Nigeria Customs Service (NCS) has recorded N1.3 trillion revenue in the first quarter of 2025, more than double the N600 billion collected during the same period in 2023.
The comptroller-general of Customs Bashir Adewale Adeniyi attributed this to the transformative reforms under President Bola Tinubu’s Renewed Hope Agenda, as revealed in an upcoming State House documentary marking the president’s second anniversary.
According to a statement by presidential spokesman, Bayo Onanuga yesterday, Adeniyi noted that the revenue surge emanated from improved technological deployment, enhanced port operations, tightened enforcement on revenue leakages and a renewed culture of accountability across customs commands.
“We collected ₦1.3 trillion in Q1 2025 alone. This is not due to higher import volumes. Imports have dropped due to foreign exchange constraints. What has changed is efficiency, transparency and enforcement,” the comptroller-general said.
He disclosed that the service was preparing to launch the e-Customs modernisation project. The $3.2 billion initiative will digitise cargo processing, surveillance, and payment systems across Nigeria’s ports and borders.
“We’re laying the foundation to move from a manual, paper-based system to a fully digital service. The e-Customs project is central to our future. Once fully deployed, we project it will add $250 billion in cumulative revenue over 20 years,” he said.
Adeniyi added that the newly launched Authorised Economic Operator (AEO) Programme is now onboarding pre-vetted importers, allowing compliant businesses faster processing and reducing port congestion.
