Home » Maritime » Customs » PTML Customs receives 95 Vessels, Collects N104.64b in half year 2021

PTML Customs receives 95 Vessels, Collects N104.64b in half year 2021

Spread the love

By Innocent Orok

Comptroller Festus Okun

The Port Terminal and Multiservices Limited (PTML) Command of the Nigeria Customs Service (NCS) has collected a total sum of N104,649,202,251 as revenue to the Governments coffers for the first half of ( January- June), 2021. The figure represents 19.2% increase above the N87,818,715,599.45 that was collected within the same period of 2020.

According to a statement from the Command’s Public Relations Officer Mohammad Yakubu, it reads “the increase in revenue collection is due partly to operational strategies deployed by the Customs Area Controller, Comptroller Festus OKun, to prevent revenue leakages, promote trade facilitation and achieve seamless cargo clearance for compliant importers.”

Adding that it is attributable to the volume of trade which saw comparative increases in monthly collection from March 2021, after initial revenue shortfalls in the earlier months of January and February when compared with 2020 collection.

A comparative breakdown of month by month revenue collection of of the Command in year 2020 and 2021 shows N16,456,582,954.22 in January 2020 which was 7.6 percent higher than N15,205,823,545 collected in January 2021. Last year’s February collection was N13,300,872,189.64 also higher by 11.9 percent than the N11,706,947,150 of February this year.

The command recorded a surge of increases in monthly collection from March to June of year 2021 compared to what was collected same period of year 2020. While the revenue collections from Demand Notices (DN) from uncovered revenue shortfalls within the period amounted to N499,376,085

In March 2021, the command generated N19,937,869,175.00 which is 27.4% higher than N15,646,193,726.04 of March 2020. In April this year, the command collected N17,938,794,417 which is 59.6% higher than the N11,241,400,911.00 of last year. While for May and June 2021 the command collected N17,606,073,741.00 and N22,253,694,223.00 which are 28.9% and 27.1% above 2020 collections of N13,661,428,914.48 and N17,512,236,904.07 respectively.

On the number of vessels that berth at the Command, a total of 95 ships berthed at the PTML terminal carrying 17,717 containers and 118,431 imported vehicles between January and June 2021.

In the area of export, the Command handled export goods with a total tonnage of 77,000.23 metric tons, with a total Free On Board (FOB) value of N55, 546,188,324.64 only.

Comptroller Okun commended the Officers and Men of the command for their patriotism and commitment to national interest, while urging them to double their efforts to achieve a more resounding feat by the end of 2021.The Controller described PTML as a model port with many advantages for Importers and exporters, and urged them to increase their level of compliance.

He reiterated that the four hour clearance time for compliant Roll on Roll off (RoRo) cargoes is very much subsisting, adding that command provides opportunity for vehicles importation with speedy clearance being a model RoRo port that should discourage car smuggling through the land borders.

Leave a Reply

Your email address will not be published. Required fields are marked *