NLNG Corporate Caring banner First bank SME Connect Fidelity bank card banner Emerald Energy Institute Camano banner

Border closure: Used vehicles flood Apapa port

By Bayo Akomolafe on 18/10/2019

Gmail icon

Views: 896


No few than 5,200 used vehicles have been imported within the last two months through the Port and Terminal Multi-services Limited (PTML) Tincan Island Port following the closure of Nigeria’s land borders.

The imports have boosted Nigeria Customs Service (NCS)’s revenue at PTML.

It was gathered that within the last two months, the Service had generated N25.8 billion at the terminal from vehicle imports.

In August, it collected N12.6billion and in September, N13.2 billion.

According to NCS, a total of N116 billion was generated from vehicle importation between January and September 2019.

The revenue was N28.91 billion higher than the N87.60 billion collected in 2018.

Last month, eight roll-on roll-off vessels berthed at the port terminal with 2,950 used vehicles.

The vehicles were shipped into the country by Grande Togo with 350 units; Hoegh Xiamen, 400 units; Grande Tema, 400units; Grande Cameroon, 350 units; Grande Lagos, 400 units; Rep Del Brasile, 300 units; MSC Christiana, 400 units and Grande Congo, 350 units.

Also in August, 2,250 units of used vehicles were off loaded from six ships with Heogh Xiamen leading with 400 units; Grande Tema, 400 units; Grande Lagos, 400 units; Grande Morocco, 350 units; Grande Ghana, 350 units and Grande Togo, 350 units.

According to the command’s spokesman, Yakubu Mohammed, its monthly revenue target was N10.3 billion.

A breakdown of the revenue revealed that the command generated N 14.8 billion in January; February, N10 billion; March, N11.8 billion; April, N13.2 billion; May, N12.3 billion; June, N13.3 billion; July, N14.8 billion; August, N12.6 billion and September N13.2 billion.

Meanwhile, PTML has reduced tariffs for all categories of vehicles, which had been rooting away at the port for over a year at the terminal.

Investigation revealed that the tariffs were offered in order to create space for the new imports.

The cut rate per unit tariff for cars is N75,000; vans, N100,000; trucks/trailers/bus, N150,000 and plants, N300,000.

According to the PTML’s General Manager, Tunde Keshinro, the terminal handled 159,000 units of vehicles in year 2018.

However, it was gathered that most of the vehicles were of low grade.

It was revealed that PTML took delivery of 269,000 units or 65.53 per cent of the 410,443 units that entered the country between 2017 and 2018.

In 2018 alone, no fewer than 229,690 units were imported through the seaports, while some 180,753 units of vehicles were imported in 2017.

Findings by New Telegraph revealed that PTML alone received 159,000 units in 2018 and 110,000 units of vehicles in 2017.

Also, data obtained from United Nations Comtrade portal revealed that two countries- United States and China, exported N357.7 billion ($980 million) to Nigeria in the period.

United States exported $581 million, while China brought $399 million vehicles into the country between 2017 and 2018. (New Telegraph)

Source News Express

Posted 18/10/2019 7:22:03 PM

 

 

CLASSIFIED ADS

 

You may also like...
2019 elections: JESAC to mobilise 24m voters for...

NAF acquires, reactivates 5 additional air craft to...

Biafra: Kanu to tour Australia, New Zealand in...

Nigerians created rift between Obaseki and I —...

Justice Minister slams Dasuki, vows to revisit past...

Corruption fights back: Punch, Saharareporters and Premium Times...

Gunmen abduct another set of Ekiti LG officials...

We remain Senators despite Supreme Court ruling —Stella...

Why FG doesn’t honour agreements: ASUU

EFCC nabs 19 internet fraudsters, pants, fetish materials...

NOOSE TIGHTENS ON BOKO HARAM •Survivors on the...

Controversy trails AGF’s statement on Maritime University

 

Latest News Obi, Adegboruwa, Okei-Odumakin, Maidugu electrify audience at 7th News Express Anniversary Lecture 2019 Presidential Election: Why we dismissed Atiku’s petition against Buhari — Supreme Court Delta Guber: Okowa floors Ogboru at Appeal Court Nine-year-old genius set to graduate from university Dismissed soldier, two-month-old baby detained for alleged armed robbery ICPC Uncovers N12bn Salary Fraud in MDAs Nigerian surgeons rescue bricklayer with hammer stuck in his neck Confessions of a Church General Overseer: Why I started selling unborn babies Suspension of Obaseki, others null and void – South-South APC Bayelsa Election: APC Is Still In Race, Says Oshiomhole NAF jets track down fleeing terrorists in Borno Guber Election: Cover your faces in shame, Kogi PDP tells APC leaders •Tells Kogi people not to be deceived

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (562,241 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,052 views) Shameless Genevieve Nnaji exposes breasts in public (401,085 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (335,333 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (303,395 views) 10 cars more expensive than Jets (280,414 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (258,664 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (256,813 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,308 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (224,672 views) Lagos plane crash: Journalist releases victims’ names (201,245 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,004 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (108) Business & Economy (4,569) Business Verdict (86) Columnists (1,143) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (703) Features (844) Global Business Monitor (493) ICT Monitor (67) International (4,206) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (481) News (53,962) Opinion (1,418) Pidgin (17) Politics (11,729) Religion (1,119) Sports (2,224) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera