Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Customs generates N893.3m revenue

18 March 2013, 16:02

Lagos - The Lagos Industrial Command of the Nigeria Customs Service (NCS) on Monday said it generated N893.3 million as revenue in February.

The Comptroller of the command, Nkem Nzeribe, made this known in a statement issued in Lagos.

She said that N839.0 million was generated as revenue in the same period in 2012.

Nzeribe said that the command generated its revenue from the excise duty imposed on factories.

“We used to collect revenue from various commodities like milk, soap and beverages, but these items were de-excised. So, we stopped collecting duty from them.

“The only items on which we collect duty now are tobacco and alcoholic drinks.

“The de-excising of other goods was to protect the infant industries and allow their growth and development,” she said.

Nzeribe said that the revenue generated in January 2013 was N1.08 billion against N1.19 billion realised in January, 2012.

The comptroller said that the total revenue collected by the command in 2012 was N10.6 billion.


Tags ncs

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...