• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 18, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigerian Customs Surpasses 2024 Target, Generates N6.1trn Revenue

by Mark Itsibor
6 months ago
in Business
Customs
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

Comptroller-general of the Nigeria Customs Service (NCS), Adewale Adeniyi, has announced that the Service recorded N6,105,315,543,488.50trn as revenue collection in the year-end 2024, surpassing the revenue target of N5.079trn by N1,26,245,677,404 trn.

The CGC also disclosed that N1.622trn was lost as concession to businesses to stimulate economic growth and enhance the business environment under the federal government’s import duty exemption scheme.

Adeniyi made the disclosure on Tuesday at a media briefing on the update of activities of the Service in 2024.

He said Customs facilitated import and export trade with a total financial value of about N196.94trn in 2024 alone. In detail, he said the NCS processed imports with a value of N60.29trn, higher than the 2023 record of trade facilitation.

RELATED

How To Start Accepting Crypto As A Business

How To Start Accepting Crypto As A Business

3 hours ago
Why Credit Cards Excel For Online Casino Payments In Canada

Why Credit Cards Excel For Online Casino Payments In Canada

5 hours ago

Adeniyi said that was done through 1,262,988 total import transactions. He announced that the trade volume of import and export for the year stood at N196.94trn. “It indicates the increasing competiveness in Nigeria made products,” Adeniyi stated.

According to him, Customs made 3,555 million seizures throughout the year. The seizures have a monetary value of N28.46bn.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Adewale AdeniyiNigeria Customs Service (NCS)
SendShareTweetShare
Previous Post

PICTORIAL: Days After Exit From Office, Ex-Ghanaian President Akufo-Addo’s Statue Destroyed

Next Post

Court Sentences Man To Life Imprisonment For Raping 17-yr-old Girl

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

How To Start Accepting Crypto As A Business
Business

How To Start Accepting Crypto As A Business

2025/07/18
Why Credit Cards Excel For Online Casino Payments In Canada
Business

Why Credit Cards Excel For Online Casino Payments In Canada

2025/07/18
Expo To Champion Homegrown Tech, Local Manufacturing
Business

Expo To Champion Homegrown Tech, Local Manufacturing

2025/07/18
GTCO’s Squad Partners Omnipay To Simplify FMCG Payments
Business

GTCO’s Dual Listings Drive Share Price Appreciation

2025/07/18
ECA Projects Slow Global GDP Growth
Business

Clean Energy: Economic Commission Pushes For Innovative Financing For Africa’s Industries

2025/07/18
I Will Continue To Support, Collaborate  With Army – Uzodimma
Business

Digital Skill: Imo Partners California Varsity To Train 100,000 Youths

2025/07/18
Leadership Conference advertisement

LATEST

Enugu Police Rescue 6 Stolen Children In Multiple Operations

Hit-and-Run Driver Kills Police Officer In Gombe

Police Arrest Wanted Notorious Bandit, Others In Kaduna

Your Periodic Attempts To Review 1999 Constitution, A Waste Of Resources, Gov Diri Tells Lawmakers

Pension: Labour Rejects Ogun Gov’s Plea, Vows To Continue Indefinite Strike

How To Start Accepting Crypto As A Business

WAFCON 2025: Dominant Super Falcons Thrash Zambia 5-0 To Reach Semifinals

In Kano, Tinubu Hails Late Dantata’s Legacy Of Humility, Generosity

Why Credit Cards Excel For Online Casino Payments In Canada

ICPC To Arraign KANSIEC Chair, Others Over Alleged N1bn Money Laundering

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.