September 7, 2024
EXPORT: Tin-can Customs records 73% rise
EXPORT: Tin-can Customs records 73% rise
– By Alison_Godswill

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EXPORT: Tin-can Customs records 73% rise

By Eyo Nsima

Tin-can Island Command of the Nigeria Customs Service, NCS, has recorded a 73 percent Year-on-Year, YoY, increase in the volume of export cargo through the port in the first half of 2022.

According to the Command, it collected a total of N274.3 billion during the period.
The Customs Area Controller, CAC of the Command, Olakunle Oloyede, disclosed that the 73 percent in export amounts to138, 246.50 metric tons compared to 100,500 metric tons recorded in the same period in 2021.
He stated: “Tin-can Island Command has so far experienced an increase in export activities for the first half of the fiscal year 2022.

“The Command recorded an outward throughput in the export cargo of 138,246.50 metric tons representing an increase by 73 percent from 100,500 metric tons recorded in 2021, with a F.O.B value of N100.4 billion.’’

He added that the Command collected a total of N274.3 billion in revenue during the period, a 27.5 percent increase from last year’s collection of N229.3 billion within the period under review.

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