Reps says Customs make highest revenue from S’West
The House of Representatives Committee on Customs and Excuse says the Nigeria Customs Service generates most of its revenue from the South-West.
The chairman of the committee, Leke Abejide, asserted on Wednesday at the inauguration of committee members in Abuja.
He said, “The NCS is a big institution with a lot of commands, which are divided into Zones A, B, and C, with the southwest falling into the Zone A category.
According to him, most of the revenue comes from Zone A, which comprises Lagos, Ondo, Ekiti, Oyo, Osun, and Ogun states in the South-West region.
He alluded to the seaports in Lagos, for example.
He harped on the need to monitor the revenue and remittances of the Customs to shore up the income of the Federal Government.
I want to assure you that the Committee on Customs and Excise will be steadfast in its pursuit of excellence.
We will work tirelessly to enhance trade facilitation policies, modernise Customs procedures, and foster a conducive environment for economic growth and development.
Abejide said under the new Act, the NCS now had access to increased revenue via a new financing model of four per cent FOB, thus enabling it to operate more effectively and efficiently.
We will closely scrutinise the NCS revenue collection and remittance processes to ensure that all Customs duties and levies are promptly accounted for and remitted into the Federation Account.
