Tin-Can Customs Generates N116bn Revenue From Import In January

The Tin Can Island Command of the Nigeria Customs Service (NCS) said it generated N116.412 billion in revenue from imports in 2025.

This was disclosed by the Customs Area Controller, Compt. Frank Onyeka, at the sensitization workshop for importers and clearing agents on the introduction of the 4% Free on Board (FOB) levy and the new Unified Customs Management System known as B’Odogwu.

Compt. Onyeka stated that the revenue generated in 2025 represented a significant increase when compared to the amount collected in January 2024, which was N88.430 billion.

According to him, the difference between the two figures represents N27.982 billion which corresponds to a 24.06% increase year-over-year.

“In January 2025, the Command successfully generated a total of N116.412 billion. This represented a significant increase when compared to the amount collected in January 2024, which was N88.430 billion.

“The difference between the two figures is N27.982 billion which corresponds to a 24.06 per cent increase year-over-year.”

Speaking on the implementation of the four per cent Free on Board (FOB) levy and the new Unified Customs Management System known as B’Odogwu, Compt. Onyeka noted that these developments are aimed at streamlining Nigeria’s Customs processes while improving efficiency and transparency within the trade and importation landscape.

The Area Controller emphasised the importance of these reforms, particularly the four per cent FOB levy, which applies to the value of goods at the point of import.

According to him, the four per cent FOB levy, which was provided for in Section 18 of the Nigeria Customs Service Act 2023, was expected to boost the operational efficiency of the service in line with International best practices.

Additionally, he stated that the introduction of the B’Odogwu Clearance System was highlighted as a step towards modernising the Customs clearance process, reducing bottlenecks, and enhancing compliance. Noting that the scheme will soon be launched in the Command.

Comptroller Frank expressed optimism regarding the continued growth, stating that the Command is on track to surpass its 2025 annual target of N1.524 trillion, as he is taking adequate steps to maintain the momentum throughout the year.

On some of his reforms introduced in the Command so far, Comptroller Onyeka said he is creating a more trade-friendly environment for all port activities to strive. He reiterated that the era of multiple alerts is over and stressed that honest declarations and thorough examinations must be emphasised.

He promised to continue to engage with stakeholders, as this is a crucial part of ensuring the success of these initiatives,”. “Through constant collaboration and feedback, we aim to address concerns, foster a better understanding of the processes, and ultimately ensure smooth implementation of these policies.”

The directives from the Comptroller General of Customs, Bashir Adewale Adeniyi, to initiate these consultations underscores the commitment of the service to transparency, effective communication, and partnership with stakeholders as it navigates through the evolving landscape of international trade.