• News - South West - Ogun
  • Updated: December 12, 2023

Over N4bn generated by Ogun Customs in two months

Over N4bn generated by Ogun Customs in two months

A total sum of N4,627,054,451.69 has been generated between September and October 2023.

The revelation was made by the Ogun II Area Command of the Nigeria Customs Service.

The figure represents a significant 24.8% surge compared to the corresponding period last year.

The Customs Area Controller, Olusola Alade, disclosed this on Tuesday during a press conference held in Abeokuta, Ogun State capital.

Alade highlighted the commitment to the core mandates of improving revenue generation, facilitating trade, and protecting national economic security.

According to him, the command generated total revenue of four billion, six hundred and twenty-seven million, fifty-four thousand four hundred and fifty-one naira, sixty-nine Kobo (N4,627,054,451.69) in September and October 2023, which is 24.8 per cent higher than what the command generated in the corresponding period last year, adding that the November revenue is just dropping into the Federation account and it is now being collated.

“During the period under review, we deployed sustained intelligence reconnaissance, effective monitoring and robust stakeholders’ engagement in our operations."

He said that the continuous deployment of intelligence in operations has equally led to the discovery of four unregistered factories which are now under different stages of registration.

“Our activities in the free trade zones have improved and these have yielded greater success which is evident in our monthly revenue collections.

“The command will continue to put in place necessary measures to improve on the collections with adequate support from other units of the service such as the CIU and Customs police.

“We shall maintain success through synergy. We will continue to dialogue, engage, and sensitize the local and business communities while discharging our statutory responsibilities of enforcing compliance with government fiscal policies.”

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