CUSTOMS: Oyo /Osun Command Intercepts Contrabands With DPV Of ₦755,8M. Between August – October

 

 

The Oyo/Osun Area Command of the Nigeria Customs Service.has stated that it intercepted various contraband goods with a Duty Paid Value (DPV) of ₦755,896,700.00 between the period of August 30th to October 29th, 2024.

Controller of the command, Comptroller Ben Oramalugo who disclosed this in a statement noted that despite the challenges, officers and men under his watch remained focused on its twin mandate of revenue generation for the government and curbing the menace of smuggling and other illicit activities that undermine the economy..

Comptroller Oramalugo said in the face of current economic conditions, the Command has intensified its efforts in ensuring that every kobo due to the government is collected in accordance with the law.

Items seized include:foreign parboiled rice 433 (50Kg) Bags, Second Hand Clothes 61 Bales and 10 Sack Used Tyres 93 Pieces, Cannabis Sativa, 49 Sacks weighing 744.9kg Petroleum Motor Spirit (PMS) (25 Litre Kegs) (Totaling: 8,850 Litres).

Others are – Fake Pharmaceuticals Analgin Injection (46 Cartons) Amoxicillin Capsule 500mg (68 Sacks) , Buscomac Tablet 10mg (3 Cartons), Juscopan tablets (6 Sacks), Chloramphenicol Tablet Bp 250mg (5 Sacks), Ampiclox Capsules 500mg (11 Sacks), Arthromether Tablets (10 Sacks), Fulcin Tablets 500mg (2 Sack),, Pentazocine Injection 30mg (13 packets)

 

“This period has been critical for our nation, as we are all acutely aware of the economic challenges facing our country today. Rising inflation, high cost of living, and other financial hardships has impacted all citizens, making it essential for us to perform our duties with greater responsibility and commitment to sustaining national stability. ” he said

Speaking on the command revenue,the customs boss added that” I am pleased to announce that for the 3rd quarter of the year 2024 the Oyo/Osun Area Command successfully generated a total revenue of ₦23,974,543,014.49 (Twenty-Three Billion, Nine Hundred and Seventy-Four Million, Five Hundred and Forty-Three Thousand, and Fourteen Naira, Forty-Nine Kobo). ”

According to him, the revenue generated reflects a 27.5% increase over the sum of ₦17,377,387,591.90 (Seventeen Billion, Three Hundred and Seventy-Seven Million, Three Hundred and Eighty-Seven Thousand, Five Hundred and Ninety-One Naira, Ninety Kobo)

He noted that revenue generated in the corresponding period of 2023, underscoring the Command’s commitment to efficient revenue collection through improved compliance, enforcement, and monitoring

“Cumulatively, for the period covering January to September 2024 the Command has generated the sum of ₦56,656,828,685.30 (Fifty-Six Billion, Six Hundred and Fifty-Six Million, Eight Hundred and Twenty-Eight Thousand, Six Hundred and Eighty-Five Niara, Thirty Kobo). This also reflects a 7.85% increase when compared to the sum of ₦52,206,458,966.50 (Fifty-Two Billion, Two Hundred and Six Million, Four Hundred and Fifty-Eight Thousand, Nine Hundred and Sixty-Six Niara, Fifty Kobo) generated in the corresponding period of January to September 2023.”

He pointed out that the significant success recorded in revenue collection is a remarkable achievement despite the current financial strains affecting businesses and citizens alike.

 

The comptroller affirmed that “Revenue from Excise Duty: The bulk of this revenue came from legitimate production activities by excise factories within the Commands Area of Responsibility and Command officers have ensured thorough documentation checks to avoid any revenue leakages.”