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Tin-Can Customs Generates N128.4bn From Imports In 1 Month

Yusuf Babalola by Yusuf Babalola
1 year ago
in Business
TinCan port
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The Tin Can Island Port Area Command of the Nigeria Customs Service said it generated a total of N128.4 billion revenue in May 2025.

According to the Command’s public relations officer, Oscar Ivara, the amount is against N92.6 billion generated in the corresponding month of May 2024.

The statement attributed the development to the dedicated leadership of Comptroller Frank Onyeka, who has continued to lead the record-breaking performances in all areas of the command’s responsibilities.

“The Command has persistently churned out record revenues since the turn of the year, its stakeholders’ engagement has also been commended to be top notch, going by many indications.

“The record of the revenue generated shows that in May, a total of one hundred and twenty-eight billion, four hundred and forty-six million, three hundred and twenty-three thousand, two hundred and twenty-four naira, seventy-nine Kobo (N128,446,323,224.79k) only was generated.

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“This figure is far above the ninety-two billion, six hundred and seventy-one million, six hundred and three thousand, four hundred and eighteen naira, four kobo (N92,671,603,418.04) only generated in the corresponding month of May, 2024.

The statement added that the revenue figure for April 2025 stood at N145 billion and is also a significant increase over the figure of N95.5 billion collected in the corresponding period of April 2024.

Controller of the Command, Comptroller Frank Okechukwu Onyeka, maintained that he aims to generate revenue seamlessly adding that he encourages trade facilitation, but that the trade has to be legitimate and not harmful to the economy.

Comptroller Onyeka has, since the resumption of duty at the Command, keyed into the policies of the Comptroller-General of Customs, Adewale Adeniyi, and his records of performance at the Command so far have revealed a general increase in month-on-month performance in the area of revenue generation.

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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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