The Nigeria Customs Service, Oyo/Osun Area Command’s Controller, Dr Ben Oramalugo, has stated that regardless of the prevailing economic conditions, the Command raked in ₦15,911,581,116.72 revenue in October and November 2024.
According to The PUNCH, Oramalugo made this disclosure on Friday at a press briefing held at the Command’s Operational Headquarters in Ibadan, the Oyo State capital.
He said the amount represented 33.57 per cent when compared to the sum of ₦11,912, 219,301.19 (Eleven billion, nine hundred and twelve million, two hundred and nineteen thousand, three hundred and one naira and nineteen kobo) collected as revenue in the same period of 2023.
Oramalugo said the Command had cumulatively generated ₦72,568,409,802.02 (Seventy-two billion, five hundred and sixty-eight million, four hundred and nine thousand, eight hundred and two naira and two Kobo) for the period covering January through November 2024.
According to him, the amount represented a significant increase of 13.17 per cent when compared to the sum of ₦64,118,678,267.69 (Sixty-four billion, one hundred and eighteen million, six hundred and seventy-eight thousand, two hundred and sixty-seven naira, sixty-nine Kobo), collected as revenue in the same period of 2023.
Oramalugo said the Command, by adopting modern trade facilitation tools and promoting transparency, had strengthened compliance among excise stakeholders, ensuring that revenue leakages are effectively curtailed, as according to him, the collected revenue contributes significantly to national development and supports the Federal Government’s economic agenda.
Giving a breakdown of the anti-smuggling achievements, Oramalugo said the Command seized 110 (50kg) bags of foreign parboiled rice with duty paid value (DPV) of ₦9,680,000.00; 4,000 packs of foreign Macaroni with DPV of ₦144,000,000.00; 377 (25-litre kegs totalling 9,425 litres) of Premium Motor Spirit with DPV of ₦7,464,600.00; 111 bales of second-hand clothing with DPV of ₦79, 920,000.00; 348 pieces of used tyres with DPV of ₦33,408,000.00.
