Business
PTML Customs Targets 2-hr Clearance Time For Vehicles, Generates N66.9b
described the increase in revenue collection as a laudable feat.
The Port Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service has collected N66,920,181,586.30 as total revenue for the first quarter of 2024, which is N22,198,965,809.55 higher than N44,721,215,776.75 collected between January and March 2023, representing 49.6 percent increase.
The Customs Area Controller (CAC) of the command, Comptroller Saidu Yusuf, in a press statement signed by the Command’s Spokesperson, Chief Superintendent of Customs Muhammad Yakubu, on 13 April 2024, described the increase in revenue collection as a laudable feat.
Comptroller Yusuf, while commending the Comptroller General of Customs, Bashir Adewale Adeniyi, MFR, for initiating strategies to achieve faster cargo clearance, assured that PTML Command under his watch aims to surpass its record of three-hour cargo clearance for compliant traders.
“The launching of time release study (TRS), which is ongoing, and other deliberate efforts by the Comptroller General have contributed to expanding terminal space and promoting ease of doing business in PTML.
“The PTML command has the potential to achieve two-hour cargo clearance and surpass its existing three hours records if port users compliance level is improved,” he said.
Comptroller Yusuf, who described PTML as one of the safest and most secure environments for Roll On Roll Off (RoRo) and general cargoes, also advised importers and their agents to take advantage of the incentives available for compliant traders such as fast track, advance ruling and possible migration to the Authorised Economic Operator (AEO) status.
He reminded port users in PTML of the robust and time-conscious dispute resolution mechanism, which has contributed immensely to the revenue collection, trade facilitation, and anti-smuggling functions of the command.
While commending the various government and private sector stakeholders for their cooperation and support towards the realisation of the government’s goal for revenue collection and prevention of unlawful activities, Comptroller
Yusuf expressed optimism that the command will surpass its annual target for the year.
He described the importation of vehicles meant for Nigerian roads into neighbouring countries with the intent to smuggle them through unapproved roads into Nigeria as unpatriotic and an act of economic sabotage as the command has the capacity for seamless and efficient processing of such automobile cargoes.
For the second quarter and first half of the year, the CAC enjoined command officers to maximally deploy available technology and rededicate themselves to the job to achieve more.
He reminded port users that there is increased anti-smuggling vigilance to uncover concealment such as under declaration and smuggling of prohibited items. The CAC added that any discovered infraction will fully evoke the Nigeria Customs Service Act (NCSA) 2023, where there are spelt-out penalties.
