Customs Declares Increase in Export, Processed $937m Agricultural, Manufactured Items in Lagos
...Generates N5.3b for NESS
The Lilypond Export Command (LEXC) of Nigeria Customs Service has processed export of agricultural and manufactured items worth a total of S$937,357,129.90 with the month of September 2024 accounting for $202,267,327.46
Comptroller Ajibola Odusanya, Customs Area Controller of LEXC who disclosed this to newsmen in Lagos during the command’s quarterly press briefing said hibiscus , sesame seed and cashew nuts topped the list of agricultural produce exported out of the
country.
He said Nigeria Export Supervision Scheme revenue collection recorded an extraordinary growth of 733.22%. climbing from N640,198,812.18 to N5,333,343,692.86 which highlights the consolidation’s positive impact on revenue generation through improved tracking and proper documentation of export activities.
The duty paid on exports of previously imported goods increased by 359.129%, from N29,626,1 78.00 to N136,042,360.00. This can be linked to the improved enforcement of customs regulations post-consolidation. The table below provides a detailed comparative analysis between the second and third quarters of 2024. Percentage Export Metrics 2nd Quarter 20243rd Quarter 2024 Increase Value of Shipment (S) $184,880,029.35 $937,357,129.90 407.05% 405,979.72 368.02% Tonnage (Metric Tons) 86,783.93 NESS Reven ue (N) N640,198,8 1 2.18 NS,333,343,692 .86|733.22% N29,626, 1 78.00 N136,042,360.00 359.12% Duty Paid on Goods ()
Ajibola added that for the month of September 2024 alone, the command processed 3,363 export containers, with a total weight of 221,961.53 metric tons.
Speaking on the notable improvements achieved in the area of increased export,Ajibola said the value of shipments in the third quarter of 2024 saw a remarkable increase of 407.05%, from $184,880,029.35 to S$937,357,129.90.
He attributed the increase in export to his command’s efficiency following the NCS Management decision to consolidate all exports from various areas in Lagos to Lilypond which has streamlined export processes and procedures under one command with effective from 4th of July 2024.
Ajibola said “The consolidation of export seats at all Lagos ports into Lilypond Export Command 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 centralization of export operations has allowed for faster processing times for export documentation, improved compliance with NCS guidelines and regulations, and a more transparent and traceable export value chain.
“The total value of exports declared for September amounted to $202,267,32 7.46 (Two hundred and two million, two hundred sixty-seven thousand, three hundred twenty-seven dollars and forty-six cents). The highest contribution came from agricultural commodities, which accounted for $93,743,558.23 followed by manufactured g00ds at S65,057,389.35 ” he said
For revenue collected under the Nigerian Export Supervision Scheme, Comptroller Ajibola said a total of N1,493,326,491.83 was collected in September’s export activities and that the command also collected N88,337,176 in duties on exports of previously imported goods, based on the provisions of the 2022 Fiscal Policy.
He listed other gains of the consolidation to include increased in the duty paid on export of previously imported goods by 359.129%, from N29,626,178 to N136,042,360 and a surge in the export processing capabilities of LEXC by 368.02%, from 86,783,93 metric tons to 405,979.72 metric tons.
