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  • News - South West - Osun
  • Updated: November 10, 2023

Oyo/Osun Customs rakes in N11.6bn revenue in two months

Oyo/Osun Customs rakes in N11.6bn revenue in two months

The newly deployed Comptroller of Nigeria Customs Service for Oyo/Osun Area Command Ibadan, Comptroller Ben Oramalugo has declared the sum of Eleven Billion, Six Hundred and Seventy-Nine Million, Seven Hundred and Thirty-Two Thousand, Five Hundred and Eighty-Three Naira, Ninety One Kobo (₦11,679,732,583.91k) as revenue collected within the command between the month of September and October 2023.

In his maiden press briefing at the command headquarters in Ibadan, the Capital City of Oyo state on Friday, Ben Oramalugo stressed that since my assumption of duty on September 18, 2023, several laudable achievements have been accomplished and aimed at enhancing trade facilitation, and revenue generation and suppression of smuggled, and prohibited items within the Command’s Area of Responsibility.

“During the period covering September to October 2023, the Command through its rigorous enforcement measures and strategic initiatives has contributed to the economic growth of the Nation by collecting the Sum of ₦11,679,732,583.91k (Eleven Billion, Six Hundred and Seventy-Nine Million, Seven Hundred and Thirty-Two Thousand, Five Hundred and Eighty-Three Naira, Ninety-One Kobo) as revenue into the coffers of the Federal Government", he said.

The Comptroller also noted that when added to the revenue collected for the period covering January to August 2023, the Command has collected a Sum of ₦59,087,983,670.64k (Fifty Nine Billion, and Eighty-Seven Million, Nine Hundred and Eighty-Three Thousand, Six Hundred and Seventy Naira, Sixty Four Kobo).

He said, “This feat is made possible by our resolve to continue to prioritize trade facilitation, religiously enforce provisions of our extant laws aimed at facilitating legitimate trade, implementation of various measures to simplify Customs processes, reducing bureaucracy within the system with the aim of promoting legitimate trade and foster a conducive business environment for Excise traders operating within the Command’s Area of Responsibility.”

While speaking on anti-smuggling operations of the command under his watch, Comptroller Ben said, “During the period under review, the Command with the use of intelligence and continuous patrol operations has made a series of interceptions comprising 1,248 (50kg) bags of Rice with duty paid value worth N27,456,000.00, 425 kegs of 25 litres of petroleum (PMS) with duty paid value worth N2,125,000.00, Used Clothing and Used Bags, 24 Bales of used Clothing worth duty paid value of N4,320,000.00, N180,000.00 respectively, 492 pieces of Used tyres with duty paid value of N2,952,000.00, 64 sacks and 150 wraps of cannabis sativa (weighing 777.5kg) with duty paid value of 14,138,460.00 and One (01) Dane Gun 9,000.00, all totalling at N51,180,460.00.”

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