Monday, 15 August 2011

Seme Border: Customs makes 306 seizures, nets N2.8bn

  • The Nigeria Customs Service (NCS), Seme Command, has recorded 306 seizures with a duty paid value (DPV) of 340,194,783.00 between January and June this year
  • Several seizures of narcotics valued at 405,900.00
  • The command was given an annual revenue target of 6 billion with a monthly average of 500 million this year and was only able to collect 2.75 billion instead of N3 billion for the first half of the year
  • The command got 349.19 Million in January; 389.82 Million in February; 639.99 Million in March; 303.96 Million in April; 437.46 Million in May; 640.23 Million in June
  • Revenue for the first half of the year characterised by massive imports. Duty on rice alone accounted for 20%; iron rod, sugar and cement accounted for 8%; general merchandise accounted for 41.16%. Duty on motor vehicles accounted for 31.84%.

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