Home » Ogun Customs generates N12.8b revenue in six months

Ogun Customs generates N12.8b revenue in six months

by John Ojewale
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Between January and June 2024, the Nigeria Customs Service (NCS) in Ogun state recorded N12.830 billion in income to the federal government, according to the Ogun II Area Command.

Compared to the N8.5 billion earned over the same period the previous year, this indicates a 51 per cent rise.

At a press briefing on the command’s scorecard held in Abeokuta on Friday, Area Comptroller Bisi Alade made this declaration.

Alade stated that the accomplishment demonstrates the command’s thoroughness, expertise, and dedication to the expansion of the American economy.

He clarified that, with N3.486 billion collected in April, N2.801 billion in May, and N3.664 billion in June, the free trade zones’ operations had greatly improved over the previous three months.

He said:

“Revenue Generation. Permit me at this juncture to report that the Command generated, The sum of twelve billion, eight hundred and thirty million. four hundred and ninety-three thousand, six hundred and thirty-naira, six kobo (N12,830,493,630.06) as revenue for the period under review.

“This can be Compared to eight billion, five hundred and five million, thirty-eight thousand, eight hundred and eighteen-naira, thirty kobo (N8,505,038,818.30) generated in the corresponding period of last year, 2023. There is therefore a differential of (N4,326,454,811.76) which is a significant improved by 51%.

“Our activities in the free trade zones have improved and these brought greater success which is evident in our monthly revenue collections from April to June. In April we raked in three billion, four hundred and eighty-six million, nine hundred and sixty-one thousand, one hundred eighty-six-naira,million, nine hundred and sixty-one thousand, one hundred eighty-six-naira, seventy-one kobo (N 3,486,961,186.71)

“In May we made two billion, eight hundred and one million, eight hundred and thirty-three thousand, seven hundred and forty kobo. (N2,801,833,739.40) while in June our revenue collection leaped to three billion, six hundred and sixty-four million, seven hundred and seventy-six thousand, four hundred and ninety-nine-naira, seven kobo (N3,664,776,499.07).”

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cc: Daily Post Ng

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