PTML Customs collects N165bn revenue from 145 ships

The Nigeria Customs Service, Port and Terminal Multi-services Limited (PTML) Command has collected N165 billion in revenue within the first nine months of 2021.

The command also said it processed export goods of 118,460,38 metric tons, and Free on Board, FOB, value of N833 million.

According to the command, this becomes possible despite the harsh operating atmosphere occasioned in part by the Covid-19 pandemic and its attendant social and economic impact, and its overall adverse effects on international trade.

A statement by the Command’s Public Relations Officer, Yakubu, Mohammad, noted that the nine months figure represented a 20 per cent increase over the N138 billion collected within same period of last year.

Mohammed linked the rise in performance scorecard to strategies put in place by the Customs Area Controller, Comptroller Festus Okun, which enhanced the blockade of leakages; and improved the collection of identified shortfalls through demand notices, DNs.

The strategies according to the command’s spokesman, also include promotion of trade facilitation designed to achieve seamless cargo clearance for compliant importers without compromising national security and interest.