Customs revenue dips in Apapa Command

The Nigeria Customs Service(NCS), Apapa Command said it recorded a revenue of N20.7 billion in April.

The amount was N11.6 billion lower than the N32.3 billion it generated in March.

The information is contained in the revenue report document made available to the News Agency of Nigeria (NAN) by the Public Relations Officer of the Command, Mr Emmanuel Ekpa.

The revenue breakdown as indicated in the document, shows that N10.6 billion was generated into the Federation Account.

This amount was N5.1 billion lower than the N15.7 billion collected under the same account in March.
According to the report, N10 billion was generated into the  Non-Federation Account, which was a drop from the N16. 6 billion generated into the same account in March.

 The document indicated that collections under the account came from five per cent Value Added Tax and seven per cent Port Levy.

The other levies under the account include one per cent Comprehensive Import Supervision Scheme; Rice Levy, Sugar Levy, Wheat flour, Cigarette and Iron levies.

The document also indicated that a total of N71.3 million was collected from the Negotiable Duty Credit Certificate in April, as against the N278 million from the same scheme in March.

This showed a shortfall of N206.7 million. 
The Controller of the Command, Eporwei  Edike, attributed the drop in the command's  revenue generated to market forces.