CAC Babajide Jaiyeoba Maintains Higher Revenue Target for Apapa Command
Babajide Jaiyeoba who assumed duty as the Apapa Command Area Controller in the middle of September, 2023, is a Controller known for raising the revenue profile of any command he is made to head. From a target of N1.426 trillion given to the command by the Customs headquarter, he gave himself a target of N1.5 trillion. Within two weeks of his arrival as CAC, Apapa command, the command made N91.8 billion to bring the total revenue for September to 109 billion.
By mid day October 31, 2023 the Customs Area Controller of the Apapa Command, Comptroller Babajide Jaiyeoba at a meeting with members of the League of Maritime Editors, LOME, at his office in Lagos, disclosed that the Command had collected N136.39 billion as revenue as against the N109 billion, it recorded last month, thus surpassing its N118. 8 billion, monthly revenue target.
It would be recalled that there was five days strike experienced at the Port in October 2023 among other challenges like the high exchange rate of the naira. Notwithstanding, the Apapa Command still exceeded its’ revenue target by about 26 billion in October, 2023.
Jaiyeoba, noted that the Command was able to achieve an increase in revenue and surpassed its monthly revenue target in October, as a result of the various measures he adopted. This he noted led to an improvement in Due Diligence among the agents and importers using the services of the Command.
Jaiyeola equally noted that in spite of the exchange rate issue which has affected the volume of imports into the country, it was to the credit on the part of the officers and importers that the Command is experiencing an increase in revenue generation, a development which he said made the command to record the highest revenue of N9.7 billion in one day.
Furthermore, he disclosed that the clearing agents have been complying with the Command’s advice on honest declarations. This he said has made it possible for goods to be cleared in good time without unnecessary delays. A development that has impacted on the revenue of the Command despite the reduction in the volume of imports, he noted.
Earlier, President of the League of Maritime Editors, High Chief Timothy Okorocha while congratulating the Area controller on his appointment said ” it was based on merit and track records of performance by Comptroller Jaiyeola. He also noted that Jaiyeola appointment was one of the best by the Comptroller General of Customs Bashir Adewale Adeniyi, MFR. He further briefed the customs boss on the 25th anniversary of the League that is expected to draw maritime stakeholders and other personalities to Asaba the Delta State capital next month where the Marine and Blue Economy, the state of the Delta ports, the Customs and Excise Management Act among others will be addressed
The theme of the League’s 25th Anniversary which is OPTIMUM HARNESSING OF NIGERIA’S POTENTIALS IN THE MARITIME AND BLUE ECONOMY, which comes up in December in Asaba, the Delta State capital, has the Minister of Marine and Blue Economy, His Excellency, Adegoroye Oyetola, as Special Guest of Honour, Governor Douye Diri as Chairman while his Delta State counterpart, Rt Hon Sheriff Oborevwori will be the Chief Host