Author: Ibe Wada.
The Nigeria Customs Service (NCS) Oil and Gas Free Trade Zone Command has reiterated its commitment to facilitating trade and ensuring regulatory compliance in Nigeria’s oil and gas sector.
Speaking during a press briefing at the Command’s headquarters on Tuesday, 10 December 2024, the Customs Area Controller (CAC), Comptroller Seriki Usman, highlighted the Command’s achievements from January to November 2024. He noted that the Command successfully managed the import and export of goods within the free trade zone, ensuring seamless operations for licensed enterprises.
Comptroller Usman detailed the export of key products, including refined sugar, fertiliser, liquefied natural gas (LNG), and crude oil, from major facilities such as Bundu Sugar Refinery, Notore Chemical PLC, and Bonny Island.
A notable achievement of the Command was its record-breaking revenue collection of ₦53.98 billion. “This figure represents a 2.3% increase over our annual target for 2024 and a remarkable 98.6% rise compared to the ₦26.80 billion collected in 2023,” Comptroller Usman stated.
He attributed the success to collaborative efforts with stakeholders, including the Oil and Gas Free Trade Zone Authority, emphasising the importance of maintaining the momentum for trade growth and innovation within the zone.
Comptroller Usman also expressed gratitude to the Comptroller General of Customs, Adewale Adeniyi, for his leadership and guidance.
Assuring Nigerians of the Command’s dedication, Comptroller Usman pledged continued efforts to enhance regulatory compliance, facilitate trade, and generate revenue. He affirmed the Command’s commitment to improving service delivery and contributing significantly to the nation’s economic growth.
