Oyo/Osun Customs Command Declares N72.5B As Revenue Generated Between January To November
•By Oyeniyi Awojoodu
IBADAN – The Customs Area Controller for Oyo/Osun Area Command of Nigeria Customs Service, Controller Ben Oramalugo PhD has declared the sum of Seventy -two billion, five hundred and sixty-eight million, four hundred and nine thousand, eight hundred and two kobo (N72,568,409,802.02) as revenue generated at the command for the period covering January to November 2024.
Addressing journalists at the end of the year Press Conference held at the Command Headquarters, Agodi Ibadan on Friday, Dr Ben Oramalugo stressed that it’s important to note that as we approach the end of the year, it is essential to reflect on the significant milestones achieved by the Oyo/Osun Area Command, as these accomplishments underscore unwavering commitment to safeguarding the lives of citizens, protecting local industries, ensuring compliance with customs laws and supporting Nigeria’s economic stability.
Ben Oramalugo further noted that for the period covering 30th October to 23rd December 2024, the command has remained steadfast in enforcing the Federal Government’s fiscal policies, generating revenue, and combating smuggling activities that threaten our economy and security.
He said, “In the face of the prevailing economic conditions, the command has collected for the months of October and November 2024, the sum of fifteen billion, nine hundred and eleven million, five hundred and eighty one thousand, one hundred and sixteen naira, Seventy -two kobo(N15,911,581,116.72) which represents an increase of Hundred 33.57% when compared to the sum of Eleven Billion, nine hundred and twelve million, two hundred and nineteen thousand, three hundred and one naira, nineteen kobo.(N11,912,219,301.19) Collected in the same period of year 2023.
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“Cumulatively, for the period covering January to November 2024, the Oyo/Osun Area Command generated total revenue of Seventy-two billion, five hundred and sixty-eight million, four hundred and nine thousand, eight hundred and two naira, two kobo(N72,568,409,802.02) representing a significant increase of 13.17% compared to the sum of sixty -four billion, one hundred and eighteen million, six hundred and Seventy-eight thousand, two hundred and sixty-seven naira, sixty-nine kobo (N64,118,678,267.69) collected in the same period of 2023.
“This achievement is a testament to our officers’ diligence, enhance enforcement of customs laws and improved trade facilitation measures, it is also worthy to note that by adopting modern trade facilitation tools and promoting transparency, the Command has strengthened compliance amongst excise stakeholders, ensuring that revenue leakages are effectively curtailed, as the revenue collected contributes significantly to national development a s supports the federal government’s economic agenda.
“Our anti-smuggling achievements in addition to revenue collection duties, the Oyo/Osun Area Command has also intensified its efforts in safeguarding lives and protecting local industries. The anti-smuggling operation strategies already deployed has the festive season approaches, would leave no stone unturned to safeguarding lives of citizens, facilitating legitimate trade, security local industries and ensuring compliance with laws.
“I would like to emphasize that seizures underscore the Command’s commitment to protecting Nigeria’s economy and ensuring compliance with fiscal and trade policies, for the period covering 30th October to 19th December 2024, the command anti-smuggling activities have led to the successful intercept substantial seizures of prohibited items with a Duty Paid Valued of Three Hundred and Seventy Million , Seven hundred and Seventy-two Thousand, six hundred naira.(N370,772,600.00).
Items seized by the Command, are bags of parboiled foreign rice, packs of foreign macaroni, premium motor spirit, second hand clothing, used tyres, banned unlicensed pharmaceuticals, among others.