The Nigeria Customs Service (NCS) Lilypond Export Command (LEXC) has announced gains to the tune of over $937m in export activities for the third quarter (Q3) of 2024. The NCS disclosed this in a statement on Thursday, shared via its social media handle. It said that the achievement followed the consolidation of all export seats at customs commands around Lagos ports into the LEXC.
The Customs Area Controller (CAC) Comptroller Ajibola Odusanya, while speaking on the development, disclosed that the command facilitated agricultural and manufactured goods worth $937,357,129.90. The fund represented a 407.05 per cent increase, when compared to the $184,880,029.35 recorded in the second quarter of 2024. Odusanya attributed the achievement to enhanced efficiency following the consolidation of export seats at LEXC. He said, “The value of shipments in the third quarter saw a remarkable increase of 407.05%, from $184,880,029.35 to $937,357,129.90. This substantial rise can be attributed to enhanced efficiency following the consolidation of export seats at the LEXC.
“For the month of September 2024 alone, LEXC processed 3,363 export containers, with a total weight of 221,961.53 metric tons. The total value of exports declared for September amounted to $202,267,32 7.46.”
The comptroller noted that the sum of N1,493,326,491.83 Nigerian Export Supervision Scheme (NESS) Revenue was generated from September’s export activities. He stated that “The command also collected N88,337,1 76.00 in duties on exports of previously imported goods, based on the provisions of the 2022 Fiscal Policy.
“The primary benefit was the elimination of bureaucratic bottlenecks that previously hindered smooth export processes. The centralisation of export operations has allowed for faster processing times for export documentation, improved compliance with NCS guidelines, a more transparent and traceable export value chain.”
The Area Controller appreciated the resilience and dedication to duty of officers of the command while appreciating other regulatory agencies for their collaboration. He further assured the public of continued improvements to enhance Nigeria’s global competitiveness.
