Connect with us

Maritime

NPA Rakes In N163.5bn In Six Months

Published

on

The Nigerian Ports Authority (NPA) says it generated the sum of N163.5 billion revenue in the first half of 2021.
The Authority said the sum was generated between January and June 2021, representing 54 percent of its 2021 revenue target. 
General Manager, Finance, NPA, Emeka Ezugwu, disclosed this in Abuja during an interactive session on 2022-2024 Medium Term Expenditure Framework (MTEF) organised by the House of Representatives Committee on Finance. 
Ezugwu informed the committee that NPA’s 2021 revenue target was N301.7 billion, saying “as of June 2021, we have attained N163.5 billion. That should be 54% performance. We are on course to meeting the estimate”.
He said NPA generated N284.36 billion in 2018, N280.3 billion in 2019 and N303.58 billion in 2020. 
On the allegations by an official of the Fiscal Responsibility Commission (FRC), Bello Gulmare, that NPA failed to file its audited accounts for 2019 and 2020 and that it has a outstanding liability of N255 billion to settle with the Federal Government. Ezugwu said, “Our 2019 (accounts) has already been approved by the board, 2020 is ongoing. FRC has not done any reconciliation with the NPA for the past four years.
“The figure he is brandishing does not align with what we have. We have done reconciliation with Revenue Mobilisation and Fiscal Allocation Commission (RMFAC). 
“We are also engaging the Accountant General of the Federation office right now and we have a letter from them inviting us for reconciliation”.
Earlier, Chairman, House Committee on Finance, James Faleke, said FRC was the body statutorily empowered by the constitution to monitor remittances.
“By law, when it comes to remittances, this office (FRC) is superior to the Accountant General Office. This is a constitutional office, it is not just created by an act of the National Assembly.
“It is important that you reconcile with the FRC. You should be eager to reconcile with them. If their report is laid before the National Assembly and you are found wanting, it has consequences. So, reconcile within two weeks.
“We have ruled that we need a comprehensive list of all agreements reached by NPA with its tenants, indicating how much each of those tenants are supposed to be paying on a monthly or annual basis and copies of the agreements be attached. We need all the account details of the JVC accounts,” Faleke said. 
Also speaking, Deputy Chairman of the  committee,  Hon. Saidu Abdullahi, said NPA’s annual revenue target was unambitious. 
He said the Federal Government should give the agency “more ambitious revenue targets”. 

Continue Reading

Maritime

Fall Off Container Crushes Woman To Death

Published

on

Tragedy struck on Friday, when a fully loaded 40ft container fell from a Mack truck and crushed a woman to death along Lagos, Ibadan Expressway.
The Tide gathered  that the Mack truck was on high speed when the incident occurred around NNPC inward Alapere, Ogudu, along Lagos-Ibadan Expressway.
A statement made available to our correspondent in Lagos by the Director, Public Affairs and Enlightment Department of Lagos State traffic Management Authority (LASTMA), Mr. Adebayo Taofiq, said a fully loaded 40ft Mack articulated truck fell on a Nissan car with registration number ABJ 692BG and instantly killed a woman at the rear of the car, while the car driver survived unhurt with the support of LASTMA officials.
Taofiq confirmed that the driver of the Mack articulated truck with his motor-boy ran away immediately the fatal accident occurred.
He said, according to preliminary investigation, the truck while on a high speed lost control as a result of a brake failure and rammed into a moving Nissan car on motion by N.N.P.C inward Alapere, Ogudu, along Lagos-Ibadan Expressway, Lagos.
The rescue agencies at the scene of the crash were the LASEMA, Lagos State Ambulance Service (LASAMBUS), Lagos State Fire and Rescue Service and the Police.
Also at the accident scene were the LASTMA General Manager, Mr. Olalekan Bakare-Oki, LASTMA Director of Traffic Incidents, Event Monitoring, Enforcement and Compliance, Mr. Hakeem Adeosun, and the LASTMA rescue team.
General Manager of LASTMA, Mr. Olalekan Bakare Oki, however, warned motoring public, particularly truck drivers, to stop over speeding and ensure their vehicles are properly checked, including the braking system, before embarking on any journey within or outside the State.
The incident attracted passers-by, who thronged the scene lamenting the unfortunate incident, accusing men of the ports task force of negligence.

 

By: Nkpemenyie Mcdominic, Lagos

Continue Reading

Maritime

PTML Customs Posts N66.92bn Revenue In First Quarter 2024

Published

on

The Port Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service (NCS) has presented an impressive revenue record collection for the first quarter of 2024.
According to the Command, it collected the sum of N66,920,181,586.30 as total revenue for the quarter of 2024, which is N22,198,965,809.55 higher than N44,721,215,776.75 collected between January and March 2023, representing 49.6 percent increase.
The Customs Area Controller (CAC) of the Command , Compt. Saidu Abba Yusuf, who described the increase in revenue collection as a laudable feat , said the Command is more committed towards trade facilitation and support government drive for ease of doing business.
Comptroller Yusuf, who thanked the Comptroller General of Customs (CGC), Bashir Adewale Adeniyi, for initiating strategies to achieve faster cargo clearance, reiterared that PTML Command under his watch aims to surpass its record of three hour cargo clearance for compliant traders.
According to Yusuf, the launching of time release study (TRS), which is ongoing, and other deliberate efforts by the Comptroller General have contributed in the expansion of terminal space and promoting ease of doing business in PTML.
He also disclosed that the PTML Command has potentials to achieve two hour cargo clearance and surpass its existing three hours record, if port users compliance level is improved upon.
Comptroller Yusuf, who described PTML as one of the safest and most secure environment for RoRo (Roll On Roll Off) and general cargoes, also advised importets and their agents to take advantage of the incentives available for compliant traders such as fast track, advance ruling and possible migration to the Authorised Economic Operator (AEO) status.
He reminded port users in PTML of the robust and time conscious dispute resolution mechanism, which has contributed immensely to the revenue collection, trade facilitation and anti smuggling functions of the Command.
While commending the various government and private sector stakeholders for their cooperation and support towards realisation of government goal of revenue collection and prevention of unlawful activities, Comptroller Yusuf expressed optimism that the Command will surpass its annual target for the year.

Continue Reading

Maritime

Customs Comptroller Lauds Scanning Officers Over Efficiency

Published

on

The Customs Area Controller (CAC) of Apapa Customs Command, Comptroller Babajide Jaiyeoba, has commended the officers of the Non Intrusive Inspection Technology Unit (NIITU) for their invaluable contributions to the overall success of the Command.
Comptroller Jaiyeoba, who was on an unscheduled visit to the scanner site, reminded the officers of the importance of team work as a strong basis to sustain the gains of compliance and revenue collection recently recorded by the Command.
According to a statement by the Public Relations Officer, Apapa Command, CSC Abubakar Usman, Comptroller Jaiyeoba thanked Deputy Comptroller, Salamatu Atuluku, the Officer in Charge of scanning site, and encouraged the unit not to be deterred by complaints coming from persons who were made to pay accurate duties to government after issuance of demand notices.
The Customs boss stated that no business person who is made to part with money will be happy with officers that refused compromising the ethics of their job.
He noted that “The main reason for me coming here is to appreciate you. I may not see you, but I have seen your work and I won’t keep quiet about what I have seen about your work. You are doing very well. I just want to encourage you to work as a team. If you don’t work as a team, you give room for outsiders to come in and when they come in, they divide you, and when they divide you, achieving success will be very difficult.
“Do your work without blemish. Once you keep your arm straight, you can stand before anybody. Your work as a Customs Officer is to ensure that you do the correct thing.
“For those of you doing intervention in the form of Demand Notice (DN), there is no body who part with money that will be happy with you. They will want to play intelligent by hiding somewhere. When you fetch them from their hiding place, they become your enemy.
Whatever they write about anybody here will still come down to me and if anybody works well, the onus on me is to defend such a person .
“Just have it at the back of your mind that you owe yourself the duty of doing your work diligently whether anyone comes around as a friend or enemy. It is not enough for you to rest. The reward for hard work is more work. These demands require sacrifice so that you can maintain the status”.

Continue Reading

Trending