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Oriental News Nigeria
Home»Business»Maritime»NCS Raises N23.3bn Revenue From Apapa Port
Maritime

NCS Raises N23.3bn Revenue From Apapa Port

By orientalnewsngNovember 12, 2015No Comments1 Min Read
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Hyacinth Chinweuba
Apapa Port
The Nigeria Customs Service (NCS) Apapa Area 1 Command has announced a N23.3 billion revenue generatedin October.

According to revenue report of the command issued by the NCS Public Relations Officer, Mr Emmanuel Ekpa, N12. 2 billion was generated through the Federation Account comprising import duty, Common External Tariffs (CET) and other fees.

The document disclosed that N11.1 billion went into the Non-Federation Account from Value Added Tax (VAT); seven per cent from Port’s levy; and the levy from the ECOWAS Trade Liberalisation Scheme (ETLS).

The report also showed that the command collected N1 million from the Negotiable Duty Credit Certificate (NDCC).

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featured NCS Raises N23.3bn Revenue From Apapa Port
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