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Customs generates N50 billion revenue

17 April 2013, 16:33

Lagos- The Tin Can Island Port Command of Nigeria Customs Service (NCS) on Wednesday said it generated N50 billion revenue in the first quarter of 2013.

Chris Osunkwo, its Public Relations Officer, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos.

He said that the revenue was lower than the amount generated in same period last year by N2 billion.

According to him, the decrease was caused by the slow pace of business at the beginning of 2013, adding that business had just picked up in March.

“Naturally, at the beginning of the year, international traders are sceptical because of the uncertainties about the budget, but we collected higher revenue in March.

``We generated N17.5 billion in March against the N16 .3 billion and N16.2 generated in January and February, respectively.

“I am sure things will gradually pick up,’’ he said.

Osunkwo said that the command also made seizures valued at N240 million in the first quarter of 2013, adding that 77 containers and a vehicle were seized during the period.

He said that the containers had such items as tissue paper, furniture, soap, vegetable oil, soft drinks, used clothes, generators and used tyres.

``Other seized items include lace materials, television stands, automotive batteries, mosquito coil and frozen fish," he said.


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