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Customs Revenue At Lekki Port Rises By 28.9%, Hits N408.87bn In H1

Yusuf Babalola by Yusuf Babalola
4 months ago
in Business
lekki port
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The Nigeria Customs Service (NCS) Lagos Free Trade Zone Command generated ₦408.87 billion in revenue in the first half of 2026, representing a 28.9 per cent increase over the amount collected during the corresponding period of 2025.

Speaking during the Command’s 2026 Half-Year Media Briefing in Lagos on Thursday, the Customs Area Controller said the Command collected N408.87 billion between January and June 2026, compared to N317.32 billion recorded in the same period last year, reflecting an increase of N91.55 billion.

The Controller attributed the impressive performance to stronger compliance, improved operational efficiency, enhanced stakeholder engagement and growing commercial activities within the Free Trade Zones and the Lekki Deep Sea Port.

He also disclosed that the Command recorded its highest monthly revenue collection since its establishment, generating N87.10 billion in June 2026 alone.

According to him, the milestone demonstrates the Command’s growing capacity and increasing confidence among investors and businesses operating within the Free Trade Zones and the Lekki port corridor.

The Customs chief said the revenue growth was driven by deliberate strategies aimed at strengthening compliance with customs regulations while facilitating legitimate trade.

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He noted that sustained stakeholder engagement through dialogue, education and collaboration had encouraged voluntary compliance with extant customs laws, creating an environment that supports trade while safeguarding government revenue.

The Controller added that the professionalism, integrity and commitment of officers and personnel of the Command had also contributed significantly to the improved performance, strengthening the confidence of the trading community in the operations of the Nigeria Customs Service.

He commended the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, for providing strategic direction that has enabled Customs commands across the country to improve performance.

The Controller also acknowledged the support of other Customs formations, sister security and regulatory agencies, as well as investors, licensed customs agents, importers and exporters operating within the Free Trade Zones.

He assured stakeholders that the Command would continue to promote trade facilitation in line with global best practices while ensuring strict compliance with extant laws and regulations.

Looking ahead to the second half of the year, he said the Command remains focused on consolidating its achievements, improving service delivery and surpassing its revenue targets without compromising its statutory responsibilities.

 

 

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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