.74 million was realised from Negotiable Duty Credit Certificate issued to exporters.
 Ekpa said that the problem in some parts of the north caused the decline in importation of goods into the country.
“You are aware that our revenue depends on the rate of imports.
“The importers cannot move their goods to the North because of the disturbances there.
“They have not yet been able to move the goods they imported,’’ Ekpa said.
 
 


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