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Revenue: NCS Oyo/Osun Command generates over ₦15billion in two months

By Ajibola Adedoye
In the face of the prevailing economic conditions, the Oyo/Osun Command of the Nigeria Customs Service (NCS) has collected the sum of ₦15,911,581,116.72 (Fifteen Billion, Nine Hundred and Eleven Million, Five Hundred and Eighty-One Thousand, One Hundred and Sixteen Naira Seventy-Two Kobo), within the months of October and November 2024.
Ben Oramalugo, Customs Area Controller of the Command who made this known on Friday, December 20, 2024 the revenue generation milestones represents an increase of 33.57% 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 Nineteen Kobo) collected in the same period of 2023.
According to him, “cumulatively, for the period covering January to November 2024, the Oyo/Osun Area Command generated total revenue of ₦72,568,409,802.02 (Seventy-Two Billion, Five Hundred and Sixty-Eight Million, Four Hundred and Nine Thousand, Eight Hundred and Two Naira, Two Kobo) representing a significant increase of 13.17% 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 in the same period of 2023”.
“This achievement is a testament to our officers’ diligence, enhanced enforcement of customs laws and improved trade facilitation measures.
“It is also worthy to note that by adopting modern trade facilitation tools and promoting transparency, the Command has strengthened compliance among excise stakeholders, ensuring that revenue leakages are effectively curtailed, as the revenue collected contributes significantly to national development and supports the Federal Government’s economic agenda” the CAC stressed.
In the area of anti-smuggling, the Command had successfully intercepted and substantially seized prohibited items with a Duty Paid Valued of ₦370,772,600:00 (Three Hundred and Seventy Million, Seven Hundred and Seventy-Two Thousand, Six Hundred Naira) showing the Command’s commitment to performing its statutory duties.
“The dangers posed by these smuggling activities cannot be overstated, as they not only compromise public health but also stifle the growth of local industries and deprive the government of much-needed revenue for infrastructure and development projects.
“These seizures were carried out in strict adherence to the provisions of the Nigeria Customs Service Act, 2023 and the ECOWAS Common External Tariff (CET). The legal provisions enshrined in these books of authority guide our activities, reinforce our mandate to protect national interests, uphold the law, and maintain the integrity of our borders.
“It is important to note that the enforcement of these seizures aligns with section 245 of the Nigeria Customs Service Act 2023, which highlights the provision for the seizure, detention and condemnation of prohibited goods, as well as Schedules 3 (Import Prohibition) and Schedule 4 (Absolute Prohibition) of the ECOWAS Common External Tariff (CET) that provides a list of prohibited items” Dr. Oramalugo stated.

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