Uncover the central takeaways and core discussions of the post PH Area 1 Customs Revenue up by 10.6% as it rakes in over N57b in 7 Months in this article.
Disclosing this to newsmen Monday in Port Harcourt, the Rivers state capital, the Customs Area 1 Controller, Comptroller CD Wada said When compared to the corresponding period of 2022, which stood at Fifty One Billion, Eight Hundred and Sixty-Eight Million, Three hundred and Thirty-Four Thousand, Three hundred and Ten Naira, and Fifty One Kobo (₦51,868,334,310.51), there was a significant difference of Five Billion, Five Hundred and Thirty Seven Million, Five Hundred Thousand, One hundred and Ten Naira (₦5,537,500,110.00)which was realized.
He noted that apart from the month of April when the Maritime sector experienced a global shipping downtime, which affected the revenue of the Command’s records, every other month had surpassed its corresponding months of the year 2022, adding that the significant milestone was achieved in the month of March where the sum of Eleven Billion, Six Hundred and Seventy Five Million, Nine Hundred and Eighteen Thousand, Six Hundred and Thirty Seven Naira and Ninety Nine Kobo (₦11,675,918,637.99) was realized, as against Eight Billion, Three Hundred and Ten Million, Nine Hundred and Seventy Eight Thousand, Nine Hundred and Thirty Three Naira and Sixty Nine Kobo (₦8,310,978,933.69) of March 2022.
In the aspect of Anti-Smuggling activities, Comptroller Wada also disclosed that the Command had put more emphasis on the 100 per cent physical examination policy of the service, and as a result, some containers suspected to have falsely declared had been placed under detention, pending further investigation. Comptroller warned any would-be smuggler to avoid Area 1 Command, as according to him their containers would be seized and culprits arrested and prosecuted in the court of law.
I am very optimistic that with the Command’s strategy of maximizing the collection of Customs duties, other levies, and payment of all unpaid assessments, the Command will surpass the revenue collected in 2022 even as he said
According to him, the difference in these figures represents a 10.6 per cent increase in the revenue figure.
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