ADVERTISEMENT
TechEconomy
Thursday, May 15, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » NCS says Tincan Island Port Generated N574bn in 2022

NCS says Tincan Island Port Generated N574bn in 2022

Justice Godfrey Okamgba by Justice Godfrey Okamgba
January 28, 2023
in Commerce
0
Tincan Island Port

RelatedPosts

Diana Tenebe writes on Food Insecurity in Nigeria | Nigeria's foodtech sector

Navigating the Maze: Solutions for Nigeria’s Flourishing Foodtech Industry

May 6, 2025

Industry Summit: Experts Unravel How to Navigate Consumer Preferences in the Nigerian FMCG

May 3, 2025

The Nigeria Customs Service (NCS) claims that operations at its TinCan Island Command will produce N574.3 billion in 2022.

The command area controller, Olakunle Oloyede, addressed this on Friday in Lagos.

He stated that the number is a growth of N80.90 billion, or 16.39 percent, over the N493.4 billion recorded in 2021.

“This accomplishment can be credited to the ongoing rejigging of the existing measures aimed at maintaining the command’s revenue profile,” he stated.

“It is as well as utilization of some disruptive strategic measures such as periodic capacity building, reshuffling, and redeployment of officers using the strengths, weaknesses, opportunities, and threats (SWOT) analysis and implementation of the vehicle identification number (VIN) valuation.”

“These led to timely intelligence sharing, utilization and voluntary compliance to government’s extant laws by the trading public.”

Oloyede also highlighted some of the significant events that occurred at the port in 2022.

He stated that seizures included 763 kg of Colorado (cannabis sativa), 1,150 bales of used clothing, 1,190 containers of 20% potassium bromate, and baking powder, among other things.

“Also, 1,383 cartons of 50 cigarettes per carton, 650 cartons of 50 pieces per carton of new ladies shoes, 2,666 pieces in 36 pallets of new starter ex-premium inverter batteries, 1,980 cartons of assorted non-alcoholic beverages, and 1,048 cartons of Tilda basmati rice,” he said.

Officials recovered 2,594 rounds of ammunition and 20 weapons, including one pistol with the 611090 (S/W) model JCP 40mm, and one used CO2 air pistol with attachments for cal. 117 (4.5 mm) BM, one marksman repeater pistol, six Mace pepper guns, and ten suspected arms of various types, according to Oloyede.

United BANK

“A total of 60 suspects were detained in 2022 and were granted administrative bail while the command has 8 cases pending in court,” he added.

Oloyede said the command recorded a significant increase in the free on board (FOB) of exports in the period under review to the tune of $589,696,648 (N242,365,322,333.00) as against the $496,075,796
(N141,985,109,159.00) recorded in 2021.

He attributed the increase of 34.4 percent in the FOB to the high quality and value of exported commodities.

“However, the export report shows a decrease in tonnage of export from 1,723,986.8 in 2021 to 336,179.5 in 2022,” he said.

“The decrease in tonnage could be connected to current government fiscal policy which prohibited the export of wood and wood products as well as the global unrest with its concomitant economic challenges.”

He listed the commodities exported through the command to include: cocoa beans, insecticides, dried ginger, empty bottles, soya beans, cashew nuts, cigarettes, rubbers, cocoa butter, frozen shrimps, copper ingots, aluminum ingots, and sesame seeds.

“Cocoa beans were the highest exported commodity while the legend stout was the least exported commodity,” he said.

“The future of export in the command looks brighter as the command in line with the headquarter circular on export Standard Operating Procedure (SOP) released a port order on the command’s harmonized SOP for the seamless facilitation of export trade in strict compliance with extant laws and guidelines on export.”

 

 

Loading

United BANK

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares

Tags: ExportsImportsNCSTincan Island Port
Previous Post

NITDA Boss Canvasses for more Indigenous Players in eSports, Games

Next Post

FG to Establish Free Trade Zone in Ekiti

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

Diana Tenebe writes on Food Insecurity in Nigeria | Nigeria's foodtech sector
Commerce

Navigating the Maze: Solutions for Nigeria’s Flourishing Foodtech Industry

by Techeconomy
May 6, 2025
0

Nigeria's foodtech sector holds immense promise to transform our nation's food production, distribution, and consumption systems. However, this burgeoning industry...

Read more
The Industry Summit by The Industry Newspaper | consumer and FCMG

Industry Summit: Experts Unravel How to Navigate Consumer Preferences in the Nigerian FMCG

May 3, 2025
Temu Prices Skyrocket as Trump’s Tariffs Hit U.S. Shoppers

Temu Prices Skyrocket as Trump’s Tariffs Hit U.S. Shoppers

April 28, 2025
QNET Dissociates from Mighty Infinity Millionaire

QNET Dissociates from Mighty Infinity Millionaire, Reaffirms Ethical Standards in Nigeria

April 23, 2025
Shopify Sued in California

Shopify Accused of Secretly Planting Tracking Cookies on Users’ Phone to Harvest Personal Data

April 22, 2025
PETER LUDI, Managing Director of redPanda Solutions | Retailers

Retailers Need to be Self-enabled to Maintain Control of their Technology Stacks

April 16, 2025
Next Post
Free Trade Zone

FG to Establish Free Trade Zone in Ekiti

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.