Customs & ExciseHeadlinesNews Customs revenue at PTML shoots up by 29.4% In September By maritimemag October 21, 2019 ShareTweet 0 Abiola Seun The PTML command of the Nigeria Customs Service (NCS) has recorded a 29.4 percent increase in revenue. This was an increased from N12.6 billion in August to N13.3billion in September making a 29.4 percent increment in between the two months. According to a statement made available to journalists over the weekend by the Public Relations Officer of the Command, Yakubu Mohammed, the PTML Command generated N116.5bn as revenue between January and September 2019.This is an increase of N 28.9bn against the N 87.6bn that was generated in the corresponding period of 2018. According to the statement, the command generated N15billion in January, N10 billion in February, N12billion in March, N13billion in April, N12billion in May and N13billion in June. In July, the command generated the highest revenue at N14billion, N12billion at August and N13billion in September 2019. PTML is a vehicle import terminal and the increase in revenue has been attributable to increase in vehicle imports through the seaports. Mohammed further added that the concerted effort of the Area Controller, Florence Dixon, also contributed to the increase in revenue. Yakubu who explained that the Command’s monthly revenue target is N 10.3bn ,said the increase in revenue was a result of increasing cargo throughput into the command. He reportedly said that before the recent border closure, people had called to say they wanted to bring in their cars through the seaports to avoid embarrasement. He said, “The throughput of cars coming into the seaport is increasing, I don’t know if it is because of the closure of the land borders, but I know that our revenue has shot up and the cargo throughput has improved.” “The total sum of N 116.5billion was raked into the Federation account in the Months of January- September 2019, compared to January- September 2018, N87.6billion with a surplus value of N28.9billion. This shows a 33% increase in revenue in the comparison. The above feat is a result of increase in cargo throughout and diligence on the part of officers and men. He added that since the coming onboard of Dixon, all officers had been sensitised to make sure that the Command surpassed its monthly revenue target. He added, “Anytime I enter into her office, she is always on the system where she looks out for infractions, under payments or anything, she would revert to the releasing officer for Demand Notice to show that there are lapses on the payment.” © 2019, maritimemag. All rights reserved.
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