Duty on vehicles, cargoes imported via PTML hits N224bn

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The duty collected on imported used vehicles and other cargoes through Ports & Terminal Multipurpose Limited, one of the terminals in Apapa, increased to N224.47bn last year.

According to a document obtained by our correspondent from the PTML Command of the Nigeria Customs Service, the number represents a 19% increase compared to the N189.35bn recorded in 2020.

It also showed that vehicle importation rose by 10.8 per cent from 203,319 units in 2020 to 226,892 units in 2021.

– Punch

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