…as mid-year revenue hits N1tr

By ESTHER OLUKU

The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ibrahim Ali (Rtd) has said that following the provisions of the Customs and Excise Management Act (CEMA), the Service would begin to sanction private aircraft owners who breached the temporary importation agreement, failing to pay duty/taxes.

The Service which had called on aircraft owners to verify the status of their crafts and update them between June 7 and July 6, 2021, said that only 58 private aircrafts have been verified.

According to him, those in default have indicated interest to pay their outstanding fees while others have begun making appropriate declarations.

Following the poor level of compliance with the exercise, the CGC extended the verification period by 14 days from July 7 to July 20, 2021, adding that by the end of the period, the Service would sanction defaulters.

“The Service will not hesitate to invoke appropriate sanctions as contained in the Customs and Excise Management Act (CEMA) Cap C45 LFN 2004 as amended against any Private Aircraft Owner that fails to take advantage of this period to verify his or her Aircraft”, Alli said.

In the same development, the Service announced a 40% rise in its mid-year revenue put at one trillion, three billion, seven hundred and fifty-two million, nine hundred and fifty-one thousand, seven hundred and thirty-five naira, fifty-five kobo (N1,003,752,951,735.55) as at June 2021.

A press statement signed by the Service’s Public Relations Officer, DC Joseph Attah, described the rise in revenue as unprecedented in the history of the Service.

Attah noted that the amount posted posed a positive difference of two hundred and ninety billion, two hundred and four million, five hundred and fifty-five thousand, nine hundred Naira, sixty-two Kobo (N290,204,555,900.62) against last year’s (2020) mid-year revenue which stood at seven hundred and thirteen billion, five hundred and forty-eight million, three hundred and ninety-five thousand, eight hundred and thirty-four Naira, ninety-three Kobo. (N713,548,395,834.93).

Attah attributed the rise in revenue to the readiness of the service to work in line with best practices and adapt to reformation occasioned by COVID-19.

“Hitting the trillion-Naira mark within six months is unprecedented in the Service. This feat is a result of the resolute pursuit of what is right and willingness to adapt to changes brought about by global health challenges occasioned by covid-19.

“The Service revenue profile continues to be on the increase due to ongoing reforms that exploit the potentials of technology.”

He added that with the adoption and recommendations of the tripartite meeting of the Customs Administrations of Nigeria, Benin, and Niger, sharing of security intelligence has been upgraded to deal with the challenges of cross-border crimes.

The Service also confiscated 2,333 assorted cargoes comprising of items like arms and ammunition, illicit drugs, rice, vegetable oil with Duty Paid Value of N4,422,548,980.00.

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