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PTML Customs nets N36.7b revenue in first quarter

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The Ports Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service has collected a total of N36,728,799,903 for the first quarter of 2019

The collected figure is 43 percent higher than the N25,656,118,181 collected between January and March 2019 by the command.

According to a statement made available by the Customs Public Relations Officer for the Command, Mohammed Yakubu,it shows a difference of N11,072,681,722 between last first quarter 2018 and 2019 collections.

A breakdown of the monthly collections, according to the statement, indicates that N14,850,154,616 was collected in January 2019 which is 49 percent higher than N9,967,751,491 collected same period in 2018.

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In February 2019 the command collected N10,024,673,259 which is 38 percent higher than N7,267,306,206 collected in February 2018.

In March this year,a total of N11,853,972,028 was collected. The March figure is 41 percent higher than N8,421,060,484 collected same period last year.

Yakubu said the increase in revenue is due to higher cargo throughput and improved diligence on the part of the command’s operatives

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