✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

‘Customs recovered N1.7bn duty in 2020’

The Federal Operations Unit (FOU), Zone A, of the Nigeria Customs Service said it recovered N1.752 billion from shortfalls on duty payment from some importers in 2020.

It said the amount was recovered from the diversion and undervalued imported consignments both at the seaports and the land borders

The Acting Controller of the Unit, Deputy Comptroller Usman Yahaya, during a briefing at the headquarters in Lagos, said the revenue, which would have been lost, was recovered through the issuance of Demand Notices (DN) after interceptions and documentations were made.

SPONSOR AD

Yahaya said, “In the course of the Unit’s operations between January-December 2020, we had recovered the sum of N1.752bn as revenue by identifying shortfalls on duty payments.”

He said goods were also seized during the period. They include 31,129 of 50kg bags of foreign rice, 11,290 cartons of foreign poultry products, 3,562kg of Indian hemp, and 9,801 kegs of 25 litres of vegetable oil.

The others are 560 used vehicles, 24,612 used tyres with Duty Paid Value (DPV) of N20.9bn.

Yahaya also said no consignment on transit would be unjustifiably delayed at the ports or land borders as long as it complies with the extant guidelines on the procedure for import and export clearance.

“We are totally committed to the course of facilitating legitimate trade”.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.