Joseph Bakare
The Nigeria Customs Service (NCS) Lilypond Export Command (LEXC) has announced impressive gains in export activities for the third quarter of 2024, following the consolidation of all export seats at customs commands around Lagos ports into the LEXC.
The Customs Area Controller (CAC) Comptroller Odusanya, disclosed that the Command facilitated agricultural and manufactured goods worth $937,357,129.90, representing a 407.05 per cent when compared to the $184,880,029.35 recorded in Q2 2024.
Comptroller Odusanya attributed the achievement to the enhanced efficiency following the consolidation of export seats at the LEXC.
He said, “The value of shipments in the third quarter saw a remarkable increase of 407.05%, from $184,880,029.35 to $937,357,129.90. This substantial rise can be attributed to enhanced efficiency following the consolidation of export seats at the LEXC.”
“For the month of September 2024 alone, LEXC processed 3,363 export containers, with a total weight of 221,961.53 metric tons. The total value of exports declared for September amounted to $202,267,32 7.46”, he added.
In addition, the CAC noted that the sum of N1,493,326,491.83 Nigerian Export Supervision Scheme (NESS) Revenue was generated from September’s export activities.
“The Command also collected N88,337,1 76.00 in duties on exports of previously imported goods, based on the provisions of the 2022 Fiscal Policy”.
Acknowledging the gains of consolidation of export processing, Odusanya stated that it has clearly yielded significant gains, reflected in the impressive increases across key export metrics.
“The primary benefit was the elimination of bureaucratic bottlenecks that previously hindered smooth export processes. The centralisation of export operations has allowed for faster processing times for export documentation, improved compliance with NCS guidelines, a more transparent and traceable export value chain.”, he stated.
The Area Controller appreciated the resilience and dedication to duty of officers of the Command.
He further expressed gratitude to other regulatory agencies for their collaboration while also assuring the public of continued improvements to enhance Nigeria’s global competitiveness.