Customs Data Shows 160.61% Drop In Vehicular Imports At Lagos Port In 2 Years

Data from the Ports and Terminal Multiservices Limited (PTML) command of the Nigerian Customs Service (NCS) has shown that importation of vehicles handled at the terminal dropped by 160.61 per cent between 2013 and 2015.
In 2013 the command handled a total of 172,000 units of both used and new vehicles. This went down to 126,000 units in 2014 and in 2015, the number of vehicles imported through the terminal was just 66,000 units showing a huge drop of 160.61 per cent.
The PTML customs command lamented that the lull in importation of both new and used vehicles has also negatively affected revenue collection.
The PTML Customs spokesman, Mr. Steve Okonma blamed the country’s automotive policy which he said had affected vehicle importation at the terminal.
There two terminals majorly handling importation of vehicles, namely, Five Star Logistics and the PTML and both are operating at the Tin Can Island Port near Apapa, Lagos. The two terminals are currently technically down in operation, as most importers of vehicles now patronize the Port of Cotonou and bring in the vehicles, mostly used ones by land.
According to Okonma, in 2015 vehicle importation through the terminal further experienced a drop due to the dwindling fortune of the Naira. Apart from the drop in vehicles importation to the terminal in the years under review, Okonma further stated that containers import also suffered similar decline.
He however explained that despite the decline in vehicle importation, it takes just two days to clear vehicles from the terminal, which in turn has made PTML the best in Roll-On Roll-Off (RORO) operations in Nigeria.
“Once a vehicle is examined at the terminal the next step is to release that vehicle if there is no discrepancy inside the vehicle. Primarily the terminal is for car importation and with the policy of the federal government so many shippers prefer their vehicles to go to Cotonou, ordinarily because of the low duty they pay over there,” Okonma said.
He noted that the presence of the shipping company at the terminal unlike others had helped to ease  clearance of the vehicles.
“Low cargo throughput is our major challenge here because if the cargo are there we have competent officers who are ready to work. This is a command that you can take your vehicles out of the terminal under two days. We have experimented it with some journalists recently and when we talk about 24 hours clearance of vehicles, I can say yes we can move your imported vehicle out of the customs zone under 24 hours,” he said.

Leave a Reply

Your email address will not be published. Required fields are marked *