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Customs Generates N347.9bn From Import At Tin Can Island Port In Q1

by Yusuf Babalola
2 months ago
in Business
Customs
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The Tin Can Island Command of the Nigeria Customs Service (NCS), on Monday, announced that it generated N347.9 billion from Imports between January and March 2025.

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Speaking to Journalists, the Customs Area Controller of the Command, Compt. Frank Onyeka said the amount generated in Q1 2025 is 12.6 per cent higher than the N304 billion generated in Q1 2024.

Giving details, he said, “The January 2025 revenue generation record showed a total of N116.4 billion which represents 24.06 per cent over and above the figure of N88.43 billion recorded within the corresponding period of 2024.

“The record for February 2025 also showed that the sum of N103.25 billion was generated which is also 2.90 per cent over and above the sum of N100.25 billion generated over the corresponding month of February 2024.

“The Command generated the sum of N128.26 billion for March 2025, and this is 10.3 per cent higher than the N115.10 billion generated over the corresponding period of 2024. The total amount generated for the first quarter of 2025 is thus N347.93 billion which is 12.6 per cent higher than the N304 billion generated in the corresponding period of 2024.”

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The Customs boss, however, urged stakeholders to make honest declarations for a more seamless operational environment that will benefit all stakeholders in the sector.

He further acknowledged the support of the comptroller general of Customs, Adewale Adeniyi, which he said has provided a conducive environment for them to operate.

“I promise to continue engaging stakeholders in every way possible so that there can be more all-around improvement in all aspects of their operations,” he stated.


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