PTML Collects N205b in 11 Months As Comptroller Okun Harps on Compliance

The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service has collected a total of N205,157,566,605 as total revenue from January to November 2021 with a charge by the Customs Area Controller, Festus Okun, to all stakeholders to continually increase their compliance level.

The collected figure is twenty one percent higher than the N169,160,504,980 collected from January to November 2020 with a difference of N35,997,061,062.

According to the Area Controller, the increase in revenue collection is due to a combination of higher volume of trade, improvement in compliance level and strategies put in place to achieve prevention of leakages.

He lauded the stakeholders for taking advantage of the improvement in cargo clearance, especially vehicles that are exited from the customs zone within four hours.

Comptroller Okun said “I must commend the importers and agents using our port for the improvement recorded in compliance. Most of the regular cases of infractions being taken to enforcement for appropriate sanctions when I resumed newly, have become things of the past.

” It is pertinent to remind them that they make more profit and save time for their businesses when they comply and this strategy is paying off for them

“What we do to non-compliant people is to give them the maximum Demand Notices concerning their infractions with the appropriate penalty, which is 25% of total duty accessible.

“When we discovered that this was not even punishing them enough, we introduced a system where we make sure that you go through series of processes that might keep you probably a week or two longer in the system. By this, you incur more expenses for your importer who may not likely to give you another cargo to clear, which means that you’re sending yourself out of the market.

“So, we ensure that if you comply, you get the best of the services possible within 24 hours which promotes you as an efficient operator. But when you try to circumvent the system and you’re delayed, it sends a signal that you’re not a transparent agent or cargo handler, so you will be losing in the market.

” Since nobody wants to lose in the market, people are queuing into the system, and now we’re almost achieving an equilibrium where everybody knows the right thing to do. This is a win, win for them and the government” the CAC concluded

The CAC at a recent meeting with officers of the command commended their commitment to work and urged them to keep making the PTML user friendly as they have always done