Tuesday, 9 December 2014

How Customs made N950b in 11 months, by comptroller




The Nigeria Customs Service generated N950.1 billion between January and November.
The Comptroller, Apapa Area Command, Charles Edike, who  gave the figure at the inauguration of the Executive Council of the Maritime Reporters’ Association of Nigeria (MARAN) at Apapa, Lagos,said it is a 23. 4 percent increase on Lagos, last year’s figure of N769.3 billion.

He said Customs saved N36.9 billion from the one  percent Comprehensive Import Supervision Scheme (CISS) charges on import hitherto paid to service providers since it took over the Destination Inspection Scheme last December.
On the impact of the Pre Arrival Assessment Report (PAAR) on the economy, Edike said Customs has overcome the challenges, receiving 201,330 requests for PAAR. Of the figure, 188,424  have been released and 108,169  uplifted with a total Cost Insurance and Freight (CIF) of N5.6 trillion.
He  said  the new clearance procedure has not only increased  the revenue profile of the Service but   helped in reducing cost and time of clearance of goods at the ports.

Edike said the Service has gained the recognition of the World Customs Organisation because of the successes it recorded since the introduction of PAAR, thus, according it a model organisation status among Customs administrations.

source:The Nation

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