The Federal Government has reintroduced Cargo Tracking Notes in the nation’s ports.
The Cargo Tracking Note (CTN) or the ECTN (Electronic Cargo Tracking Note), is a system for collecting documents and processing information, when exporting by sea in order to obtain prior information, to participate in security measures, statistics, and generally in order to participate in the World Trade Organization (WTO) and the World Customs Organization (WCO) recommendations on trade facilitation and security.
President Mohammadu Buhari has since directed the Minister of Transportation, Rt. Hon. Rotimi Amaechi to reintroduce Cargo Tracking Notes (CTN) in order to curb the proliferation of arms and increase in banditry across the nation.
Amaechi has further directed the Nigerian Shippers’ Council(NSC) to commence preparation to undertake the responsibility of administering CTN as it commences.
The Executive Secretary, NSC, Mr. Hassan Bello, whose Council is to handle CTN describes it as “another instrument that will add tremendously in shipping development”.
He added:“It will boost the revenue of the government in customs revenue collection in the sense that it will abate under – declaration and concealment. It will boost the revenue of NPA because there will be no more alteration of the manifests. It will boost the revenue of NIMASA because under – declaration on the weight of ships will not be there any longer.
CTN is also a veritable source of data and some economic experts describe this as the best quality of the electronic based platform.
“You will know everything that is coming into your country. We have had many African countries having this because it is the initiation of the Union of African Shippers Council (UASC),” the NSC boss said about CTN last year”
73700cookie-checkFG Brings Back Cargo Tracking Note