The monitoring teams of the Ogun II Area Command of the Nigeria Customs Service (NCS) have uncovered four manufacturing companies conducting business in Ogun State without fulfilling the payment of statutory Excise Duties owed to the federal government.
Simultaneously, the NCS has successfully generated a total revenue exceeding N4.627 billion from Excise Duties owed to the federal government between September and October of this year. The Area Controller of the Command, Comptroller Olusola Alade, revealed these findings during a briefing with journalists on the activities of his command in the last quarter of the 2023 fiscal year at the command’s headquarters in Abeokuta, the capital of Ogun State.
Comptroller Alade, emphasizing the core mandates of his command, which include revenue generation through Excise Duty payments, trade facilitation, and the enforcement of national economic policies, noted that the monitoring teams were intensified to ensure efficient functionality for revenue generation. This effort led to the identification of additional factories falling under the excise control umbrella.
He clarified that the identified factories, namely Glamour Foods and Consult, Abraham and Sarah Beverages, Cafro Group of Company, as well as Sprout and Kings, were discovered through intelligence deployment in the Area II command. These factories are currently at various stages of registration with the federal government.
Regarding the revenue generated, the Area II Controller reported a total sum of N4,627,054,451.69 released by the command in two months. This represents a 24.8 percent increase when compared to the amount generated during the corresponding months of September and October 2022.