Nigeria Customs Service Announces Apapa Area Command’s Record Daily Revenue Generation of N4.8 Billion

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Nigeria Customs Service Says Apapa Area Command Generates A Record N4.8 Billion Daily

The Nigeria Customs Service (NCS) has disclosed that its Apapa Area Command, under the leadership of Comptroller Babajide Jaiyeoba, achieved a remarkable feat by generating N198,802,021 (approximately N199 million) every hour and an impressive N4,771,248,513 (N4.7 billion) on a daily basis.

This revelation was shared through an official tweet from the agency’s handle, highlighting the significant contribution of the Apapa Area Command to the Customs Service’s revenue stream:

“Did you know that within the Nigeria Customs Service, the Apapa Area Command alone generates an average of N198,802,021 per hour and N4,771,248,513 daily?”

In another tweet, the agency disclosed that the Oyo/Osun Command leads in the collection of excise duty revenue:

“Do you know that the Nigeria Customs Service, Oyo/Osun Command, holds the top position in excise duty revenue collection?”

In a statement issued on Friday, the Customs Controller for Oyo/Osun, Ben Oramalugo, revealed that the command achieved a revenue generation of N5.6 billion for the month of February alone:

“Between February 1, 2024, and February 27, 2024, the Oyo/Osun Area Command recorded a revenue collection totaling N5,664,295,751.15. When combined with the N6,824,954,338.96 collected in January 2024, the cumulative revenue for the fiscal year of 2024 amounts to N12,489,250,090.11.”

This achievement underscores the Customs Service’s commitment to meeting its revenue targets for the year 2024. It is noteworthy that the Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, had previously expressed confidence in surpassing the revenue target of N5.079 trillion set for 2024.

This target represents a significant increase of 27.75 percent compared to the previous year’s revenue goal, as he emphasized during the defense of the 2024 budget, totaling N706.43 billion.

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