N213bn revenue generated from PTML Command in 11 months – Nigerian Customs

The Port Terminal Multiservices Limited, PTML Command of the Nigeria Customs Service, has released the revenue generation scorecard of the Command from January to November 2022.

Speaking during the weekend in Lagos, the Customs Area Controller of the PTML Command, Comptroller Suleiman Bomai, said a total sum of N213,405,461,873.00 was collected as revenue between the months of January and November 2022, compared to the same months in 2022 at N205,157,478,605.00.

The difference in figures, he said, showed an appreciation of N8,247,983,268.00 translating to an increase of 4%.

“I love challenges, and I would have loved to double that figure, which we can do, but the volume is another thing. If the volume could have remained the way it was, I would have generated at least N1b in this command. But because of the volume, I interfaced with Grimaldi, and they told me about the external and internal factors limiting vehicles.” He revealed.

Similarly, Bomai, while engaging stakeholders, harped on the need for constant engagement as directed by the CGC, Col. Hameed Ali (rtd). He said it is imperative to always look at any loopholes and attend to them immediately.

“Since the inception of this regime, the CGC has directed that there must be engagement because we have looked at the gaps which stem from lack of engagement between the NCS and the stakeholders. We also have strategic partners, who have some government agencies that work with us, and there must be cooperation and synergy, and we cannot achieve that without engagement. The idea of engagement is, let us review what we have done, issues at stake, challenges, and strategies to move forward, and it has to be constant because trade is dynamic.” he reiterated.

He explained that Nigeria used to be dependent on forex from oil, as over 90% of the country’s revenue was generated from it, but was taken aback by the global shock, which affected prices and values of the oil