Close Menu
    What's Hot

    UN Urges Restraint as Iran Protests Ease

    January 16, 2026

    NEC Seeks Accelerated Transition From Oil to Non-Oil Economy

    January 16, 2026

    Trump Says ‘Board of Peace’ Formed to Oversee Gaza Transition

    January 16, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About us
    Facebook X (Twitter) Instagram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, January 16
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketForces News - Apapa Customs Rakes in N1.2tn in 7 Months
    News

    Apapa Customs Rakes in N1.2tn in 7 Months

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 8, 2024Updated:August 8, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Apapa Customs Rakes in N1.2tn in 7 Months
    Share
    Facebook Twitter Pinterest Email Copy Link

    Apapa Customs Rakes in N1.2tn in 7 Months

    The Apapa Customs Command of the Nigerian Customs Service (NCS) has said it generated a total of N1.2 trillion as revenue between January and July 2024. The Customs Area Controller (CAC), Apapa Command, Comptroller Babatunde Olomu, disclosed this in a statement issued by the Public Relations Officer, Mr Usman Abubakar, in Lagos on Wednesday.

    Olumu said he was committed to surpassing the existing records of revenue collection. He said that the command collected N201.8 billion for the month of July 2024, its highest monthly collection in the history of the Nigeria Customs Service.

    According to the CAC, the collected revenue for the seven months of 2024 is higher than the total revenue collected for the twelve months of 2023. He attributed the success to his implementation of the Time Release Study (TRS ) thrust by the Comptroller General of Customs, Bashir  Adeniyi, to facilitate trade.

    Olomu said that the move had yielded outstanding results, which were reflected in the command’s revenue collection. “I am optimistic about the possibility of beating this record, as we look forward to surpassing it in months to come.

    “From January to July 2024, Apapa Area Command generated a total of N1.22 billion above the total revenue collected by the command in the 12 months of 2023, which was  N1.17 trillion. In clear terms, our 2024 seven-month collection is above last year’s twelve months’ total collection,” Olomu said.

     He said that the interventions from the Tariff and Trade Department, also contributed immensely to the successes achieved by the command.

     “Our compliance desk, dispute resolution team, Valuation, PCA, CIU and other units aimed at promoting seamless trade have been reinvigorated with daily, weekly and monthly evaluation to oversee the progress we are making.

     “We are committed to doing more in line with the directives and motivating examples of the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR,” Olumu said. He said that Apapa Command handled the highest volume of trade for the NCS, collected the highest revenue, and was therefore saddled with a higher degree of expectation from the management of the service and the government.

     He advised Apapa port users to embrace legitimate trade, adding that Apapa Command was more alive to its responsibilities to detect all forms of concealment and plug any avenue for revenue leakage to the barest minimum. #Apapa Customs Rakes in N1.2tn in 7 Months NIRSAL Plc Empowers Over 2,000 Farmers in 4 States to Boost Output

    NCS
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website

    ogochi Ndubuisi is creative content manager with interest in marketing and advertisement. Ogochi supports MarketForces Africa's clients corporate communication units with content development and liaise with media unit for disseminable product information.

    Related Posts

    Foreign

    UN Urges Restraint as Iran Protests Ease

    January 16, 2026
    News

    NEC Seeks Accelerated Transition From Oil to Non-Oil Economy

    January 16, 2026
    Foreign

    Trump Says ‘Board of Peace’ Formed to Oversee Gaza Transition

    January 16, 2026
    Foreign

    China Urges U.S. to Abandon Use of Force Against Iran

    January 16, 2026
    News

    Ghana’s Outlook Brightens as Inflation, Interest Rates Plunge

    January 16, 2026
    News

    Global Economic Outlook Improves Modestly, Remains Uncertain—Chief Economists

    January 16, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    UN Urges Restraint as Iran Protests Ease

    January 16, 2026

    NEC Seeks Accelerated Transition From Oil to Non-Oil Economy

    January 16, 2026

    Trump Says ‘Board of Peace’ Formed to Oversee Gaza Transition

    January 16, 2026

    China Urges U.S. to Abandon Use of Force Against Iran

    January 16, 2026
    Latest Posts

    UN Urges Restraint as Iran Protests Ease

    January 16, 2026

    NEC Seeks Accelerated Transition From Oil to Non-Oil Economy

    January 16, 2026

    Trump Says ‘Board of Peace’ Formed to Oversee Gaza Transition

    January 16, 2026

    China Urges U.S. to Abandon Use of Force Against Iran

    January 16, 2026

    Ghana’s Outlook Brightens as Inflation, Interest Rates Plunge

    January 16, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    UN Urges Restraint as Iran Protests Ease

    January 16, 2026

    NEC Seeks Accelerated Transition From Oil to Non-Oil Economy

    January 16, 2026

    Trump Says ‘Board of Peace’ Formed to Oversee Gaza Transition

    January 16, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.