Deployment of CTN to Check Fraudulent Practices, Improve Trade Facilitation, Says Shippers’ Council Boss
BARR AKUTAH
• Akutah: It is not only desirable, it is needed, long overdue
By Francis Ugwoke
The Executive Secretary, Nigerian Shippers’ Council (NSC) Barr Pius Akutah, has said that the Cargo Tracking Note (CTN) is aimed at improving trade facilitation at the nation’s seaports.
Akutah also explained that the CTN will help the federal government in checking fraudulent practices involving imports.
The NSC CEO who spoke to members of the League of Maritime Editors (LOME) recently during a courtesy visit emphasized that CTN will give correct volume of trade, a development which according to him will help government not to lose any revenue from imports.
He further disclosed that the deployment of the technology is expected during the third quarter of this year.
Akutah said that smaller countries surrounding Nigeria were already using CTN for their benefit.
He added, “It is a platform to monitor trade and give us correct volume of trade of what is coming in. And as you look at statistics, we also know what is the revenue being generated as a result of the CTN. It is not only desirable, it is needed, it is long overdue.
“Even smaller countries surrounding us have already established their CTN and they are using it. This is not just efficient form of trade facilitation but it is also beneficial to us to monitor what comes to our shores to be able to enhance the security of our country because if we know the cargoes that are coming to our country, we are in a better position to secure what comes in, what is not desirable for us. So, this is desirable and more than desirable it is needed and we need to all put our hands to ensure it happens”.
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