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Home Economy

PTML Customs Command Records N204.7 Billion Revenue in H1 2025

Stephen Akudike by Stephen Akudike
July 17, 2025
in Economy
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The Ports & Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service (NCS) reported a revenue collection of N204.7 billion for the first half of 2025, a 34.1% surge from the N152.6 billion collected in the same period of 2024. The N52 billion increase was announced in a statement by the Command’s Public Relations Officer, Abdullahi Abubakar, on Wednesday.

Customs Area Controller Tenny Daniyan attributed the growth to enhanced stakeholder compliance with the B’Odogwu platform, a trade facilitation system launched in November 2024. Despite initial challenges, over 90% of stakeholders have adopted the platform, generating N301.8 billion since its inception. Daniyan noted that the Command handled 52 vessel berthings, 13,431 containers, and 30,400 assessments from January to June 2025, maintaining a record-breaking two-hour cargo clearance time for genuine declarations.

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The PTML Command, a pilot site for B’Odogwu, has intensified training for officers and customs agents to ensure seamless adoption. “Ongoing training sessions have boosted user acceptance and system knowledge,” Daniyan said, emphasizing that anti-smuggling efforts remain robust. The platform’s success has positioned it as a transformative tool for trade and revenue collection.

Daniyan also commended Comptroller-General Adewale Adeniyi for his recent appointment as Chairman of the World Customs Organisation Council, noting that NCS’s achievements under his leadership are gaining global recognition. The Command’s expanded cargo operations, now including shipments from the Far East and China alongside Europe and America, further underscore its role in Nigeria’s trade ecosystem.

The revenue growth reflects improved trade facilitation and compliance, though Nigeria’s economic challenges, such as inflation and naira volatility, continue to test the sector’s resilience. The PTML Command’s performance signals a positive outlook for customs revenue in 2025.

 

Tags: PTML
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