We generates Over ₦82billion in 2024; ₦7.8billion in January 2025 – CAC Oyo/Osun Command

The Oyo/Osun Command of the Nigeria Customs Service has successfully generated a total sum of ₦82,193,426,334.10k (Eighty-Two billion, One hundred and ninety-three million, Four hundred and twenty-six thousand, Three hundred Thirty-Four-naira, Ten kobo) for the Federal Government. The amount collected is 15.3% higher than the amount collected in fiscal year 2023 which was ₦71,292,530,398.17k (Seventy-One billion, Two hundred and ninety-two million, Five hundred and thirty thousand, Three hundred- and Ninety-Eight-naira, seventeen kobo).

The Customs Area Controller, Dr. Ben Oramalugo, who made this declaration on Wednesday, February 5  2025 while giving the scorecard of the Commamd for the period January to December 2024, said this feat was achieved despite the severe economic obstacles encountered, yet the total revenue received in 2024 is the largest since the inception of the Command.

In his words: “This achievement in all modesty represents the hard work and dedication of the officers and men under my leadership, as well as our strong collaboration with stakeholders in the business community, in-depth strategic enforcement and improved compliance”.

Similarly, the CAC announced the sum of ₦7,804,408,776:88k (Seven billion, Eight hundred and four million, Four hundred and eight thousand, Seven hundred and Seventy-Six Naira, Eighty-Eight Kobo) as the total revenue generated in the month of

January, 2025 alone.

“The sum collected signifies a 10.1% and 14.3% when compared to the sums of ₦7,088,191,138:30k (Seven billion, Eighty-eight million, One hundred and ninety-one thousand, One hundred and thirty-eight naira, thirty kobo) ₦6,824,954,338:96k (Six billion, Eight hundred and Twenty-four million, Nine hundred and fifty-four thousand, Three hundred- and thirty-eight-naira, ninety-six kobo) collected in the year 2023 and 2024 respectively.

Dr. Oramalugo who confirmed that he had been posted to another Command said “I would like to point out that the revenue milestone was achieved with the successful implementation of many strategic initiatives aimed at increasing compliance and streamlining our procedures. The Command was able to reduce delays, boost efficiency, and facilitate trade while collecting proper duties by utilizing technology such as the Nigeria Integrated Customs Information System (NICIS II) and taking a proactive approach in addressing legitimate traders’ problems.”

Through sustained efforts, the Oyo/Osun Command was able to achieved tremendous progress in countering unlawful activities that endanger Nigeria’s security and impede the growth of our local industry. Due to the interceptions and seizures of uncustomed commodities valued at ₦5,377,759,260:00k (Five billion, three hundred and seventy-seven million, seven hundred and fifty-nine thousand, two hundred and sixty naira only) in duty-paid value, the Command’s score card for anti-smuggling efforts in 2024 is likewise of massive proportions. In comparison to the duty paid value of ₦451,479,759:00k (Four hundred and fifty-one million, four hundred and seventy-nine thousand, seven hundred and fifty-nine naira only) intercepted and confiscated in 2023, the duty paid value for 2024 represents a 1,091.14% increase.9. Between December 20th, 2024 to January 31st, 2025, the Command intercepted and seized smuggled goods with a duty paid value ₦202,784,000.00k. (Two hundred and two million, Seven hundred and eighty-four thousand naira only).

“As we carried out these anti-smuggling operations, we also remained focused on protecting the interests of local manufacturers and industries. Our efforts ensured that cheaper, substandard, and harmful goods were kept out of our markets, thereby giving local producers an opportunity to thrive and ensuring the health and safety of our citizens.

Additionally, we took significant steps to engage with local communities, raising awareness about the dangers of smuggling and its negative impact on national development. Through these outreach programs, we were able to foster stronger collaboration between the Nigeria Customs Service and the general public, which is crucial for achieving long-term success in the suppression of smuggling within the Command’s Area of Responsibility” the CAC stated.