The Nigeria Customs Service, Seme border Chapter, generated about N9.6 billion as revenue in in 2014, following concentrated efforts in keeping tabs on the entry and exit of goods at the border.
The revenue, which was generated between January to December 2014 was contained in a statement signed by the Command’s Public Relations Officer, Ernest Olottah.
The statement revealed that the revenue was a 9.12 per cent increase over the 8.4 billion the command collected in 2013.
Ollotah, who gave an insight into the leap in the revenue earning of the command compared to what it earned in 2013, explained that it was due to the improvement in earnings from the vehicle import transit (VIT) regime.
He said in part: “In 2014, the Vehicle Import Transit regime was introduced by the Comptroller General of the Nigeria Customs Service and this boosted the revenue of the command. We are sure that we will surpass our N13 billion target for this year because we have been brainstorming to identify and block all perceived sources of revenue leakages.”
In addition, the statement revealed that the command made 686 seizures with a duty paid value (DPV) of N294.3 million 2014. However, the figure is lower than the 1,102 seizures made in 2013.
