ONEE CUSTOMS GENERATED N53.98B IN 11 MONTHS – CONTROLLER
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The Nigeria Customs Service, Oil and Gas Free Trade Zone Command, Onne, Rivers State, has announced a revenue generation of N53.98 billion between January and November 2024.
Comptroller Usman Seriki, the Customs Area Controller, revealed this information at a press briefing held at the command’s headquarters in Onne on Tuesday. This represents a 98.6% increase over the income earned in 2023.
Seriki disclosed that the command’s increased efficiency and commitment were demonstrated when it exceeded its 2024 annual income objective by 2.3%.
“It is worthy of note that the command, in the period under review, surpassed its annual target for the fiscal year 2024 with a revenue collection of N53.98 billion,” Seriki said.
“This figure has exceeded the 2023 revenue by N26.8 billion, representing a 98.6% increase from last year,” he said.
Highlighting the command’s focus on innovation and compliance, Seriki stated, “The command has demonstrated unwavering commitment to excellence, innovation in trade facilitation while maintaining regulatory compliance in this vital sector of Nigeria’s economy.”
He added that the command ensured seamless importation and exportation of goods through licensed enterprises within the free zone.
“The command also oversees free zone activities, including monitoring goods received via sea or air, supervising value addition by licensees, and managing stacking areas within the zone,” he noted.
Seriki enumerated significant exports made possible by the directive, such as fertilizer from Notore Chemical PLC, refined sugar from Bundu Sugar Refinery, and crude oil and liquefied natural gas from Bonny Island.
He emphasized the command’s commitment to encouraging effectiveness, openness, and compliance with customs laws.
“In fulfilling our core mandate of revenue collection, we shall continue to ensure trade facilitation and compliance with Customs regulations, while promoting efficiency and transparency in clearance procedures,” he assured.
The comptroller expressed gratitude to stakeholders and authorities for their support in surpassing the revenue target.
“I sincerely commend the Oil and Gas Free Trade Zone Authority for their overwhelming support and all stakeholders in the zone for their cooperation in achieving this milestone,” he said.
Seriki also praised Bashir Adeniyi, the Comptroller General of Customs, for his strategic guidance and leadership.
“His exemplary guidance and visionary initiatives have been instrumental to our achievements,” he added.
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