Post by Trade Coach on Jun 10, 2018 17:38:47 GMT 1
NIGERIA EXPORTS N29.146BN WORTH OF AGRICULTURAL PRODUCES IN THREE MONTHS
The federal government’s initiative on export especially the agricultural commodities is yielding results as a total of 45, 462 metric tons with free on board (FOB) value of N29.146 billion of agricultural produce were exported out of Nigeria between January and March 2018.
Customs Area Controller, Nigeria Customs Service (NCS), Tin Can Island Command, Comptroller Musa Abdulahi, disclosed this in a chat with journalists in Lagos.
Giving a breakdown of the products exported, he said agriculture products export was responsible for 38,517 metric tons with FOB value of N22.435 billion while processed and manufactured goods exported was 6,945 metric tons valued at N6.711 billion.
This, he stated represents an appreciable improvement of 558.46 per cent in terms of volume and 402.24 per cent in terms of FOB value when compared with the 8,140 metric tons valued at N7.246 billion recorded between January and March 2017.
He listed the agriculture produce exported to include; cashew nut, rubber, hibiscus flower, cocoa butter, sesame seeds, processed wood, frozen shrimps and processed leather while the manufactured products were; empty bottles, biscuit, cigarette, polyethylene, billets, soap, hair cream and tissue paper.
Abdulahi said efforts have been intensified by his command under the federal government presidential initiative on ease of doing business to improve its performance rating.
According to him, “We have made some gains in the 48 hours cargo clearance time. Some categories of goods are being cleared from the customs zone within six hours. Trade facilitation structures have been strengthened to sustain the gains here as follows: Fast track facilities-provided to compliment trader/importers, dispute resolution committee working as scheduled, help desk for enquiries and operational support, time release studies and securing of government revenue in disputed area through the use of bank guarantee/indemnity as provided in the import guideline.”
He added general improvement in compliance with laid down standard operating procedures has resulted in fewer intervention due to voluntary compliance.
He said Tin Can Island Command is committed to the transformation of its revenue collection and reporting system with the implementation of NICIS11 with additional functionality, “which is an upgrade of the NICIS1.”
“As part of the specific gains with the implementation we have the biometric system and introduction of a one stop shop, which will enable treatment of declarations of valuations, classification and other related clearance issues/queries. In the meantime, the renovation of the space for the one stop shop is in progress.
“There is also the automation of cargo examination and assignment process where examination officers are assigned examination automatically, this is designed to ensure transparency in the process. The vehicle valuation system is being further improved with the attachment of the valuation note issued to the SGD in the system, this will enable a quick verification of assessment and duty payment, “he stated.
The federal government’s initiative on export especially the agricultural commodities is yielding results as a total of 45, 462 metric tons with free on board (FOB) value of N29.146 billion of agricultural produce were exported out of Nigeria between January and March 2018.
Customs Area Controller, Nigeria Customs Service (NCS), Tin Can Island Command, Comptroller Musa Abdulahi, disclosed this in a chat with journalists in Lagos.
Giving a breakdown of the products exported, he said agriculture products export was responsible for 38,517 metric tons with FOB value of N22.435 billion while processed and manufactured goods exported was 6,945 metric tons valued at N6.711 billion.
This, he stated represents an appreciable improvement of 558.46 per cent in terms of volume and 402.24 per cent in terms of FOB value when compared with the 8,140 metric tons valued at N7.246 billion recorded between January and March 2017.
He listed the agriculture produce exported to include; cashew nut, rubber, hibiscus flower, cocoa butter, sesame seeds, processed wood, frozen shrimps and processed leather while the manufactured products were; empty bottles, biscuit, cigarette, polyethylene, billets, soap, hair cream and tissue paper.
Abdulahi said efforts have been intensified by his command under the federal government presidential initiative on ease of doing business to improve its performance rating.
According to him, “We have made some gains in the 48 hours cargo clearance time. Some categories of goods are being cleared from the customs zone within six hours. Trade facilitation structures have been strengthened to sustain the gains here as follows: Fast track facilities-provided to compliment trader/importers, dispute resolution committee working as scheduled, help desk for enquiries and operational support, time release studies and securing of government revenue in disputed area through the use of bank guarantee/indemnity as provided in the import guideline.”
He added general improvement in compliance with laid down standard operating procedures has resulted in fewer intervention due to voluntary compliance.
He said Tin Can Island Command is committed to the transformation of its revenue collection and reporting system with the implementation of NICIS11 with additional functionality, “which is an upgrade of the NICIS1.”
“As part of the specific gains with the implementation we have the biometric system and introduction of a one stop shop, which will enable treatment of declarations of valuations, classification and other related clearance issues/queries. In the meantime, the renovation of the space for the one stop shop is in progress.
“There is also the automation of cargo examination and assignment process where examination officers are assigned examination automatically, this is designed to ensure transparency in the process. The vehicle valuation system is being further improved with the attachment of the valuation note issued to the SGD in the system, this will enable a quick verification of assessment and duty payment, “he stated.
