25 Banks Join Nigeria Customs’ B’Odogwu Trade Platform
—PTML Customs Debunks Claims of Stranded Vessels
—Command Records Highest Monthly Revenue of ₦44.9 Billion in November 2024
By DAPO OLAWUNI
The Port Terminal Multiservices Limited (PTML) Area Command of the Nigeria Customs Service (NCS) has announced the onboarding of 25 banks to its new Unified Customs Management System, B’Odogwu, as part of efforts to enhance trade facilitation and revenue generation.
Speaking at a press conference on Wednesday, Comptroller Tenny Daniyan, Customs Area Controller of PTML Command, debunked claims that four vessels were stranded at sea due to issues with the platform. Daniyan clarified that vessel turnaround time has improved since the system’s launch.
“The allegation that vessels are stranded due to B’Odogwu’s failure is completely false. Vessels have been discharging and departing efficiently. In fact, the first transaction on this platform saw a payment of over ₦2.55 billion,” he said.
According to him, the new platform has significantly boosted revenue, with PTML Command recording its highest-ever monthly revenue of ₦44.9 billion in November 2024.
Daniyan attributed this success to increased transactions and diversification of imports.
“We’ve never had it this good. B’Odogwu has brought additional streams of revenue by facilitating shipments from China and the East. This is a game-changer for us,” he added.
While acknowledging some teething challenges with the system, Daniyan confirmed that 25 banks are now on board, ensuring smoother transactions for importers and agents. The system is expected to be rolled out to other commands, including Tin Can Island and Apapa Ports, once the pilot phase is perfected.
“We are committed to getting it right here at PTML before expanding to other ports. This is a Nigerian-designed system, and we must make it work,” Daniyan emphasized.
The Customs boss addressed reports of difficulties experienced by some agents, attributing them to a lack of registration on the platform.
He assured stakeholders that an implementation team is on ground to assist users, urging agents to familiarize themselves with the platform.
“B’Odogwu is a Nigerian innovation that requires our collective support. We are not going back to the old NICIS II system. While challenges exist, we are solving them as they arise, ensuring a seamless process for all stakeholders,” he said.
Daniyan noted that PTML Command has taken proactive steps, including manual processing of cargoes and collaboration with terminal operators, to minimize disruptions and maintain trade facilitation.
The CAC reiterated the command’s dedication to maintaining a balance between trade facilitation and national security.
He disclosed that 292 bills of lading were captured in November, while 375 remain pending. Over 98 importers have paid duties via the B’Odogwu platform so far, with more banks joining to enhance payment options.
“Our turnaround time for properly declared Roll-on/Roll-off (RoRo) cargo remains two hours, provided compliance is ensured. However, national security and revenue will not be sacrificed,” Daniyan concluded.