Despite low export, bottlenecks, MMIA Customs earns N20.9 billion in 2022

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Despite low export, bottlenecks, MMIA Customs earns N20.9 billion in 2022
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strong|•Stakeholders fault pressure on import duty, charges The Nigerian Customs Service (NSC), Murtala Muhammed International Airport (MMIA) Command, Lagos, has raked in N20.9 billion revenue in 2022, despite perennial difficulties for exports and bureaucratic bottleneck at the airport. The earnings, about nine per cent increase on 2021 figures, mainly accrued from importation that currently accounts […]

strong>•Stakeholders fault pressure on import duty, charges The Nigerian Customs Service , Murtala Muhammed International Airport Command, Lagos, has raked in N20.9 billion revenue in 2022, despite perennial difficulties for exports and bureaucratic bottleneck at the airport. The earnings, about nine per cent increase on 2021 figures, mainly accrued from importation that currently accounts…The Nigerian Customs Service , Murtala Muhammed International Airport Command, Lagos, has raked in N20.

The Guardian recently reported that more airlines are departing from Nigeria without exportable goods, much to the pains of stakeholders and loss of foreign exchange earnings worth billions of dollars yearly. Notwithstanding, Customs Area Controller, Mohammed Gidado, said it was a good year for the Command, collecting N19.05 billion out of estimated N20.9 billion earnings.

“But that is not the way to ease of doing business. Believe you me, if these various authorities harmonise activities and reduce export bottlenecks, even Customs will have over 200 per cent increase in earnings,” he said.

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