Maritime
Tincan Port Customs records N29.1bn export revenue in 3 months
By Richards Adeniyi
The Tincan Island Port Customs Command in Lagos recently said it recorded N29.146 billion from export goods between January and March this year, as against N7.246 billion in the corresponding period in 2017.
The Customs Area Controller, Mohammed Musa, told the Press that the exports, mainly agricultural and manufactured goods, were processed on Free On Board (FOB) basis.
Musa said the command processed 45,462 metric tons of good for export in the first quarter of 2018 as against 8,140.6 metric tons in the corresponding period in 2017.
“Agricultural products being exported are; cashew nut, rubber, hibiscus flower, cocoa butter, sesame seed, processed wood, frozen shrimps and processed leather.
“While the exported manufacturing products are; empty bottles, biscuits, cigarette, polyethylene, billets, soap, hair cream and tissue paper,” Musa said.
He urged Nigerians to key into the Federal Government initiative and participate more in exportation to improve the economy.
-
Football7 days agoSuper Falcons target World Cup play-off spot against South Africa
-
Business1 week agoBigi, Fearless take campus engagement to new level, reach 20 tertiary institutions
-
Featured5 days agoOsun 2026: What the battle could signal for 2027 general elections
-
Business6 days agoWho is really benefiting from Nigeria’s economic reforms?
-
Business6 days agoOPay transactions surge 115% to $358bn as Fintech eyes $4bn US IPO
-
Featured5 days agoOsun Election: How poverty turns ₦20,000 into a powerful vote-buying tool
-
Latest4 days agoCoca-Cola faces backlash over alleged AI filter blocking Christian messages
-
Business6 days agoDeep offshore tax order to unlock $50bn investment, boost oil output–Ojulari


