PTML Customs Command Boasts Record Revenue Collection, Focuses on Trade Facilitation

By: Joy Enamuna, Lagos

The Port Terminal Multi Services Limited (PTML) Command of the Nigeria Customs Service (NCS) has announced a remarkable achievement in revenue collection for the first quarter of 2024. With a total revenue of N66,920,181,586.30, the command has surpassed last year’s figures by N22,198,965,809.55, marking a significant 49.6% increase over the same period in 2023.

Comptroller Saidu Abba Yusuf, the Customs Area Controller (CAC) of the command, hailed this impressive growth in revenue collection as a commendable milestone. He emphasized the command’s unwavering commitment to trade facilitation and its alignment with government initiatives to enhance the ease of doing business.

Under Comptroller Yusuf’s leadership, the PTML Command aims to exceed its previous record of three-hour cargo clearance for compliant traders. He credited the implementation of the time release study (TRS) and other strategic initiatives initiated by the Comptroller General of Customs, Bashir Adewale Adeniyi, MFR, for the expansion of terminal space and the promotion of business-friendly practices at PTML.

Looking ahead, Comptroller Yusuf expressed confidence in the command’s ability to further streamline operations, potentially achieving a two-hour cargo clearance timeframe with improved compliance from port users. He encouraged importers and their agents to take advantage of incentives available to compliant traders, such as fast-track processing, advance rulings, and eligibility for the Authorized Economic Operator (AEO) status.

Highlighting PTML as a safe and secure environment for RoRo (Roll On Roll Off) and general cargoes, Comptroller Yusuf emphasized the importance of adherence to regulations and

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