LAGOS – The Lilypond Export Command (LEXC) of Nigeria Customs Service (NCS), said that Nigeria Export Supervision Scheme (NESS) revenue collection recorded an extraordinary growth of 733.22%, rising from N640, 198,812.18 to N5, 333,343,692.86, which highlighted the consolidation’s positive impact on revenue generation through improved tracking and proper documentation of export activities.
The command disclosed that it processed export of agricultural and manufactured items worth a total of S$937,357,129.90; within the month of September 2024.
This according to the command accounted for $202,267,327.46
Comptroller Ajibola Odusanya, Customs Area Controller (CAC) of LEXC disclosed this in Lagos during the command’s quarterly briefing.
He revealed that hibiscus, sesame seeds and cashew nuts topped the list of agricultural produce exported out of the country.
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, according to the Customs boss, can be linked to the improved enforcement of customs regulations post-consolidation.
He, in a table provided detailed comparative analysis between the second and third quarters of 2024.
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Expressing this in percentage export metrics for 2nd Quarter 2024 and 3rd Quarter 2024 with increase value of shipment (S) as follows: $184,880,029.35 $937,357,129.90 407.05 405,979.72 368.02% Tonnage (Metric Tons) 86,783.93 NESS Revenue (N) N640,198,8 1 2.18 NS,333,343,692 .86 733.22% N29,626, 1 78.00 N136,042,360.00 359.12359.12% % 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 $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 July 4, 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 centralisation 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. 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 (NESS), 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.
