PTML Customs Surpass half Year Target with N15b, Collects N75.70b in Six Months

By Innocent Orok

Ports Terminal and Multiservices Limited (PTML) Command of Nigeria Customs Service has so far collected a total of N75,706,005,990 into the Federal Government coffers within the first six months of 2019.

According to the statistics from the Customs Area Controller of the Command, Comptroller Florence Dixon which was release by the Command’s Public Relations Officer, ASC Mohammed Yakubu indicated that the half year revenue collection is 30.7 percent higher than the N57,902,029,534 collected within the same period of 2018 . Therefore surpassing last year record with more than N15billion .

The PRO attributed the increase in revenue collection to higher volume of trade and uncompromising policy of the Area Controller in preventing revenue loss and trade facilitation. He also added that increased diligence on the part of the command’s officers also boosted the huge revenue output.

The breakdown of the revenue collection shows monthly increases in revenue in 2019 when compared to same period in last year. The Command recorded 49% increase in January 2019 with a collection of N14,850,154,616 as against N9,967,751,491 collected in January 2018.

It recorded a 38% increase in February 2019 with N10,024,673,259 as against N7,267,306,206. In March 2019 it collected N11,853,972,028 which is 41% higher than the N8,421,060,484.

In April, May and June 2019 ,it collected N13,282,567,334; N12,352,449,543 and N13,342,189,210 with percentage increases of 22% 13.7% and 26.8% above N10,858,205,216; N10,866,889,939 and N10,520,816,198 respectively