March 4, 2024

OGUN II CUSTOMS DISBURSES N4.6BILLION AS REVENUE INTO THE FEDERATION ACCOUNT FROM EXCISE DUTY.

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OGUN II CUSTOMS DISBURSES N4.6BILLION AS REVENUE INTO THE FEDERATION ACCOUNT FROM EXCISE DUTY.

..To Make The Business Environment Attractive For Investors, Discovered More Factories.

By Benson Ewedafe

Nigeria Customs Service, Ogun II Command, Abeokuta recorded Four Billion, Six Hundred And Twenty Seven Million, Fifty-four Thousand, Four Hundred And Fifty-one Naira, Sixty nine kobo (N4,627,054,451.69) as revenue through excise duties two months between September and October, 2023, which is 24.8 percent higher than the amount realized in the same corresponding period of 2022.

According to the Customs Area Controller, Ogun II Area Command, Comptroller Olusola Bisi Alade disclosed on Tuesday that he has charged the industries operators to pay their excise duty in other to attract development and other social amenities for their business to thrives.

“We shall maintain success through synergy. We will continue to dialogue, engage, and sensitize the local and business communities while discharging our statutory responsibilities of enforcing compliance with government fiscal policies.

He added that, “It is also important to stress that the successes recorded in our revenue in this Command can be attributed to the following factors;

“Good motivation from the Nigeria Customs Service Management has boosted the morale of officers and kept them in high spirits at all times.

“Aggressive Stakeholder engagement, including visits and collaboration with other security/government agencies in Ogun State.”

Continuous deployment of intelligence on the Command operations, leading to discovery of some factories, according to him, these factories which are now under different registration included;

Glamour Foods and Consult Nigeria Limited. Abraham and Sarah Beverages Nigeria Limited, Cafra Group of Company and Sprout and Kings Nigeria Limited.

He also promised to continue to dialogue, engage, and sensitize the local and business communities while discharging their statutory responsibilities of enforcing compliance with government fiscal policies.

According to the Ogun II Customs boss, he explained that, the activities in the free trade zones have improved and these has yielded greater success which is evident in the monthly revenue collections, he said.

While speaking further, the CAC hinted that the Command will continue to put in place necessary measures to improve on the collections with adequate support from other units, i.e, CIU and Customs police.

In other to increase the Command revenue revenue base, “We have just concluded a phase three your of the factories as well as the two free trade zones (FTZ), Ceplast and Ogun Guangdong free trade zones within the Command purview

Alade said this is in tandem with commitment to enhance collaboration among the different Stakeholders in the supply chain and subsequently to improve performance and operational relationships.

He opened that, the monitoring team was reinvigorated to brace up for upliftment the Command revenue drive. The monitoring team successfully bring more factories under excise control, the CAC revealed,

His words; I am soliciting for the compliance of the factory operators on timely payment of appropriate payment of Excise Duty including other charges payable.

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