Oluyinka Onigbinde
The Tin Can Island Port command of the Nigeria Customs Service (NCS) said it has collected N493,754,017,176.81 as revenue in 2021.
The Command, according to its 2021 annual report issued in Lagos on Tuesday said the figure exceeded the 2021 Federal Government revenue target of =N=350,064,600,000.00. by =N=143billion (or 41.05%).
He said the figure also indicates an improvement in revenue by =N=107,991,549,315.00 (28%) from =N=385,762,467,861.35 revenue generated in FY2020.
The Customs Comptroller also informed that with the successful implementation of a Standard Operational Procedure (SOP) on barge movement, 36,496 containers were transported form Tincan Island Port Command through the waterways by barge to Bonded Terminals and Free Trade Zone.
He also noted that in the year under review, a total of 30,441 containers were transferred under the fast track procedure, while 58, 234 containers and vehicles were approved for transit from the ‘mother port’ to bonded terminals.
According to him”, the Command’s revenue collection for the year 2021 amounted to =N=493,754,017,176.81 which exceeded the 2021 Federal Government (FG) revenue target of =N=350,064,600,000.00. by =N=143billion (41.05%). This figure also indicates an improvement in revenue by =N=107,991,549,315.00 (28%) from =N=385,762,467,861.35 revenue generated in FY2020.
“In the area of trade facilitation, a new terminal, Classic III Bonded Terminal was opened under Tincan Island Command improving the cargo throughput and revenue collection of the Command. . In the year under review, a total of 30,441 containers were transferred under the fast track , 58, 234 containers and vehicles were approved for transit from the Mother Port to Bonded Terminals. With the successful implementation of a Standard Operational Procedure (S.O.P.) on barge movement, 36,496 containers were transported form Tincan Island Port Command through the waterways by barge to Bonded Terminals and Free Trade Zone.
“Additionally, rating of the compliance monitoring activities show that compliance levels improved significantly. Out of 166,903 SGDs registered in 2021, there were 2,484(1.5%) interventions. This shows an enhanced compliance rating of about 63.4% and an improvement from the 2019 compliance rating of 15,295 (9.4%) out of 162,110 SGDs registered”.
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In the area of enforcement/anti-smuggling , the Command said that collaboration with NDLEA, resulted to a seizure of cocaine with a net weight of 43.110kg concealed in 40 bags of raw sugar packaged in bulk aboard the vessel MV SPAR SCORPIO.
He said 20 suspects and the vessel were detained in connection with the seizure; he however said the Command was directed to handover the casefile, vessel and suspects to National Drug Law Enforcement Agency according to SOP.
The command also said seizure was also made of two automatic rifles with 164 rounds of live ammunition which were intercepted in a 1x40ft container MEDU 49022/5 and have since been handed over to the DSS. Additionally, a total of 151 containers made of 149 (40ft), 2 (20ft) and nine uncontainerized cargo were intercepted and seized by the enforcement team with a total Duty Payable Value (DPV) of =N=607,348,617.00.
In terms of Export, the total of tonnage of goods exported through Tincan island Port for the year under review is “One Million, Seven Hundred and Twenty Three Thousand, Nine Hundred and Eighty-Six Metric Tonnes (1,725,987.02MT) with a total F.O.B. value of One Hundred and Forty-One Billion, Nine Hundred and Eighty-Five Million, One Hundred and Nine Thousand, One Hundred and Fifty-Nine Naira Only (=N=141,985,109,159.00)”, the statement reads.
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