PTML records N10bn revenue in August

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The PTML area command of the Nigeria Customs Service said it generated N10.16 billion in the month of August, 2017 as against N6, 284 billion generated in the corresponding period of 2016 representing an increase of N38.14 billion.

Relations Officer of the command, Yakubu Muhammed said the amount was the highest revenue collected in a single month in the history of the command.

According to statistics made available to SHIPS &PORTS DAILY, while N59.55billion was collected from January to August this year, N38.69 billion was collected in the corresponding period of last year, showing an increase of 53.9 percent.

A breakdown of the figure also showed that for the month of January 2017, N6.933 billion was collected while N4.734 billion was collected in 2016. In February, N5.074 billion was collected as against N3.847 generated in the corresponding month of 2016.

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For March and April, N9.036 billion and N5.751 was generated while N4.856 billion and N4.138 was collected respectively in the same period of 2016.

In the months of May, June and July, 2017, N6.785 billion, N7.166 billion, and N8.647 billion were collected while N4.792billion, N5.110 billion and N4.926 billion were collected respectively.

Muhammed said the feat is as a result of increase in cargo throughput and diligence on the part of officers even as he expressed hope that with the current trend, the command will surpass its revenue target of N75.6billion for 2017.


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