24.1 C
Munich
Tuesday, July 22, 2025

H1’25: PTML Customs records over 34% revenue growth

Must read

By Cynthia Alo

The Ports Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service (NCS) has recorded a 34.1 per cent increase in revenue collection for the first half of 2025, H1’25, amounting to N204.7 billion, compared to N152.6 billion collected during the same period in 2024.

In a statement signed by the Customs Public Relations Officer, PTML Command, SC Abdullahi Abubakar,  Comptroller Tenny Daniyan, Customs Area Controller of the Command, attributed the success to improved compliance by stakeholders and the deployment of the home-grown digital platform,  B’Odogwu, an automated revenue system.

Daniyan stated that the Command has so far generated N301.8 billion on the  B’Odogwu  platform since its rollout on November 11, 2024, despite initial teething challenges.

According to him, more than 90 per cent of stakeholders are now utilising the platform effectively.

He stated: “Despite the teething challenges which we are surmounting as the pilot area of the  B’Odogwu  implementation, we have received increased user acceptance supported by sustained training and seamless user experience feedbacks.”

Highlighting achievements in trade facilitation, Daniyan noted that the PTML Command has expanded its trade corridor to include cargoes from the Far East and China, in addition to existing routes from Europe and America.

He added, “Despite these improvements in trading opportunities, our anti-smuggling and enforcement drives remain intact without compromise”.

He reaffirmed that only declarations made with integrity can benefit from the command’s industry-leading two-hour cargo clearance time, as recorded in the Time Release Study (TRS).

Within the review period, the command handled 52 vessels, received 13,431 containers, and recorded 30,400 assessments.

The post H1’25: PTML Customs records over 34% revenue growth appeared first on Vanguard News.

Sponsored Adspot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Sponsored Adspot_img

Latest article