Customs uncovers four factories evading duties in Ogun

....generate over N4. 627b In two months

The Ogun II Area Command of Nigeria Customs Service (NCS) has uncovered four manufacturing companies operating business in the State without payments of the statutory excise duties to the covers of the federal government. 

The Command's Area Controller, Comptroller Olusola Alade disclosed this while briefing newsmen in Abeokuta, Ogun State capital, about activities of his command between September and October, this year.

Alade said, the command also generated over N4. 627 billion as revenue from excise duties within the two more under review.

The Area Controller, while reiterating the core mandates of his command to include revenue generation through payments of excise duty, trade facilitation, as well as securing the national economic policies among others, said the NCS' monitoring teams was reinvigorated towards ensuring proper functionality for the revenue drive which consequently resulted in bringing more factories under the excise control.

Alade explained that the affected factories include; Glamour Foods & Consult; Abraham & Sarah Beverages; Cafro Group of Company, as well as Sprout & Kings were uncovered through the deployment of intelligence in the Area II command, stressing that they are currently under different stages of registration with the federal government.

On the amount of revenue generated, the Area II Controller said a total sum of N4, 627, 054, 451: 69 was realized by the command in two months, thereby representing a 24. 8 percent increase when compared to the amount generated in the corresponding months of September and October 2022.

While emphasizing that the command adopted a "sustained intelligence reconnaissance, effective monitoring and robust stakeholders' engagement" within the past three months when he took over the command, he stated further that the amount generated by his command for the month of November was still under collation at the Federal Ministry of Finance.

Alade however, assured that the command would not renege on its efforts at putting necessary measures in place to improve on the collections with the cooperation of other units of the Service.

"We will continue to dialogue, engage and sensitise the local and business communities while discharging our statutory responsibilities of enforcing compliance with government's fiscal policies".