Nigeria’s Customs Service in the Ogun Area 1 command has generated a total revenue of N37.8 million from direct auction of seized petroleum products in the first quarter of 2020.
Controller of the Command, Comptroller Michael Agbara who disclosed this while presenting the command score card at Idiroko, Ogun State last weekend said the figure showed tremendous increase by far margins in the numbers and Duty Paid Value of seizures in the first quarter of the year 2020 when compared to the first quarter of 2019.
According to him, the command recorded 607 seizures in first quarter of 2020 as against 226 recorded in the same period of 2019.
“It will interest you to know that within the period of 1st January to 31st March, we have generated a total of revenue of N37,878, 000 from direct auction of seized 293,015litres of Premium Motor Spirit (PMS), 625 litres of diesel and 19 jerricans of kerosene (25kg each).
“All the aforementioned seizures of petroleum products were meant for illegal exportation in defiance to extant policies of the federal government. It is important to note that all items imported into Nigeria for home use are not permitted to be exported,” he said.
Source:www.energynewsafrica.com
