The Oyo/Osun Area Command of the Nigeria Customs Service, NCS, has raked in N14.59 billion in 2015, as it intensifies effort to expand revenue base.
The Customs Area Controller, Comptroller Tope Ogunkua, revealed this on Monday, February 7 in Ibadan when the Customs Zonal Coordinator, Zone ‘A’, Mr Eporwei Edike, visited the command’s headquarters in Ibadan.
Ogunkua, who assumed duty on Jan.11, 2016, said that what was generated in 2015 fell short of the revenue target of N21.83 billion set for the command.
The News Agency of Nigeria (NAN) quotes Ogunkua as saying that the command generated N15.20 billion in 2014.
The controller attributed the shortfall in revenue to election period, exchange rate and 41 items restricted from foreign exchange transaction by the Central Bank of Nigeria (CBN) in 2015.
NAN reports that the command generated N932.86 million in January 2016.
“Our command is basically more of enforcement than seizures. All officers of the command are focused; which gives me an assurance that we will meet up our expectations.”
“We made giant strides in the area of duty payment on second-hand vehicles as a result of aggressive enlightenment campaign organised by the management of the service, ‘’ NAN quotes Ogunkua as saying.
He said that in 2015, the command intercepted 2,786 vehicles with a Duty Paid Value (DPV) of N294.36 million, adding that it also seized 1,625 vehicles in 2014 with a DPV of N163.64 million.
