Lagos FTZ half-year revenue hits N138.179bn
The half-year revenue report of the Lagos Free Trade Zone (LFTZ) stands at N138.179 billion. The figure is against the N28 billion recorded in the same period in 2023. The 2024 half-year report has a surplus of over N110.162 billion, which is about 393.4 per cent increase when compared to the previous year. The Customs […]
lagos free trade zone
The half-year revenue report of the Lagos Free Trade Zone (LFTZ) stands at N138.179 billion. The figure is against the N28 billion recorded in the same period in 2023. The 2024 half-year report has a surplus of over N110.162 billion, which is about 393.4 per cent increase when compared to the previous year.
The Customs Controller, LFTZ Command, Olariwaju Olumoh, made the disclosure when he hosted the Zonal Coordinator of Zone A, Assistant Comptroller-General Saidu Yusuf, who was on an official working tour of the LFTZ command.
Comptroller Olumoh, while highlighting the revenue profile of the command, said from January to July, 2024, the command generated the sum of N138.179bn only against the N28bn which the command generated in the same period last year which represents 393.4 per cent increase.