Amidst Drop in Vehicle Imports, PTML Customs Targets N414billion for year 2024
Compt SA Yusuf, PTML Customs Area Controller
By DAPO OLAWUNI
The PTML Command of Nigeria Customs Service is targeting a humongous N414billion as revenue target for the year 2024 as handed down to her by the Customs headquarters.
Public Relations Officer of the Command, Chief Superintendent of Customs (CSC)Yakubu Mohammad confirmed this to DAILY TREND exclusively on Tuesday in Lagos.
According to him, the command is now required to generate not less than N1.5billion daily.
Meanwhile, separate findings conducted by our correspondent showed that vessels calls at the PTML Terminal has dropped drastically for the past three weeks.
The PTML Customs Command had recorded a remarkable achievement in revenue collection for the year 2023.
The command, under the leadership of Comptroller Saidu Abba Yusuf, collected a total of N256.3 billion in year 2023, surpassing the 2022 revenue collection by an impressive 12%.
Comptroller Yusuf highlighted that the 2023 collection is a significant increase of N26.9 billion compared to the previous year, demonstrating a robust growth trajectory in the Command’s revenue collection.
He emphasized the success of the command in fulfilling its core mandates, including revenue generation, trade facilitation, anti-smuggling activities, and national security.
A comparative analysis of revenue generated between January and December 2022 and 2023 reveals a consistent positive trend, with an overall increase of 12%. Noteworthy improvements were observed in various months, reflecting the command’s commitment to enhancing revenue streams.
On export trade and anti-smuggling activities, the Command handled a substantial volume of goods, with a total tonnage of 159,314.23 metric tons, valued at N49.98 billion in Free on Board (FOB) terms during 2023.
While the command’s anti-smuggling efforts yielded significant results leading to uncovering attempts to smuggle arms, ammunition, expired goods, and medical items through the Command. The seizures includes containers with used household items falsely declared as vehicles, concealed firearms, expired tomato concentrates, and illicit pharmaceuticals.The enforcement actions led to the arrest of five suspects, while the total Duty Paid Value (DPV) of the seized goods stood at N158.4 million.
The Command also maintained an efficient three hour clearance time for compliant traders, ensuring a smooth trade facilitation process.
The establishment of a Dispute Resolution Committee contributed to resolving trade disputes promptly.The command actively engaged with strategic stakeholders and partners, fostering collaboration with government agencies such as NDLEA, NAFDAC, SON, NPA, NESREA, and NAQS. Regular meetings served as platforms to discuss supply chain issues, share intelligence, and prevent revenue loss.
Comptroller Yusuf expressed gratitude to the Comptroller General of Customs, Bashir Adewale Adeniyi MFR, and the entire management team for their support and leadership.
“This impressive performance by PTML Command reflects a commitment to excellence, efficiency, and collaboration, positioning it as a key player in trade facilitation and revenue generation for Nigeria”, Comptroller Yusuf said.
Where the importation dey wey you want generate huge amount ,sir that’s no going area ,many importers have already looking for another business so don’t that idea of huge amount for revenue ok.thank
Its unfortunate how Buhari /Tinubu has destroyed Nigerias economy and yet bent on killing its citizens with goals & policies that encourage far greater inflation, Eye service ll not kill the Custom controler, he ll not tell them the truth! You target such revenue from where? How on earth lld Tinubu & cronie Buhari so destroy Nigeria economy that the Naira has become worthless to the tune of #1400 to one dollar and you expect to raise such revenue from your testicles or your pennis? Ook you ll keep increasing exchange rate on imported goods without prior notice on importers who planned their business before shipping and when they couldn’t mobilise fund to meet your increament they loose their goods to your high handedness and inconsideration where the same heartless you ll put their goods for auction! God ll judge you guys for the penury and hunger you ve advanced in Nigeria due to your psychophancy
What if Nigerian traders for your inconsistency and business destructive tendencies summon up the courage to pause import and export for one year??? God ll not forgive Buhari and Tinubu for the evil of foisting their nothing selves on Nigeria