NCS Ports Terminal revenue hits N45.4b in first quarter – The Ports Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service has made a total quarterly revenue collection of N45,403,648,698 for January to March 2020.
This was contained in a statement made available to reporters yesterday.
The statement, signed by Mohammed Yakubu, Customs Public Relations Officer for the command, attributed the improved collection when compared to the same period of 2019, to volume of transactions and revenue generation strategies put in place by the Customs Area Controller of the command, Comptroller Festus Okun.
Yakubu, in the statement, said the first quarter collection is 24 per cent higher than the N36,728,799,903 collected in the first quarter of 2019 with a difference of N8,674,848,966.08.
A further comparative breakdown of the quarterly collection shows a total of N14,850,154,616 collected in January 2019, which was surpassed by 11 per cent in January 2020 with N16,456,582,954.22.
In February 2019, the command collected N10,024,673,259, while N13,300,872,189.64 was collected same period in 2020 with 33 per cent increase.
In March 2019, the command collected N11,853,972,028 and surpassed it with 32 per cent in the same period of 2020 with collection of N15,646,193,726.04
According to the statement, Comptroller Okun urged officers of the command to continually facilitate trade without compromising government revenue and national security.
Okun assured that PTML will remain a model port for seamless clearance of automobile cargoes being one of the country’s major Roll-on Roll-off (RoRo) port.
He assured importers and licenced customs agents of robust customs community relations, regular interactions and application of effective trade dispute resolution mechanism at all times.
While thanking the officers for their diligence and commitment to duty in realisation of the increase in collection, Okun said efforts are being intensified to detect and plug any area of revenue leakage.