Categories: Business Update

Customs integrate 25 banks into platform to ease cargo transactions

The Nigeria Customs Service, Port Terminal Multiservices Limited Command, has announced the integration of 25 banks into the B’Odogwu platform to address delays in transaction processes and other challenges being faced during cargo clearance at the ports.

Speaking at a press conference on Wednesday, the PTML Customs Area Controller, Tenny Daniyan, discussed the platform’s progress since its unveiling on October 23, 2024, highlighting both its achievements and the challenges encountered.

The B’Odogwu platform, developed in collaboration with the Trade Modernisation Project, is an indigenous ICT system aimed at improving customs operations.

The Comptroller General, NCS, Adewale Adeniyi, emphasised the system’s role in enhancing operational efficiency during its launch in Lagos in October.

He also noted that the NCS, in partnership with Trade Modernization Project Limited, intends to eventually export the homegrown system globally.

Daniyan updated the media on the platform’s development, acknowledging that the transition from the previous ICT system, Webb Fontaine’s Nigeria Integrated Customs Information System, to B’Odogwu had not been without difficulties.

He revealed that Webb Fontaine’s disconnection of PTML from NICIS 11 caused disruptions for agents, prompting the accelerated implementation of B’Odogwu.

“The resistance we have faced shows that we are challenging the status quo.

“Despite initial setbacks, we are determined. B’Odogwu represents a significant leap in modernizing customs operations and boosting national revenue.

“We have been working closely with banks, and many have addressed their internal processes. By tomorrow, 25 banks are expected to be fully operational on the platform,” he added.

The Customs Area Controller also acknowledged challenges in stakeholder engagement, noting that some stakeholders have been slow to adopt the new system.

However, recent developments show increased registrations and greater support from key players.

Daniyan highlighted the positive impact of the platform on revenue collection, revealing that the command generated over N44bn in October 2024, surpassing this figure in the first weeks of November.

He also noted that the indigenous platform has diversified the flow of shipments to the terminal and opened new revenue streams, particularly in trade with China and the East.

The platform’s first transaction occurred on October 30, 2024, with N2.5bn paid into NCS coffers, followed by a second transaction of N3.026bn.

In addressing concerns over cargo clearance delays, Daniyan reassured stakeholders that the command remains committed to maintaining a two-hour turnaround time for roll-on/roll-off cargo.

He attributed delays to non-compliance and incomplete declarations by agents, urging them to align with the new system to avoid setbacks.

Daniyan called on all stakeholders to fully embrace the B’Odogwu platform, assuring them that continuous improvements and support would be provided to ease the transition.

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