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Half Year: Customs Revenue Rises By 34.1% At PTML Port

Jerry Emmason by Jerry Emmason
1 year ago
in Business
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The Ports Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service (NCS) has achieved a total collection of N204.72billion for the first half of 2025.

This is N52.1billion higher than the N152.6billion collected at the same period last year.

This showed a remarkable 34.1% increase in the first six months of the year above the 2024 figures.

Speaking to newsmen, the command’s Customs area controller, Compt. Tenny Daniyan said that despite initial challenges encountered while utilising the B’Odogwu platform, there have been improvements with over 90% stakeholder utilisation and compliance.

He also disclosed that the command generated N301.9 billion from the B’Odogwu platform since its November 11, 2024, rollout.

On trade facilitation, he revealed that since January, the command started receiving cargo from the far East/China in addition to Europe and American ships calling at the port.

The CAC affirmed that while the command holds the number one record of fastest cargo clearance time, two hours, in line with the Time Release Study, only declarations made with integrity can enjoy the benefits of faster clearance.

Speaking on the volume of trade, he announced that for the first six months of 2025, 52 vessels were berthed, 13,431 containers were received, and 30,400 assessments were made at the port.

He also stated that due to the command’s peculiar nature as the area for the pilot phase rollout for B’Odogwu, in line with directives from the Comptroller General of Customs, Bashir Adewale Adeniyi, they have intensified their existing stakeholders’ engagement through intensive training sessions for officers and customs agents.

“Despite the teething challenges we are surmounting as the pilot area of the B’Odogwu implementation, we have received increased user acceptance supported by sustained training and seamless user experience feedback.

“Despite these improvements in trading opportunities, our anti-smuggling and enforcement drives remain intact without compromise. The practical hands-on sessions have paid off, as most of our stakeholders are knowledgeable about the system and its workings. These training sessions are in batches and are still ongoing to ensure everyone is carried along,” he said.

 

 

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