Q1: Lilypond Customs generates N1.39bn under Nigeria Export Supervision Scheme

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By Aisha Cole

The Lilypond Export Command of the Nigeria Customs Service (NCS) says its Nigeria Export Supervision Scheme (NESS) payment stood at N1.39 billion as at first quarter of the year.

The Customs Area Controller (CAC), Lilypond Export Command, Comptroller Ajibola Odunsanya, said this at a news conference in Lagos on Tuesday.

The figure represents an increase of N1.01 billion when compared to N328.2 million posted in the first quarter of 2023.

Odunsanya said that the command also recorded revenue worth $236 million in the first quarter of the year 2024.

Odunsanya attributed the success to the enhanced revenue generation and compliance.

 

He added that surcharge payment for plants and machinery as well as imported goods doubled from N8.78 million in the the same period of 2023 f to N 18.2 million during the year under review.

 

According to him, the increase in growth is due to the command aligning with fiscal policy directives.

 

He said, “In the first quarter of…



Source: News Agency of Nigeria