By Godfrey Bivbere
As the controversy over the Container Tracking Note (CTN) rages, the management of Transport and Ports Management Limited (TPML) has said that the introduction of the new policy will not be an additional cost to importer.
Dr. Fiama Mshelia, Director of TPML who disclosed this in Lagos over the weekend, said that the revenue from the exercise which is inclusive of freight charges by shipping companies since 2002 would be deducted from shipping companies. Mshelia explained that countries that have not commenced the implementation of the CTN are being denied of the proceeds from the project.
On how the process works, the TPML boss said that it begins at the point of purchase before the goods are shipped. He noted that the first thing is for the inspectors to scrutinise goods to be imported into the country in verifying their quality, quantity, revenue collectable and security.
He pointed out that the process will as well checked the level of smuggling in the country. He also noted that the goods are then taken to the shipping company where officials of TPML then calculates the fee payable by the shipping company because the CTN is inclusive of the total freight rate.
He further disclosed that a cargo tracking number is then generated for the import with which the consignment is monitored until it gets to its port of destination. He insisted that the introduction of the CTN would not lead to increased cost of port operations but would in actual fact reduce the turn-around time for vessels bringing cargoes to the country.
Vanguard can authoritatively revealed that the project is expected to rake-in about N1,260,000,000 (six million euros) annually to the federal government as its 60 per cent share of the total sum of N2.1 billion revenue projection of the project.
A document presented to the board of the Nigerian Ports Authority (NPA) by the management of the TPML, shows that the company is expected to get 40 per cent of the total revenue collected. The document also explained that the project which isÂ web â€œhigh tech based for monitoring of import/export goods that allows generation of real time statistics.â€The CTNÂ â€œnotes the cargo type, origin, quantity, other shipment information and generates automatic information alert to the port of destination.â€