Nigeria Custom Command gets revenue boost, rakes N40Billion

LAGOS-In spite of the nationwide strike actions at the beginning of the year, the Ports and Terminal Multiservices Limited (PTML) command of the Nigeria Custom Service says it has experienced a boost in its revenue realization drive compared to how it fared last year.

In its half year report signed by the image maker of the command, Mr. Steve Okonmah and which was made available to Biztellers, the command generated the sum of N33,716,362,583.00 as revenue from January to June year 2012 as against the sun of N21,651,058,109.00 it realized between same period in 2011.

A further analysis of the figures shows that there has been a 56% increase in revenue to the tune of N12, 056,304,474.00 for the corresponding year.

According to the report, the command has also generated the sum of N6, 605,596,590.00 as revenue for the month of July as against the N4, 129,696,866.00 it realized in the same month of last year. This shows an increase of 60% in revenue to the tune of N2, 475,899,724.

Within the period under review, the command also reports that it has impounded three 40foot containers and one 20foot container for false declaration and containing prohibited items. The seizures collectively had Duty Paid Value of N30, 868,532.00.

Okonmah however explained that the achievement recorded at the command so far is due to the relentless effort of the Customs Area Comptroller of the command, Compt. Tunji Aremu in making sure that there is a solid relationship between the major players at the command.

The Comptroller is “bringing together and strengthening the peace and harmony existing between the stakeholders, service providers, terminal operators and the officers of the command” he said.

Continuing, he promised that “there is still room for improvement and by the grace of God, and also owing to the leadership style of the Area Controller Tunji Aremu, we shall not only meet our target but we shall surpass it” he said.

 

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