The Comptroller-General pledged to maintain efforts to reach the NCS’s ₦6.58 trillion annual revenue goal, focusing on efficiency, transparency, and innovation
Nigeria Customs Nets ₦1.75 Trillion, Seizes ₦7.7 Billion in Smuggled Goods in Q1 2025
The Nigeria Customs Service (NCS) generated a record ₦1.75 trillion in revenue during the first quarter of 2025, exceeding its target by ₦106 billion and marking a 29.96% increase from ₦1.34 trillion in Q1 2024.
Comptroller-General Bashir Adewale Adeniyi announced the achievement at a press briefing in Abuja, crediting reforms and enhanced enforcement under the Tinubu administration.
January led with ₦647.88 billion, a 65.77% surge year-on-year, followed by ₦540.1 billion in February and ₦563.5 billion in March, both surpassing monthly targets.
In anti-smuggling efforts, the NCS recorded 298 seizures valued at ₦7.7 billion, up 78.41% from Q4 2024. Seized items included 135,474 bags of rice, petroleum, narcotics, and wildlife products worth ₦5.65 billion.
Trade facilitation saw 327,928 import declarations processed, valued at ₦14.8 trillion, with export volumes soaring 348% to over 5 billion kilograms despite a 24.4% dip in declarations.
Strategic initiatives like the Authorized Economic Operators programme, B’Odogwu platform expansion, and the Customs Cares CSR campaign also advanced.
Adeniyi vowed to sustain the momentum to achieve the NCS’s ₦6.58 trillion annual revenue goal, emphasizing efficiency, transparency, and innovation. Read More
