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Customs generates N10.5bn at PTML

By Ifeyinwa Obi

LAGOS – The Nigerian Customs Service, NCS, Ports Terminals and Multi Services Limited Command, Tincan, led by Comptroller Nuhu Mahmoudu, has raked in N10.469 billion as revenue to the coffers of the Federal Government in the first quarter of the year.

The revenue was up by 25 percent (N2.106 billion) compared with N8.362 bn generated during the same period last year.

A break down of the revenue indicated that in January this year, N3.782bn was collected; N2.616bn was realised in February and N4.07bn  was generated in March as against N2.733bn in January last year, N2.457bn in February and N3.171bn in March last year, respectively.

The comparative analysis of revenue generation  by the Area Accountant, PTML  Area Command, Offor, B.K. also indicated that Negotiable Duty Credit Certificate, NDCC, amounted to N1.084bn in this quarter, compared with N546.6million, for the same period last year. This is an increase of N537. 8m. It was observed that during the period,  goods were not seized as contraband.

Ogbonna added that in the past three months, the command did not make any seizure.


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