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2024 FIRST QUARTER SCORECARD OF NIGERIA CUSTOMS SERVICE LILYPOND EXPORT COMMAND

Comptroller Ajibola Odusanya, the Customs Area Controller, held a press briefing on Tuesday, 16th April 2024, to present the first-quarter scorecard of the Nigeria Customs Service Lilypond Export Command. In his opening remarks, Comptroller Odusanya expressed gratitude to those who attended the briefing and acknowledged the challenges faced by the global community, including Nigeria. He highlighted the adverse impact of the unstable exchange rate on key sectors of the economy.

Despite these challenges, the Lilypond Export Command had an exceptional performance in the first quarter of 2024. Through concerted efforts and strategic measures, the Command facilitated the export of various commodities, leading to a significant surge in trade activity.

During the period, the Command processed a total of 5,891 (20ft and 40ft) containers valued at $236,087,888.53. These containers contained diverse commodities, including agricultural produce, manufactured goods, and solid and extractive minerals, among others.

The breakdown of export activities is as follows:

a. Agricultural Produce: A total of 4,229 (20ft and 40ft) containers were filled with agricultural produce, generating earnings amounting to USD 153,426,308.00. This sector’s robust contribution to the national economy is highlighted by the payment of ₦916,492,465.00 to the Nigeria Export Supervision Scheme (NESS).

b. Manufactured Goods: With 629 (20ft and 40ft) containers dispatched, manufactured goods significantly contributed to export revenue, totalling USD$22,289,340.77. The NESS payment to the Federal Government of Nigeria amounted to ₦112,905,501, reflecting the sector’s resilience and competitiveness in the global market.

c. Solid and Extractive Minerals: The export of solid and extractive minerals witnessed a notable upsurge, with 753 (20ft and 40ft) containers dispatched, valued at USD$34,107,959.01. The NESS payment of ₦224,162,113.74 highlights the immense potential of Nigeria’s mineral resources on the international stage.

Additionally, various goods such as plants & machinery and personal effects were exported in 280 (20ft and 40ft) containers, contributing USD$26,264,280.07 to export revenue. A NESS payment of ₦135,771,439.38 was made, emphasizing the diversified nature of Nigeria’s export portfolio.

COMPARISON WITH Q1 2023

Comptroller Odusanya disclosed that a comparative analysis revealed a substantial growth trajectory in the first quarter of 2024 compared to the corresponding period in 2023. The total number of containers processed in Q1 2024 increased by 44% to reach 5,891 (20ft and 40ft) containers, compared to 3,784 (20ft and 40ft) containers processed in Q1 2023. This significant increase signifies heightened trade activity at the Command.

The value of export commodities also surged by 42%, reaching USD$236,087,888.00 in Q1 2024, compared to $154,459,566.39 recorded in Q1 2023, highlighting the sustained momentum in export performance. Furthermore, the NESS payment witnessed an impressive 114% increase, reaching ₦1,389,331,520.15 from ₦378,268,430.57 received in Q1 2023, indicating enhanced revenue generation and compliance. Surcharge payment for plants & machinery and imported goods also doubled from NGN 8,785,188.00 in Q1 2023 to NGN 18,218,964.00 in Q1 2024, aligning with fiscal policy directives.

STAKEHOLDERS ENGAGEMENT

The Area Controller emphasized that the Lilypond Export Command has maintained an open-door policy and successfully resolved various issues of common interest with concerned stakeholders. As the lead agency in the drive for export trade facilitation, the Command has consistently collaborated with relevant agencies such as the Nigeria Ports Authority (NPA), National Agency for Food and Drug Administration and Control (NAFDAC), National Drug Law Enforcement Agency (NDLEA), Quarantine, Department of State Services (DSS), Nigeria Police Force (NPF), Department of Forestry, and the Federal Produce Inspection Service.

Exporters and their agents have expressed their appreciation for the concept of joint examinations and its positive impact on reducing cargo clearance time.

In conclusion, Comptroller Odusanya expressed his gratitude to critical stakeholders such as the Nigeria Export Promotion Council (NEPC), Nigeria Shippers Council, various maritime associations, and the media for their collaborative efforts and synergy in carrying out their statutory mandate. He assured stakeholders to leverage their contributions and cooperation to ensure efficient service delivery to the nation. He then extended his profound appreciation to the visionary leadership of Comptroller General of Customs Bashir Adewale Adeniyi MFR. He said He and his team remain committed to fostering consolidation, collaboration, and innovation to ensure seamless trade facilitation. As we advance into the future, the Nigeria Customs Service reaffirms its dedication to promoting effective trade practices and economic prosperity.

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