The monitoring teams of the Ogun II Area Command of Nigeria Customs Service (NCS) have uncovered four manufacturing companies operating business in Ogun State without payments of the statutory Excise Duties to the covers of the federal government.
This is just as the NCS also generated a total sum of over N4. 627 billion as revenue due to the federal government on Excise Duties between the months of September and October this year.
The Command’s Area Controller, Comptroller Olusola Alade disclosed these while briefing journalists about activities of his command for the last quarter of year 2023 fiscal year at the command’s headquarters in Abeokuta, the Ogun State capital.
Alade, who reiterated the core mandates of his command to include revenue generation through payments of Excise Duty, trade facilitation, as well as securing the national economic policies among others, said the NCS’ monitoring teams was reinvigorated towards ensuring proper functionality for the revenue drive which consequently resulted in bringing more factories under the excise control.
Alade explained that the affected factories which include: Glamour Foods and Consult; Abraham and Sarah Beverages; Cafro Group of Company, as well as Sprout and Kings were uncovered through the deployment of intelligence in the Area II command, stressing that they are currently under different stages of registration with the federal government.
On the amount of revenue generated, the Area II Controller said a total sum of N4, 627, 054, 451: 69 was released by the command in two months, thereby representing a 24. 8 percent increase when compared to the amount generated in the corresponding months of September and October 2022.
