Oyo/Osun Customs Recover Over N56bn Amidst Smuggling Crackdown

2 hours ago 7

Shell

IBADAN – The Oyo/Osun Area Command of the Nigeria Customs Service has disclosed the recovery of over N56 billion in revenue while inten­sifying its efforts against smug­gling activities between August 30 and October 29, 2024.

Similarly, the command fur­ther said, it has successfully in­tercepted contraband goods val­ued at more than N755 million, highlighting its commitment to combat illegal trade in the areas.

The Area Controller, Dr. Ben Oramalugo, disclosed this in Ibadan on Wednesday, while brief­ing newsmen on the command’s achievements during this period.

He noted, “In the face of cur­rent economic conditions, we have intensified our efforts to ensure that every kobo due to the govern­ment is collected by the law.”

“For the third quarter of 2024, the Command reported a remarkable revenue generation of N23,974,543,014.49, marking a 27.5% increase compared to N17,377,387,591.90 in the same pe­riod of 2023.”

“This growth underscores our commitment to efficient revenue collection through improved com­pliance, enforcement, and moni­toring,” Dr. Oramalugo added, emphasizing the importance of accountability in public service.”

“Cumulatively, from Jan­uary to September 2024, the Command generated a total of N56,656,828,685.30, reflect­ing a 7.85% increase from N52,206,458,966.50 in the corre­sponding timeframe of the pre­vious year.”

“Despite the financial strains affecting businesses and citizens, our success in revenue collection is a testament to our strategies and hard work,” he noted, recog­nising the contributions of his team.”  

Source

News Videos