The Nigeria Customs Service (NCS), Apapa Area 1 Command, said yesterday that it collected N22 billion in June, up from the N19.8 billion it recorded in May.
The Public Relations Officer of the command, Mr Emmanuel Ekpa, in a statement released in Lagos, however, said that its June revenue did not meet the command’s monthly revenue target.
The statement said that the command had projected to make N39 billion monthly as revenue.
The Nigeria Customs Service (NCS), Apapa Area 1 Command, said yesterday that it collected N22 billion in June, up from the N19.8 billion it recorded in May.
The Public Relations Officer of the command, Mr Emmanuel Ekpa, in a statement released in Lagos, however, said that its June revenue did not meet the command’s monthly revenue target.
The statement said that the command had projected to make N39 billion monthly as revenue.
It, however, explained that the drop in the revenue generated in June was due to the continuing fall in the volume of importation.
“A breakdown of our June revenue will show that our Federation Revenues stood at N7.22 billion, while our Non-Federation Revenues was N11.35 billion.
“Our Negotiable Duty Credit Certificate (NDCC) stood at N3.20 billion, while we made N219. 51 million from the seven per cent levy on NDCC,“ the statement said.
The News Agency of Nigeria (NAN) reports that Federation Revenues consist of Common External Tariff (CET), Import duty, and some other fees.
Non-Federation Revenues include the five per cent VAT, seven per cent Port Levy, one per cent Comprehensive Import Supervision Scheme (CISS), and the five per cent Sugar Levy.
Other Non-Federation Revenue sources are the 0.5 per cent ECOWAS Trade Liberalisation Levy, wheat flour levy, wheat grain levy, 20 per cent rice levy, iron levy and 100 per cent cigarettes levy.
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