The Tin Can Island Port Command of Nigeria Customs Service generated over N260 billion in the first six months of 2023, in addition to an impressive revenue drive from non-oil export, resulting in an increasing 291,436.43 Metric tonnes (MT) throughput Free On Board (FOB).
The Customs Area Controller, Tin Can Island Command, Comptroller Adekunle Oloyede confirmed this in a statement on Thursday, saying that in terms of volume (MT) and value (FOB), the export trade recorded an exponential growth within the period under review.
Comparatively, according to him, between January to June 2023, the tonnage of the goods exported through Tin Can Island Port Complex (TCIPC) increased from 138,246.5 (MT) to 291,436.43 (MT); representing an increase of 110.8% over the previous year under review.
The Area Controller similarly, noted that there was an increase in the FOB value of the year’s exports, noting that the FOB increased from N110,447,250,811 in the first half of 2022 to N182,333,764,943 in the first half of 2023, representing an increase of 65%.
He stated that an increase in commodities exported from the command essentially includes agricultural and other allied products namely; Cocoa Butter, Cocoa Beans, Cashew Nuts, Sesame Seeds, Rubber, Empty bottles, and copper ingots.
He explained that within the period under review, the Command participated in several symposiums to sensitize on non-oil export.
The Command participated in the CBN RT200fx where a lot of benefits to export trade were highlighted.
*Comptroller Adekunle Oloyede Controller, Tin Can Area Customs Command
Highlighting revenue collected within the period under review, Comptroller Oloyede added that: “The Command recorded a total collection of N260,256,942,120.69 in the first half of the year, presently under review.
“The first half collection in 2023 runs at a variation with the first half of 2022 with a total collection of N274,320,715,178.78 on a difference of N14,063,773,058.09.
Monthly further breaking of the revenue collection within the period, the Customs boss explained that”The sum of N42,536,336,038.11 was collected in the month of January 2023.
“A total collection of N41,518,738,649.09 was collected in the month of February 2023.
“In the month of March 2023, the Command recorded a total collection of N42,803,114,544.11.
“While in the months of April, May, and June, the revenue recorded is N36,511,681,057.09; N46,485,639,728.79 and N50,401,432,103.50 respectively.
He added that “It is imperative and worthy of note to mention the critical roles played by the Customs Intelligence Unit, the Valuation Unit, Customs Police Unit, and Post Clearance Audit for their sustained interventions which translated to the blockage of revenue leakages by enhanced compliance towards the attainment of the revenue drive.
On the Command’s enforcement crusade, Comptroller Oloyede stated that “Tin Can Island Command’s Anti-smuggling drive yielded remarkable successes in the first half of 2023.
Being the lead agency at the Port, the Enforcement Unit coordinated several anti-smuggling activities in synergy with other critical stakeholders in the trade value chain.
“The synergy led to the arrest of a total of 1442 Packets of Colorado Indica with a combined weight of 519.45kg extracted during 100% joint physical examination of eight (8) containers.
“The total street value according to NDLEA sources is N721,000,000.00.
The means of conveyance in these cases, with the substance and two (2) suspects were handed over to NDLEA in strict compliance with the Service Headquarters’ directive.
Comptroller Oloyede stated that the command has zero tolerance for the importation of unwholesome goods such as drugs, arms, and ammunition adding that the mandate from the Service as well as the protection of the Nigeria Society is the driving force.
“We have continually put in proactive measures aimed at keeping our frontiers free from illicit and illegitimate trade,” he noted.
Meanwhile, the Area Controller also heartily congratulated the Service for a smooth transition that occurred recently and sincerely appreciated the Comptroller-General of Customs Bashir Adewale Adeniyi MFR and his management team for all the support the command has been enjoying from the headquarters.